Latest News

Administration |

MA Senate Passes Divestment Measure

July 6, 2007 (PLANSPONSOR.com) - The Massachusetts Senate last week passed legislation that will force the investment management board for the state's pension assets to divest nearly $70...
Compliance |

Stock Taxable When Options Exercised

July 6, 2007 (PLANSPONSOR.com) - The 7th U.S. Circuit Court of Appeals has ruled that a taxpayer was incorrect when she claimed income for stock shares obtained when...
Administration |

Russell Announces Index Reconstitution

June 19, 2006 (PLANSPONSOR.com) - Russell Investment Group has released a preliminary list of companies that will join or leave the broad-market Russell 3000 Index when it reconstitutes...
Investing |

June Job Growth Tops Expectations

July 6, 2007 (PLANSPONSOR.COM) - Hiring activity in the U.S. surpassed expectations for the month of June, and the unemployment rate was stagnant at 4.5%.
Products |

Compass Offers Plan Consulting Service

June 19, 2006 (PLANSPONSOR.com) - Birmingham, Alabama-based Compass Bank is now offering a new advisory service aimed at customers evaluating 401(k) plans and other benefit programs.
Compliance |

DoL Settles ESOP Mismanagement Lawsuit

July 5, 2007 (PLANSPONSOR.com) - The participants in Cambar Software Inc.'s (CSI) Employee Stock Ownership Plan (ESOP) will have $760,000 restored to them as part of a settlement...