Latest News

March 26, 2004 (PLANSPONSOR.com) - The hard-hit Putnam investments has lost two veteran portfolio managers for what the company describes as personal reasons.

February 3, 2005 (PLANSPONSOR.com) - Fidelity Investments today announced the appointment of Jeffrey Smith as executive vice president, sales and consultant relations for Fidelity Management Trust Company (FMTC).

February 3, 2006 (PLANSPONSOR.com) - The US 9th Circuit Court of Appeals has ruled that a participant is not required to enter arbitration based on the investment management...

March 2, 2006 (PLANSPONSOR.com) - North American companies could spend as much as $27.3 billion on compliance work in 2006, with $6 billion of that being spent on...

March 14, 2005 (PLANSPONSOR.com) - A former Bank of America Corp. broker is headed to trial on criminal charges relating to allegations he helped a hedge fund conduct...

February 3, 2006 (PLANSPONSOR.com) - The US District Court for the Western District of New York has remanded the state law claims of employees who no longer qualified...

March 14, 2005 (PLANSPONSOR.com) - Reversing the dour findings of 2003, a Wilshire Research study reports that the funding ratio for the most recently reporting state retirement systems...

February 3, 2005 (PLANSPONSOR.com) - A federal appeals court has ruled that a man who entered a relationship code on a life insurance beneficiary designation form to indicate...

March 14, 2005 (PLANSPONSOR.com) - Amid multiple investigations into corporate wrongdoing, the board of AIG is reportedly urging long-time chief executive Maurice "Hank" Greenberg to resign his post.

March 2, 2006 (PLANSPONSOR.com) - CMS Energy Corp. has settled for $28 million two class-action lawsuits filed by employees whose stock in the company's 401(k) plan lost value...

February 3, 2006 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has filed a lawsuit in an attempt to avoid taking over the underfunded pension plan of WCI...

February 3, 2005 (PLANSPONSOR.com) - California may join a handful of other states in pressuring Wal-Mart and other large employers to beef up their employee health care coverage...

March 26, 2004 (PLANSPONSOR.com) - When the New York Stock Exchange (NYSE) board sits down in coming days to select its members, it will have no shortage of...

March 26, 2004 (PLANSPONSOR.com) - The people have spoken at PeopleSoft Inc. as 53% of investors approved a proposal to count stock options as an expense.

March 26, 2004 (PLANSPONSOR.com) - Janus Capital Group Inc has said steps were taken to deter improper trading in the firm's mutual fund almost a year before regulators...

March 14, 2005 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) is expected on Monday to reconsider its approach to outside auditors at companies in which it...

March 14, 2005 (PLANSPONSOR.com) - Invesmart is reporting that participant behavior in its RightPath defined contribution plans indicates an improvement in participation and contribution rates.

February 2, 2006 (PLANSPONSOR.com) - Mellon Financial Corporation has announced that Robert Capone has joined Mellon Asset Management as Head of Defined Contribution (DC).

February 26, 2004 (PLANSPONSOR.com) - With his office still neck deep in the continuing mutual fund trading scandal, New York State Attorney General Eliot Spitzer is apparently now...

February 2, 2006 (PLANSPONSOR.com) - The five former officials of the San Diego City Employees' Retirement System (SDCERS) and the system's former general counsel, who were indicted last...