Latest News

March 11, 2005 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) announced Wednesday that it was casting its proxy votes against a Morgan Stanley shareholder proposal limiting...

March 11, 2005 (PLANSPONSOR.com) - Key Corp's broker-dealer unit McDonald Investments Inc. will be censured and pay a $275,000 fine to settle allegations it didn't have enough safeguards...

March 23, 2004 (PLANSPONSOR.com) - Prudential Financial Inc has sold off the company stock holdings in its pension plan to diversify the plan's assets and cut administrative costs.

November 2, 2005 (PLANSPONSOR.com)—Hedge funds grew at a slow pace during the third quarter, with overall growth of 1.6%, a decline from the long term average quarterly growth...

February 11, 2005 (PLANSPONSOR.com) - The Ontario government has notified Stelco Inc. and its suitors that a pension funding holiday, granted when the company was undergoing financial restructuring,...

February 11, 2005 (PLANSPONSOR.com) - Breaking from his usual cohorts at the California Public Employees' Pension System (CalPERS), New York State Comptroller Alan Hevesi has said that the...

February 11, 2005 (PLANSPONSOR.com) - The Canada Pension Plan (CPP) earned 5.2% - or $3.9 billion - in returns for the fourth quarter of 2004.

February 23, 2004 (PLANSPONSOR.com) - PIMCO may have done business with hedge fund Canary Capital Partners, but not to the detriment of other shareholders, according to Bill Gross,...

February 23, 2004 (PLANSPONSOR.com) -Despite allegations about its personnel practices, the nation's largest retailer, Wal-Mart, has been tapped for the second year in a row for the top...

February 23, 2004 (PLANSPONSOR.com) - The US Department of Labor's Employee Benefit Security Administration (EBSA) has opened up an investigation into possible trading abuses by retirement plan administrators,...

February 23, 2004 (PLANSPONSOR.com) -Two former executives of now-defunct Phoenix-based custodian/trustee caught up early on in mutual fund trading scandal have pleaded not guilty to fraud charges

February 23, 2004 (PLANSPONSOR.com) - As an example of too much of a good thing, T. Rowe Price has shuttered two more of its most popular mutual funds...

November 2, 2005 (PLANSPONSOR.com) - The US 3rd Circuit Court of Appeals has decided the US Department of Health and Human Services (HHS) did not violate the US...

November 2, 2005 (PLANSPONSOR.com) - The Conference Board's report from its survey of 658 global CEO's said that health care costs ranked seventh on the list of US...

November 2, 2005 (PLANSPONSOR.com) - A study by Vanguard's Center for Retirement Research notes that participants in 401(k) plans should not only diversify their assets, but should use...

November 2, 2005 (PLANSPONSOR.com)-Today, a second age discrimination class action lawsuit was brought against 3M Company in state court in Newark, NJ on behalf of about 100 current...

November 2, 2005 (PLANSPONSOR.com) - First Mercantile has introduced the Highly Concentrated Participant Report to aid investment consultants in monitoring participants' investment allocations in retirement plan accounts.

November 2, 2005 (PLANSPONSOR.com)—The Depository Trust & Clearing Corporation (DTCC) is expanding its Commission Settlement service for mutual funds to include settlement of broker-to-broker transactions.

November 2, 2005 (PLANSPONSOR.com) - The average US stock fund slipped 2.21% in October, in spite of third quarter GDP data that was better than expected.

January 23, 2004 (PLANSPONSOR.com) - More than 3 million affluent households may be considering reducing their mutual fund positions due to the recent mutual fund scandals.