Latest News

Benefits |

Citigroup Sued Over Cash Balance Plan

February 7, 2005 (PLANSPONSOR.com) - A lawsuit seeking class-action status filed in federal court is alleging that Citigroup's cash-balance pension plan violates minimum accrual rules.
Benefits |

January CEO Turnover Surges

February 7, 2005 (PLANSPONSOR.com) - January chief executive turnover surged to its highest level since 2001, as 92 CEOs announced their departures.
Benefits |

January CEO Turnover Surges

February 7, 2005 (PLANSPONSOR.com) - January chief executive turnover surged to its highest level since 2001, as 92 CEOs announced their departures.
Products |

ProNvest Expands Rollover Services

February 7, 2005 (PLANSPONSOR.com) - As an extension of their advice, managed account, and rollover services, Atlanta-based ProNvest has announced several product enhancements.
Administration |

Chapman's Mistress Takes the Stand

July 14, 2004 (PLANSPONSOR.com) - A former Maryland state official, who allegedly defrauded the state pension system with investments in his own company, told his former mistress and...
Compliance |

White House to Congress: PBGC Needs Help

February 7, 2005 (PLANSPONSOR.com) - Warning that the financial integrity of the nation's insurer of private defined benefit pensions was up in the air, the Bush Administration has...
Administration |

Merrill Is Not Divesting MLIM Unit

July 14, 2004 (PLANSPONSOR.com) - Ahmass Fakahany, Chief Financial Officer of Merrill Lynch & Co., said the firm has no plans to sell-off its asset-management arm, Merrill Lynch...
Compliance |

EBSA Launches Pension Reform Web Site

February 7, 2005 (PLANSPONSOR.com) - The Employee Benefits Security Administration has launched a new Web page for the Bush Administration's pension reform proposal.