Latest News

Compliance |

ESOP Trustee Badly Handled Stock Purchase

September 14, 2004 (PLANSPONSOR.com) - A federal judge has awarded participants in an employee stock ownership plan (ESOP) $7.75 million in damages after finding that the plan's trustee...
Compliance |

PBGC Pushing for Pension Changes

September 15, 2004 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation says it will guarantee the basic pension benefits of airline workers from US Airways and United Air Lines...
Benefits |

WI Firm Slapped with ADA Suit

September 14, 2004 (PLANSPONSOR.com) - Federal officials have sued a Green Bay, Wisconsin trucking firm over allegations it violated the Americans with Disabilities Act in firing an employee...
Benefits |

Monte Carlo Techniques 'Off the Mark'

September 14, 2004 (PLANSPONSOR.com) - A retirement systems provider claims a Monte Carlo analysis isn't the best way to help participants understand investment risk.
Products |

Cigna Expands Web-Based Services

September 13, 2004 (PLANSPONSOR.com) - Cigna Healthcare, through its online 'control panel', has launched new eligibility and enrollment capabilities in order to aid employee benefit plan administrators manage...
Products |

NASD Unwraps 529 Buying Guides

September 13, 2004 (PLANSPONSOR.com) - Those looking to invest in a 529 college savings plan now have a new reference tool, courtesy of the financial services regulator NASD.
Products |

Tufts to Offer HSA's to Smaller Businesses

September 13, 2004 (PLANSPONSOR.com) - Tufts Health Plan, in partnership with three Massachusetts intermediaries, has unveiled a health savings account (HSA) for businesses with fewer then 10 employees.