Latest News

Compliance |

SEC Rethinking Hard Close Proposal

March 10, 2004 (PLANSPONSOR.com) - The US Securities and Exchange Commission (SEC) is considering alternatives to the agency's proposed 4 p.m. "hard close" rule aimed at ending illegal...
Products |

ING Introduces Advisor K Plan Training

March 10, 2004 (PLANSPONSOR.com) - Brokers and advisors looking to break into the potentially lucrative 401(k) market may want to use a new training program from plan provider...
Benefits |

Directors Comp Packages Getting Fatter

March 10, 2004 (PLANSPONSOR.com) - The median total direct compensation packages for corporate directors were up by about 30% in the last year, according to a new study.
Administration |

AL Workers Vow War if DROP Dropped

October 15, 2003 (PLANSPONSOR.com) - An Alabama union leader is predicting war will break out when Governor Bob Riley proposes doing away with a pension bonus program for...
Administration |

Bank One Fund Unit Head Departs

October 15, 2003 (PLANSPONSOR.com) - Ripples of the Canary Capital Management scandal continue to move through the mutual fund industry with word that Bank One has replaced the...
Administration |

PFPC Acquiring ADVISORport

September 15, 2003 (PLANSPONSOR.com) - PFPC Worldwide Inc. is set to acquire all outstanding shares of Persimmon Research Partners, Inc, also known as ADVISORport.
Administration |

Deutsche Bank Takes Passive "Action"

September 27, 2002 (PLANSPONSOR.com) - Deutsche Bank continued to dispense with its institutional businesses, announcing that it has agreed to sell its passive asset management operations to Northern...
Products |

WESPAC Inks Pact With East Coast Provider

September 27, 2002 (PLANSPONSOR.com) - Oakland, California-based third-party administrator WESPAC has signed up as a strategic alliance partner with trading platform provider Walker MacRae.
Compliance |

Deferred Comp Forfeiture Not a "Rebate"

September 27, 2002 (PLANSPONSOR.com) - A company which forfeited an unvested worker's stock purchase plan account didn't violate a Washington state law prohibiting employers from taking a "rebate"...
Benefits |

Seattle Mayor Acknowledges Same Sex Marriages

March 9, 2004 (PLANSPONSOR.com) - Seattle Mayor Gregory Nickels has issued an executive order acknowledging the validity of marriages regardless of the sex of the individuals for purposes...
Benefits |

Canadian Drug Exports Tick Up

March 9, 2004 (PLANSPONSOR.com) - United States-based customers bought more prescription medications exported from Canada in January, reversing three months of declines.
Benefits |

States Forced to Ponder Health Care Reality

March 9, 2004 (PLANSPONSOR.com) - While large private employers may have adjusted health care premium contribution levels to steer employees to the most cost- effective carriers, state governments...