Latest News

Investing |

Jobless Claims Figure Drops 11,000

November 26, 2003 (PLANSPONSOR.com) - The number of Americans lining up for first-time jobless claims continued its downward trend with an 11,000-claims drop last week.
Investing |

October Mass Layoffs Head North

November 26, 2003 (PLANSPONSOR.com) - Domestic mass layoffs skyrocketed in October over the month before with a 75.4% increase in layoffs and a 91.4% hike in affected workers.
Compliance |

Senate Fails to Pass Pension DRC Act

November 26, 2003 (PLANSPONSOR.com) - The US Senate recessed for Thanksgiving on Tuesday after failing to pass a proposed legislation providing a break for business from the deficit...
Benefits |

BLR: Merit Budgets Below 4% in 2004

November 25, 2003 (PLANSPONSOR.com) - Most employers are planning merit budgets below 4% in 2004, representing some of the smallest increases for workers since 1985.
Compliance |

Senate Scrambles to Pass Pension DRC Act

November 25, 2003 (PLANSPONSOR.com) - US Senators were scrambling on Tuesday in an effort to pass legislation providing a break for business from the deficit reduction contribution (DRC)...
Investing |

ICI: Mutual Funds Up 2.9% in October

November 25, 2003 (PLANSPONSOR.com) - The combined assets of the nation's mutual funds increased after a slight dip last month - up $202.9 billion (2.9%) in October.
Benefits |

Challenger: Older Entrepreneurs Flourishing

November 24, 2003 (PLANSPONSOR.com) - While many still picture entrepreneurs as the young bucks of industry, increasingly, these days, those starting their own companies have a few gray...
Benefits |

"Enlargement" Ads Induce Spam Rage

November 24, 2003 (PLANSPONSOR.com) - A computer programmer who popped after receiving one too many penis enlargement ads has been arrested for allegedly making repeated threats to the...
Investing |

TASS: Q3 Hedge Fund Inflows Set New Record

November 24, 2003 (PLANSPONSOR.com) - Hedge fund investors poured a record amount of net assets, $24.6 billion, into their funds during the third quarter, according to research compiled...
Compliance |

Lawmaker Would Extend ERISA to Tribal Benefits

November 24, 2003 (PLANSPONSOR.com) - A new legislative proposal would bring Indian tribal government employee benefits, such as 401(k) plans, under ERISA, which currently governs worker benefit programs...
Products |

Pru Moves In Web-based Relocation Tool

November 24, 2003 (PLANSPONSOR.com) - Prudential Relocation has launched an online meeting service for relocation professionals, corporate clients and their employees.
Products |

BNY Launches European Investment Tools

November 24, 2003 (PLANSPONSOR.com) - The Bank of New York, though its BNY Securities Group, is now offering global transition management, commission recapture, independent equity research and commission...