Latest News

Compliance |

QDRO Overrides Beneficiary Designation

October 7, 2003 (PLANSPONSOR.com) - A qualified domestic relations order (QDRO), entered into in good faith, supercedes a beneficiary designation that entitled a pension plan's participant's former wife...
Investing |

YTD Tech Job Cuts Plummet in Q3

October 6, 2003 (PLANSPONSOR.com) - Third-quarter job cuts in the technology sector rose over the second quarter of 2003, but year-to-date 2003 totals represented a dramatic decline from...
Benefits |

CA Governor Inks Health Care Bill

October 6, 2003 (PLANSPONSOR.com) - California Governor Gray Davis signed into law legislation requiring a large portion of the state's employers to provide health care coverage to their...
Compliance |

IPALCO Suits Gains Class-Action Status

October 6, 2003 (PLANSPONSOR.com) - Nearly 2,000 employees of Indianapolis Power & Light Co. (IPALCO) will be allowed to join a class-action case alleging that IPALCO improperly promoted...
Administration |

CI Picks up Mutual Fund Companies

May 22, 2002 (PLANSPONSOR.com) - CI Fund Management Inc, (CI) a Toronto asset manager, has agreed to acquire two mutual fund subsidiaries from Sun Life Financial Services of...
Administration |

AMG Takes Equity Stake in Third Ave

May 22, 2002 (PLANSPONSOR.com) - A Boston asset-management firm will acquire a majority stock interest in Third Avenue Management, a New York investment manager whose affiliates advise the...
Administration |

PNC Claims to be Fraud Victim

April 22, 2002 (PLANSPONSOR.com)-Pittsburgh-based bank PNC Financial may have been the subject of a $50 million fraud, according to a report in the Financial Times.