Latest News

Administration |

PBGC Puts on Apparel Plan

April 22, 2002 (PLANSPONSOR.com) - The Pension Benefit Guarantee Corp. (PBGC), the government's pension insurance program will take over bankrupt Durango Apparel, Inc.'s defined benefit plan, which was...
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.
Administration |

Morningstar Shaking Up Rating System

April 22, 2002 (PLANSPONSOR.com) - Investment research firm, Morningstar, Inc. is enhancing Morningstar Rating, its star rating system for funds to better assist investors in fund selection.
Compliance |

Party Lines Drawn In Pension Proposals

March 22, 2002 (PLANSPONSOR.com) - Congress took steps to insulate retirement programs from being 'Enron-ed' this week - but the competing bills are separated by both substance and...
Administration |

Bad Investment Could Cost MD Millions

March 22, 2002 (PLANSPONSOR.com) - Maryland's state retirement fund could be out $4 million because a former investment advisor committed millions of pension dollars to shares of its...