Latest News

Benefits |

Illinois Gov Pushes For Canadian Drug Purchases

September 15, 2003 (PLANSPONSOR.com) - Illinois Governor Rod Blagojevich has directed the Illinois Special Advocate to draft a plan for buying prescription medications from Canada for as many...
Administration |

DoL Sues Ill. Exec Over Plan Debts

December 9, 2003 (PLANSPONSOR.com) - The US Department of Labor (DoL) has filed a lawsuit against the executive of Omni Circuits, Inc., in Glenview, Ill., to block any...
Investing |

EBRI: Bears Merely Scratched 401(k) Balances

September 12, 2003 (PLANSPONSOR.com) - Despite losses in the equity markets, asset diversification and continuing contributions show 401(k) participants have not given up on long-term approaches in their...
Compliance |

IRS Hands Down Final Split-Dollar Regulations

September 12, 2003 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) and the US Treasury Department have issued TD 9092 providing the final regulations on tax treatments for split-dollar...
Compliance |

DoL Clears Use of 'Profile" Prospectuses

September 12, 2003 (PLANSPONSOR.com) - Plan sponsors can satisfy their 404(c) fiduciary responsibilities to provide 401(k) participants with investment information through summary "profile" prospectuses rather than the more...
Products |

S&P Adds SMA Rankings to Research Lineup

September 12, 2003 (PLANSPONSOR.com) - Standard & Poor's is adding another arrow to its quiver of research products - research on US separate account managers aimed at advisors...
Administration |

MFS Expects To Be Charged in Fund Probe

December 9, 2003 (PLANSPONSOR.com) - Massachusetts Financial Services Co. (MFS) is battening down the hatches in anticipation of fraud charges from the US Securities and Exchange Commission (SEC)...