Latest News

Investing |

Mass Layoffs Down A Bit in May

June 26, 2003 (PLANSPONSOR.com) - US employers underwent 1,699 mass layoffs in May 2003 involving 173,784 people, according to new data from the US Department of Labor's Bureau...
Deals and People |

Marin Gets the Nod as BSAM Executive

June 25, 2003 (PLANSPONSOR.com) - Bear, Stearns & Co. Inc. has tapped Richard Marin, former Deutsche Asset Management chairman, as chairman and chief executive officer of Bear Stearns...
Benefits |

CIGNA Eases Mental Health Treatment Rules

June 25, 2003 (PLANSPONSOR.com) - Participants in health care plans with mental health coverage from CIGNA Behavioral Health will no longer have to get prior approval to see...
Investing |

Fed Slashes Rates to Four Decade Lows

June 25, 2003 (PLANSPONSOR.com) - Admitting that the US economy "has yet to exhibit sustainable growth," the US Federal Reserve Wednesday slashed the trend-setting federal funds rate by...
Products |

ADVISORport Launches Hedge Fund MSA

June 23, 2003 (PLANSPONSOR.com) - ADVISORport announced the launch of its first series of Multi-Strategy Accounts (MSA's) to include an allocation to hedge funds.
Products |

BoNY Unveils Enhanced ADR Platform

June 23, 2003 (PLANSPONSOR.com) - G-Trade Services Ltd. announced that it has launched an enhanced version of ADR Direct, its American depositary receipt (ADR) conversion platform.