Latest News

Compliance |

Court: Benefits Claim Filed Too Late

May 30, 2003 (PLANSPONSOR.com) - An employee can't challenge a benefits decision by his employer's health and welfare plan because of the plan's three-year limit on when lawsuits...
Products |

Humana Introducing Direct Debit HRA Card

May 30, 2003 (PLANSPONSOR.com) - Access to Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs) will soon be a credit card swipe away for Humana commercial members.
Investing |

Americans Still Clinging to Jobless Rolls

May 29, 2003 (PLANSPONSOR.com) - Some 9,000 fewer Americans applied for initial jobless benefits last week, but the number of people already on the unemployment rolls who continue...
Investing |

April Mass Layoffs Tick Up

May 29, 2003 (PLANSPONSOR.com) - There were 1,576 mass layoffs in April involving 161,095 workers - a slight increase in the number of layoffs over the year before...
Products |

AUL Releases New 'No Wrap" NAV Product

May 29, 2003 (PLANSPONSOR.com) - Plan sponsors have a new "no wrap" variable annuity contract to consider for their retirement plans from American United Life Insurance Company (AUL).
Products |

State Farm 529 Plan Announced

May 29, 2003 (PLANSPONSOR.com) - AIM Investments has unveiled The State Farm College Savings Plan - the latest entrant to the 529-plan market.
Investing |

MSCI Hedge Fund Index Up 1.94% in April

May 28, 2003 (PLANSPONSOR.com) - Reversing course from the negative returns seen in March, final numbers reveal the MSCI Hedge Fund Index returned to its winning ways in...
Benefits |

EEOC Files Suit Against Truck Company

May 28, 2003 (PLANSPONSOR.com) - The U.S. Equal Opportunity Commission (EEOC) has filed a lawsuit against a trucking company for allegedly denying female workers jobs and subjecting them...
Compliance |

Oral Promise Does Not Amend ERISA Plan

May 28, 2003 (PLANSPONSOR.com) - An oral promise of severance benefits is not allowed for an Employee Retirement Income Security Act (ERISA) governed plan, and therefore state law...