Latest News

Investing |

Cash Floods Hedge Fund Coffers

August 20, 2002 (PLANSPONSOR.com) - As investors pulled money out of mutual funds in the second quarter, they poured a net $4.57 billion in assets into hedge funds,...
Benefits |

Pensions Loom in Boeing Labor Talks

August 19, 2002 (PLANSPONSOR.com) - Boeing Company and the machinists' union that represents 25,000 of its workers have brought in a federal mediator after labor talks bogged down...
Benefits |

Board Pay Packages Soar

August 19, 2002 (PLANSPONSOR.com) - Board member actions - and inactions - have been coming under increased scrutiny of late - while compensation for their actions has continued...
Benefits |

CSC to Workers: See You in Nine Months

August 16, 2002 (PLANSPONSOR.com) - In a telling sign of the times, Computer Sciences Corporation (CSC) has asked the firm's 66,000 employees to take some time off -...
Investing |

Hedge Funds Keep Falling in July

August 16, 2002 (PLANSPONSOR.com) - Hedge funds' July performance was in the minus column, but it continued to outdistance the performance record of major US equity indexes, according...
Investing |

Hedge Funds Slip Again

August 15, 2002 (PLANSPONSOR.com) - The CSFB/Tremont Hedge Fund Index fell by 1.35% in July 2002 , following up on June's 0.84% decline.
Investing |

Jobless Claims Show Modest Uptick

August 15, 2002 (PLANSPONSOR.com) - First-time jobless benefits claims rose by a modest 6,000 last week, but people are still having trouble getting off the unemployment line.
Benefits |

Mass Layoffs on the Mend in Q2

August 14, 2002 (PLANSPONSOR.com) - While there were 1,754 mass layoffs covering 392,338 people during the second quarter of 2002, the figures represent a continued improvement from the...
Benefits |

IBM Cuts Official – But Well Underway

August 14, 2002 (PLANSPONSOR.com) - After months of rumors and media speculation, International Business Machines (IBM) says it is cutting more than 15,600 jobs in its computer-services and...
Administration |

SEC Fees Bill Sails through Senate

December 20, 2001 (PLANSPONSOR.com) - The Senate has approved legislation to cut stock-trading fees, saving investors some $14 billion in securities transaction fees over the next decade.
Administration |

Russell Mellon Analytical Dons New CAPS

December 20, 2001 (PLANSPONSOR.com) - Russell/Mellon Analytical Services purchased UK-based Combined Actuarial Performance Services, Ltd. (CAPS), an investment services organization that will be combined with Russell/Mellon's European operations.
Administration |

Comp Falls for External Board Directors

December 20, 2001 (PLANSPONSOR.com) - Median total compensation for outside directors of boards decreased this year from 2000 figures, chiefly due to stock market weakness, since many outside...