Latest News

Compliance |

State Street Gets Nod for Enron Plans

March 14, 2002 (PLANSPONSOR.com) - US Department of Labor (DoL) Secretary Elaine Chao has officially tapped State Street Bank and Trust to take over Enron's three retirement plans.
Compliance |

House Delays Enron Bill Markup

March 14, 2002 (PLANSPONSOR.com) - Concerned about burdening plan sponsors with having to report on their pension plan activities to two federal agencies, House Republican leaders delayed a...
Compliance |

Gephardt Weighs in with Pension Proposal

February 14, 2002 (PLANSPONSOR.com) - House Democratic Leader Richard Gephardt of Missouri has proposed creating a national pension system that helps young people start saving with "seed money"...
Products |

American Express Unveils Two Funds

February 14, 2002 (PLANSPONSOR.com) - Some retirement plan participants, whose employers are American Express clients, will have a wider array of investment choices following the launch of two...
Administration |

Sponsors Cash in on EGTRRA with ESOPS

February 14, 2002 (PLANSPONSOR.com) -A number of companies that don't have employee stock ownership plans, (ESOPs) but offer company stock in their 401(k) plans are creating ESOPs within...
Administration |

PBGC To Pick Up LTV Pensions

February 14, 2002 (PLANSPONSOR.com) -LTV says it believes the federal government will take over the Cleveland, Ohio-based steelmaker's pension plans at the end of March.
Products |

Adhesion Partners With ProAct

January 14, 2002 (PLANSPONSOR.com) - HR software provider Adhesion Technologies will provide account aggregation services to ProAct's clients under an agreement announced by the companies.
Compliance |

PWBA Fills in the Blanks on SPD Requests

January 14, 2002 (PLANSPONSOR.com) - Plan sponsors have new guidance on responding to requests from the Department of Labor for summary plan descriptions (SPDs) and other documents on...
Compliance |

NCFC Subsidiaries Accused of "Cooking" The Books

January 2, 2003 (PLANSPONSOR.com) - National Commerce Financial Corp. (NCFC) and two of its subsidiaries have been accused of overcharging 2,300 participants in Corky's Bar-B-Que's employee benefits plans...