Latest News

Benefits |

Hooters Brawl Lands Guard $860,000

January 9, 2003 (PLANSPONSOR.com) - A security guard injured after being head-butted at a Hooters corporate Christmas party was awarded over $860,000 by a San Diego jury, according...
Investing |

RiskMetrics Releases Q4 Fund Evaluations

January 9, 2003 (PLANSPONSOR.com) - The RiskMetrics Group has released its equity mutual fund stars and laggards based on the amount of return managers offer to investors for...
Benefits |

Merck, Medco Collusion Alleged

January 9, 2003 (PLANSPONSOR.com) - Court documents unsealed on Tuesday show Merck & Co may have used its subsidiary, pharmacy-benefits manager (PBM) Medco, to sharply increase the market...
Investing |

Hedge Funds Saw Small December Drop

January 9, 2003 (PLANSPONSOR.com) - The Average US Hedge Fund lost an estimated 0.3% in December, according to preliminary data from Van Hedge Fund Advisors International, Inc. (VAN).
Benefits |

Financial Services Compensation Mostly Higher

January 9, 2003 (PLANSPONSOR.com) - Financial services industry chief executive officers enjoyed a 16% cash compensation hike last year while chief financial officers got 5% more in their...
Administration |

Abbey National Opens in the US

September 25, 2001 (PLANSPONSOR.com) - Abbey National Treasury Services (ANTS) will open a branch in the US, focusing on debt securities and the international money markets.
Compliance |

Taxes Wipe Out Discrimination Award

August 13, 2002 (PLANSPONSOR.com) - A nearly $1.3-million sex discrimination award won by a Chicago-area police officer won't begin to be enough to cover her expenses associated with...
Compliance |

ESOP Investment in Company Stock OK

August 13, 2002 (PLANSPONSOR.com) - A federal judge turned away participants' claims that the administrator of en Employee Stock Option Plan (ESOP) breached his fiduciary duties by not...
Benefits |

Health Care Spending Up 8.7%

January 8, 2003 (PLANSPONSOR.com) - Spending on health care soared to $1.4 trillion dollars in 2001, according to a Reuters report.
Benefits |

Lucent Disconnects Death Benefits

January 8, 2003 (PLANSPONSOR.com) - As many as 31,000 Lucent Technology retirees will see their death benefits eliminated, as the struggling telecommunication company continues to cut costs, according...
Administration |

CFOs Have Forgotten About Lunch

August 1, 2003 (PLANSPONSOR.com) - The way to a Chief Financial Officer's (CFO) heart may no longer be through his or her stomach, since taking a lunch has...
Benefits |

GE: Health Plan Benefits Competitive

January 8, 2003 (PLANSPONSOR.com) - General Electric officials contend that the company's health benefits package holds up well in comparison to its competitors