Latest News

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).
Investing |

Jobless Claims Fall Ahead of Forecasts

January 9, 2003 (PLANSPONSOR.com) -The number of Americans seeking initial jobless benefits fell by 19,000 - more than expected - for the week ending January 4, according to...
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 |

PWBA Takes Pipefitters Trustees to Court

September 13, 2002 (PLANSPONSOR.com) - Federal officials have gone to court to force trustees of the Plumbers and Pipefitters National Pension Fund to reimburse millions of dollars in...
Products |

McCamish Enhances Non-Qualified Plan Portals

September 25, 2001(PLANSPONSOR.com) - McCamish Systems has enhanced its NQBenefits for participants and BPAOnline for administrators and plan sponsors, for the non-qualified benefit plan market.
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.