Latest News

Compliance |

Rite Aid Says Pension Claims Settled

May 13, 2002 (PLANSPONSOR.com) - Claims that Rite Aid Corp. mismanaged its pension plans, including a 401(k) plan with company stock as an investment option, appear closer to...
Administration |

Sprint Hit With 401(k) Plan Suit

May 1, 2003 (PLANSPONSOR.com) - A federal court lawsuit over retirement-plan losses charges that Sprint Corp. did not adequately protect participants from risky investments in its own company...
Administration |

Philippines Back on CalPERS List

May 13, 2002 (PLANSPONSOR.com) - The California Public Employees Retirement System (CalPERS) will reallocate funds to investments in the Philippines, reversing a February decision to exit the market.
Administration |

British Airways Shifts to DC Pension Plan

May 13, 2002 (PLANSPONSOR.com) - New British Airways employees will be offered a defined contribution plan instead of the air carrier's traditional defined benefit final salary program, starting...
Administration |

KeyCorp Picks up Loan Business

May 13, 2002 (PLANSPONSOR.com) - KeyCorp. said it has agreed to acquire nearly all of the mortgage loan and real estate business of Conning Asset Management including its...
Compliance |

Court Upheld Employer Required Medical Exam

April 25, 2001 (PLANSPONSOR.com) - An employer can require an independent medical exam (IME) for job-related purposes without establishing that the company "regards" the worker as disabled, according...
Products |

Plan Sponsor Web Needs Unfulfilled

April 25, 2001 (PLANSPONSOR.com) - Pension plan sponsors are looking for performance measurement and risk management information on the Web -but they appear to be looking in vain,...
Administration |

Finance Pros Embrace Web

April 25, 2001 (PLANSPONSOR.com) - Financial professionals are increasingly embracing the Web as a way of doing business, according to a new survey.
Administration |

GAO Report Calls Out PBGC Expenses

April 1, 2003 (PLANSPONSOR.com) - The General Accounting Office (GAO) says the Pension Benefit Guaranty Corp. (PBGC) is increasingly dipping into pension fund accounts to pay for administrative...