Latest News

Benefits |

Texas HMOs Make Money, But Lose Ground

December 9, 2002 (PLANSPONSOR.com) - Rising costs and reduced availability have continued to erode health maintenance organization (HMO) enrollment in the Lone Star State.
Administration |

SEC Wrapping Up Hedge Fund Probe

September 12, 2002 (PLANSPONSOR.com) - US Securities and Exchange Commission (SEC) investigators are moving full speed ahead in their probe of hedge fund fraud, the spread of hedge...
Benefits |

Pay Raises Modest For Third Straight Year

December 9, 2002 (PLANSPONSOR.com) - Forty-eight percent of employers are concerned that modest pay increases may be contributing to lowered employee morale, according to a survey by Deloitte...
Administration |

Deutsche Bank Custody Deal 'Imminent

September 12, 2002 (PLANSPONSOR.com) - Sources quoted by Reuters predict an "imminent" announcement about the sale of Deutsche Bank AG's securities custody business. The sources predicted the business...
Administration |

Mellon Adds Separate Account Biz

September 12, 2002 (PLANSPONSOR.com) - Mellon Financial has signed a definitive agreement to acquire Ashland Management's separate accounts division, with some $590 million in separate account assets.
Compliance |

Pa. Appeals Court Mulls Hershey Ruling

September 12, 2002 (PLANSPONSOR.com) - The controversial sale of Hershey Foods is temporarily on hold while a Pennsylvania appeals court mulls over legal issues raised by both sides.
Deals and People |

Snow Named Treasury Secretary

December 9, 2002 (PLANSPONSOR.com) - President Bush has named John Snow his new Secretary of the Treasury and is expected to name Stephen Friedman to the White House...
Compliance |

PBGC Picks Up Polaroid's Pension Plan

September 12, 2002 (PLANSPONSOR.com) - As expected, with its bankruptcy buyer unwilling to shoulder the obligations of its pension fund, Polaroid retirees now find themselves under the protection...
Compliance |

Retiree COLA Elimination UpHeld

August 12, 2002 (PLANSPONSOR.com) - A federal appeals court ruled that pension trustees were not out of bounds when they cut out cost of living adjustments for certain...
Compliance |

HHS Finalizes Medical Privacy Rules

August 12, 2002 (PLANSPONSOR.com) - The first-ever federal protections for patient privacy will give patients some additional protections, but critics say they don't go far enough.