Latest News

Benefits |

GM Match Beefed Up Again

September 30, 2002 (PLANSPONSOR.com) - General Motors Corp. will increase the twice-slashed 401(k) match for nearly 45,000 US salaried employees, company officials said, according to news reports.
Deals and People |

State Street Names CFO

September 30, 2002 (PLANSPONSOR.com) - State Street Corporation has tapped Edward Resch as executive vice president and chief financial officer.
Benefits |

Coke Oversight Panel Issues Mixed Report

September 27, 2002 (PLANSPONSOR.com) - Coca-Cola has promoted women and minorities at a faster rate than white men, but a court-appointed task force still found that many minorities...
Benefits |

Chip Maker Offers Workers a New "Option"

September 27, 2002 (PLANSPONSOR.com) - Graphics chip maker Nvidia has unveiled a new options "swap" program that will let workers trade in worthless options for company stock.
Investing |

Money Market Funds Drop $38B in August

September 27, 2002 (PLANSPONSOR.com) - Money market mutual funds were the big losers in August with $38.3-billion outflow over the month-- a dramatic reversal from July's $54.5 billion...
Investing |

Jobless Claims Dip; Still Above 400,000

September 26, 2002 (PLANSPONSOR.com) - New claims for US jobless benefits fell for the second straight week, but still stubbornly remained above the much-watched 400,000 mark, the US...
Benefits |

Lipper, Barra Unwrap Fund Risk Assessment Tool

September 25, 2002 (PLANSPONSOR.com) - Plan investment advisors and plan sponsors trying to meet their fiduciary oversight duties might benefit from new mutual fund risk assessment software.
Investing |

web test

SURVEY SAYS: With (renewed) apologies to those of you who are weary of the Enron-centricity of the media's coverage of late, there appears to be an emerging sentiment...
Investing |

Mass Layoff Figures Continue Tumbling

September 25, 2002 (PLANSPONSOR.com) - Mass layoffs continued to cool in August, dropping in number by 38.9% from July and by 47.8% in terms of workers involved.
Benefits |

Principal Offers Health Management Tools

September 25, 2002 (PLANSPONSOR.com) - Principal Financial Group clients with self-funded health plans might benefit from a new Care Enhancement Program from American Healthways.
Investing |

Fed Steady – But Not Unanimous

September 24, 2002 (PLANSPONSOR.com) - As expected, the Federal Reserve left short-term interest rates unchanged, although the vote was not unanimous.
Investing |

Junk Bonds Living Up to Their Name

September 24, 2002 (PLANSPONSOR.com) - Moody's Investors Service said junk bond defaults set a record in 2002 with the default rate even worse than earlier predicted.