Latest News

Investing |

April Unemployment Spikes

May 3, 2002 (PLANSPONSOR.com) - A modest uptick in payrolls was not enough to accommodate the hoards of workers entering the labor force in April, sending the unemployment...
Investing |

2001 UK Fund Performance Bleak

May 3, 2002 (PLANSPONSOR.com) - A new study of UK mutual fund performance shows how badly they were hammered during 2001, with only one out of 1,000 funds...
Products |

American Express Gets on the Line

March 5, 2002 (PLANSPONSOR.com) - American Express Financial Advisors Inc. launched two toll-free telephone service phone lines, to streamline the rollover process for job changers and retirees.
Administration |

Fidelity Trio Lured to Amex

February 5, 2002 (PLANSPONSOR.com) - Not only is American Express' hiring money managers from Fidelity Investments, it's also setting up shop in the mutual fund giant's Boston backyard.
Investing |

Economy Bleeds Jobs in April

May 2, 2002 (PLANSPONSOR.com) - The bloodletting on the job front, particularly in the troubled telecommunications industry, continued in April, as US companies announced plans to axe 112,649...
Investing |

World Markets Languish in April

May 5, 2002 (PLANSPONSOR.com) - Conflicting US economic data, showing encouraging GDP growth but disappointing consumer confidence and durable goods orders, confounded investors in April and sent the...
Investing |

April Cruelest Month for Stock Funds

May 2, 2002 (PLANSPONSOR.com) - April disappointed investors, despite promises of a rebound made by a slew of positive economic data, as the average diversified US stock mutual...
Investing |

Jobless Claims Dip

May 2, 2002 (PLANSPONSOR.com) - The Department of Labor (DoL)'s latest unemployment insurance weekly claims report showed initial claims dipping slightly, though still remaining above the key 400,000...
Compliance |

NC Workers' Group Fights Budget Cuts

February 5, 2002 (PLANSPONSOR.com) - A North Carolina state workers' group is continuing its battle against state officials cutting money from current and former employees to make up...
Products |

NYLB Teams With Morningstar for Advice

February 5, 2002 (PLANSPONSOR.com) - New York Life Benefit Services (NYLB) will offer its client plan sponsors and their participants online education and advice via Morningstar ClearFuture.
Administration |

Few Diversifying From Company Stock

February 5, 2002 (PLANSPONSOR.com) - Almost three-quarters of investors, who have worked for a public company, say they've been given stock options or other stock compensation.
Products |

Principal Launches New Retirement Plan Offering

January 17, 2001 (PLANSPONSOR.com) - The Principal Financial Group has launched its Principal Advantage program, including Principal Investors Fund, a series mutual fund comprised of 35 investment portfolios...
Benefits |

Firms Rethinking Stock Compensation

May 1, 2002 (PLANSPONSOR.com) - A growing number of large US employers are rethinking their use of stock in compensation programs, according to a new survey.
Benefits |

Multi-Employer Plans Well Funded

May 1, 2002 (PLANSPONSOR.com) - Some 83% of the multi-employer defined benefit plans polled in a recent study were fully funded in 2001 - up from 79% the...
Benefits |

CalPERS to Monitor Chronic Disease Care

May 1, 2002 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) is demanding proof from its health insurers that they're doing everything they can to keep people...
Benefits |

Hiring Gets Hairy

May 1, 2002 (PLANSPONSOR.com) - A typical hiring manager's nightmare job candidate would be dressed in "non-traditional attire", sport pointed purple hair, and have nose rings and lip...