Latest News

Investing |

Fed Shaves Interest Rates by Quarter Point

December 11, 2001 (PLANSPONSOR.com) - The Federal Open Market Committee sliced another quarter percent off its federal funds rate target, to provide the economy with some much-needed stimulus
Administration |

Hedge Funds Lag Equity Rebound in October

November 12, 2001 (PLANSPONSOR.com) -Along with stocks, hedge funds finally snapped their three-month streak of losses in October, rising 1.27% on average, according to research and consulting firm...
Products |

ADP Launches New Payroll Solution

November 12, 2001(PLANSPONSOR.com) - ADP Employer Services has introduced iPayStatements, which gives employees online access to their payroll information.
Compliance |

2002 Estimated Plan Limits Released

November 12, 2001 (PLANSPONSOR.com) - Hewitt Associates has released its estimate for the Section 414(q) pay threshold for designating highly compensated employees -- several weeks before the official...
Administration |

Barclays Global Investors Revamps DC Biz

October 12, 2001 (PLANSPONSOR.com) - Barclays Global Investors is combining part of its US defined contribution business with its US Institutional Business channel, according to an internal memo...
Compliance |

High Court: Medicare Recipients Can Sue HMO

October 12, 2001 (PLANSPONSOR.com) - California Medicare recipients can sue their HMOs if they are wrongly denied necessary medical treatment, the US Supreme Court ruled as the justices...
Compliance |

Landmark Pension Suit Looms

October 12, 2001 (PLANSPONSOR.com) - Failing a last minute respite, the long anticipated lawsuit between one of the UK's largest pension funds and a leading fund manager could...
Products |

Merrill Outsources Small Plan Recordkeeping

October 24, 2000 (PLANSPONSOR.com) - Merrill Lynch will outsource the recordkeeping of its small-market defined contribution plans (those with less than $3 million in assets) to BISYS, effective...
Benefits |

Health Costs Still Headed North

December 10, 2001 (PLANSPONSOR.com) - Employee health-care costs have skyrocketed 11.2% in 2001 and employers can look forward to more of the same in coming years, a Mercer...
Compliance |

Washington Wal-Marters Sue For Overtime

September 12, 2001 (PLANSPONSOR.com) - When it rains, it pours, they say -- and the nation's largest employer finds itself presented with yet another employee-based lawsuit.