Latest News

Compliance |

House Committees Seek Enron Answers

December 12, 2001 (PLANSPONSOR.com) - The House Committee on Financial Services says it will proceed with public hearings today ? although Enron and the chairman of the SEC...
Products |

Fidelity Unveils Workplace 529 Plan

December 12, 2001(PLANSPONSOR.com) - Fidelity Investment's Workplace 529 College Investing Program was launched today allowing American workers to save for college through their employers' direct deposit programs.
Compliance |

IRS Publishes 2002 Plan Limits

December 12, 2001 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has released the official retirement plan limitations for tax year 2002, including the impact of the Economic Growth...
Compliance |

Co-Worker Risk Trumps Diabetic ADA Claim

December 12, 2001 (PLANSPONSOR.com) - A diabetic chlorine operator is not entitled to special workplace protection under the Americans with Disabilities Act because his fellow workers could be...
Administration |

Retirement Funds Take On Enron

December 12, 2001 (PLANSPONSOR.com) - The lengthy list of Enron suits continued to expand yesterday, as the $96 billion Florida Retirement System said it would file a class-action...
Deals and People |

CalSTRS Taps Ehnes as CEO

December 11, 2001 (PLANSPONSOR.com) - Jack Ehnes, 50, has been selected as the new Chief Executive Officer of the California State Teachers' Retirement System (CalSTRS), the nation's third...
Administration |

Portfolio Manager Pay Down 30%

November 12, 2001(PLANSPONSOR.com) -In 2001 investment managers, operating in a market which has lost 20% of its value this year, will see a 30% contraction in pay compared...
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...