Latest News

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CIGNA Adds New Funds

February 5, 2001 (PLANSPONSOR.com) - Six new institutional investment funds have been added to the CIGNA Charter Funds Family, the company announced Monday.
Investing |

Global Markets Rebound in April

May 1, 2001 (PLANSPONSOR.com) - Global markets rebounded in April following the surprise interest rate cut by the US Federal Reserve, with gains recorded on most exchanges.
Investing |

Investors Flee US Equity Funds in March

May 1, 2001 (PLANSPONSOR.com) - US stock mutual funds suffered their largest monthly net cash outflow ever in March, more than $20 billion, according to the Investment Company...
Investing |

VC Investments Continue Slump

April 30, 2001 (PLANSPONSOR.com) - Venture capital seems likely to continue its funding slump this year, according to a new survey.
Investing |

ETFs Bounce Back from Slump in March

April 27, 2001 (PLANSPONSOR.com) - The combined assets of the nation's exchange-traded funds (ETFs) rose 2.6% in March to $66.03 billion at month-end, up from a revised $64.34...
Deals and People |

Frontrunner for SEC Chairman Emerges

April 27, 2001 (PLANSPONSOR.com) - Securities lawyer Harvey Pitt, a former general counsel at the Securities and Exchange Commission (SEC), has emerged as the Bush administration's favorite for...
Investing |

Outsize Bond Fund Outsells All

April 27, 2001 (PLANSPONSOR.com) - The first quarter's volatile markets saw the country's largest fixed income fund outsell all US equity funds for the third consecutive month.
Investing |

Unemployment Claims at Record High

April 26, 2001 (PLANSPONSOR.com) - Initial claims for unemployment insurance increased by 4.6% from the previous week's total of 390,000 to a new five-year record of 408,000.
Benefits |

Health Plans Top Benefit Costs

April 26, 2001 (PLANSPONSOR.com) - Health insurance was found to be the highest employee benefit cost in 1999, averaging $2,777 per employee.
Benefits |

CalPERS To Launch Retirement Planning Month

April 26, 2001 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) has launched an outreach campaign targeting public employees throughout the state, designating May as Retirement Planning...