Latest News

Benefits |

Bank One Cuts HR Staff

August 23, 2001 (PLANSPONSOR.com) - Bank One says it has fired at least 150 human resources workers, as the fifth-largest US bank cuts back on hiring and staffing.
Investing |

ETF Assets Dip in July

August 23, 2001(PLANSPONSOR.com) - Assets invested in exchange traded funds (ETFs) added up to $75.52 billion at the close of July 2001, a decrease of $40 million on...
Benefits |

Mass Layoffs Soar 50% in Q2

August 22, 2001(PLANSPONSOR.com) Lucent, Philips, Cap Gemini - mass layoffs have been adding up, reaching 1,911 in the second quarter of the year, according to preliminary data released...
Investing |

July UIT Deposits Continue Climb

August 22, 2001 (PLANSPONSOR.com) - Deposits to the nation's unit investment trusts rose to $7.24 billion in July, the second straight month-over-month increase and a significant improvement over...
Deals and People |

Sands Appointed Executive of Mellon GSS

August 21, 2001(PLANSPONSOR.com) - Trust and Custody service provider, Mellon Financial Corporation has promoted Vince Sands to the position of executive director of Mellon Global Securities Services (GSS),...
Investing |

Fed Cuts Rates by 25 Basis Points

August 21, 2001 (PLANSPONSOR.com) - In a bid to revive sluggish US economic growth, the Federal Reserve cut its key federal funds interest rate by a quarter of...
Benefits |

Headaches Hurt Productivity

August 20, 2001(PLANSPONSOR.com) - More than half the respondents in a survey of working women who suffer from migraines reported that their migraines affected their ability to function...
Investing |

Jobless Claims, CPI Dip

August 16, 2001 (PLANSPONSOR.com) - Initial unemployment claims dipped to 380,000 in the week ending August 11, falling by 8,000 from the previous week's 388,000 level, according to...
Benefits |

Three-Tier Systems Cut Prescription Costs

August 16, 2001 (PLANSPONSOR.com) ? In the face of rising prescription costs, many healthcare organizations are using three-tier systems as a way of containing costs, a new report...
Benefits |

College Grads Expect To Pay Dues

August 16, 2001 (PLANSPONSOR.com) - Almost half of today's college students expect to pay their dues and perform menial tasks at their first job, according to the latest...
Benefits |

Hits on Career Sites Are Surging

August 15, 2001 (PLANSPONSOR.com) - The number of users visiting career sites on the Internet increased by 32.2% in the last six months, according to Internet analysis and...