Latest News

Administration |

Allstate Goes into Banking

May 4, 2001 (PLANSPONSOR.com) - Insurance giant Allstate Corp is going into the banking business with plans to launch Allstate Bank nationwide.
Investing |

Unemployment Insurance Claims Rise

April 5, 2001 (PLANSPONSOR.com) - In the week ending March 31, the number of claims for first-time unemployment insurance benefits increased to the highest level in two years.
Products |

Merrill Retires Tech Fund

May 4, 2001 (PLANSPONSOR.com) - Merrill Lynch is closing its Internet Strategies Fund barely a year after launching it at NASDAQ's March 2000 peak.
Compliance |

Fed Pension Law Suit Advances

April 4, 2001 (PLANSPONSOR.com) - A federal judge has allowed a group of past and present employees of the Federal Reserve to continue with a lawsuit against their...
Investing |

US Equity Funds Plummet in Q1

April 4, 2001 (PLANSPONSOR.com) - US stock funds suffered their worst quarter in more than two years, according to final data from fund tracker Lipper.
Administration |

Proxy Advisor Softens Accounting Stance

April 4, 2001 (PLANSPONSOR.com) - Proxy advisory firm Proxy Monitor has softened its position against shareholder ratification of auditors who bill "disproportionate" fees for non-audit work to companies...
Products |

NYLBS Expands DB Platform

April 4, 2001 (PLANSPONSOR.com) - New York Life Benefit Services expands its DB Complete Client Access to simplify program management for defined benefit plan sponsors.
Compliance |

Congress To Consider "Fair Care"

April 4, 2001 (PLANSPONSOR.com) - Bills have been introduced in the House and Senate that would provide tax credits to help uninsured Americans obtain health insurance.
Compliance |

RICO Claims in NYLife Case Dismissed

April 4, 2001 (PLANSPONSOR.com) - The US District Court in Philadelphia dismissed significant portions of a lawsuit against New York Life that challenged the investment of employee and...
Benefits |

Kids Bring Unexpected Benefits

April 4, 2001 (PLANSPONSOR.com) - Research conducted by the Employment Policy Foundation (EPF) found no indication of discrimination against employees with children.
Investing |

Global Markets Fall Further in March

April 2, 2000 (PLANSPONSOR.COM) - Global stock markets retreated again in March, dampened by earnings disappointments and concerns surrounding the breadth of a global slowdown.
Investing |

Q1 Corporate Bond Issuance Sets Record

April 2, 2001 (PLANSPONSOR.com) - Treasury departments at American corporations have been busy, issuing a record $202 billion in investment-grade bonds in the first quarter, up from $112...
Products |

Barclays To Offer Fixed Income ETFs

January 4, 2001 (PLANSPONSOR.com) - Barclays Global Fund Advisors is planning to rollout five fixed income exchange traded funds, or ETFs, according to SEC filings.