Latest News

December 7, 2000 (PLANSPONSOR.com) - State Street has agreed to buy a majority interest (75%) in money manager Bel Air Investment for $217 million in cash and stock.

July 12, 2000 (PLANSPONSOR.com) - A quick overview of new product and service developments:

December 6, 2000 (PLANSPONSOR.com) - The wait for new employees to join a 401(k) plan is shrinking, with over half (52%) of surveyed plans offering eligibility in 3...

December 6, 2000 (PLANSPONSOR.com) - Employee turnover not only hits the bottom line - a new study confirms that it can impact customer satisfaction as well, and plan...

June 12, 2000 (PLANSPONSOR.com) - In a unanimous decision Monday, the Supreme Court ruled that employee benefit plans can sue parties in interest, even if they are not...

June 12, 2000 (PLANSPONSOR.com) - Expanding the universe of participants who can access online investment advice, Financial Engines Monday announced that it has expanded its online advice service...

December 5, 2000 (PLANSPONSOR.com) - Unocal has approved an "enhanced severance program" to help the company retain and continue to attract employees in a competitive hiring environment -...

December 5, 2000 (PLANSPONSOR.com) - Bank of America has opted to outsource many of its human resource functions for its 150,000 employees - and expects to realize a...

May 12, 2000 (PLANSPONSOR.com) - CalPERS, the nation's largest pension system, is continuing the trend toward more alternative investments by considering to transfer about $7 billion of its...

December 5, 2000 (PLANSPONSOR.com) - US institutional investor assets have nearly tripled over the past decade to $18.6 trillion, and control nearly half (49.6%) of the US equity...

April 12, 2000 (PLANSPONSOR.com) - Showing its muscle as institutional investor, CalPERS is withholding its 1% proxy voting block of 9.6 million shares from re-electing Bank of America's...

December 2, 2000 (PLANSPONSOR.com) - Americans - including pension funds and institutional investors - invested more money in European stocks last quarter than any other in the past...

December 1, 2000 (PLANSPONSOR.com) - A group of investment firms have agreed to acquire from Datek most of its online broker, Datek Online, and its alternative stock-trading platform,...

December 1, 2000 (PLANSPONSOR.com) - Nearly a quarter of large employers (22%) surveyed offer domestic partner benefits, more than twice as many as the 10% in 1997, according...

December 1, 2000 (PLANSPONSOR.com) - Unless Congress intervenes, the medical savings account (MSA) program is scheduled to expire on December 31, leaving self-employed and smaller employers without a...

November 30, 2000 (PLANSPONSOR.com) - Nearly 2/3 of women expect to work in retirement - and 4% never expect to retire, according to the 2000 Women's Retirement Confidence...

November 29, 2000 (PLANSPONSOR.com) - Employers and employees have different benefit priorities - with employees overwhelmingly concerned about retirement issues and employers focused on health care costs, according...

November 29, 2000 (PLANSPONSOR.com) - Round-the-clock childcare will be available to more than 300,000 employees of Ford and Visteon Corporation in 15 states beginning next year.

November 29, 2000 (PLANSPONSOR.com) - Equity mutual fund assets slipped 2.5% in October, despite a net cash inflow of $19.07 billion as volatile markets took their toll.

November 21, 2000 (PLANSPONSOR.com) - The world's first bond exchange traded funds (ETFs) will begin trading on Thursday on the Toronto Stock Exchange.