Latest News

Benefits |

Bank of America Outsources HR

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...
Investing |

American Funds Find Home In European Stocks

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...
Benefits |

MSAs Going, Going, Gone?

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...
Benefits |

Employer, Employee Benefit Focus at Odds

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...
Benefits |

US Companies Hike Training Budgets

November 20, 2000 (PLANSPONSOR.com) - US companies spent $54 billion on formal training this year, with nearly two-thirds (64%) dedicated to the salaries of in-house trainers, according to...
Deals and People |

SHRM Names Drinan President/CEO

November 17, 2000 (PLANSPONSOR.com) - The Society for Human Resource Management (SHRM) has named Helen G. Drinan, SPHR, as its incoming President and Chief Executive Officer. She will...
Investing |

Web Access Boosts 401(k) Trading

November 16, 2000 (PLANSPONSOR.com) - Plans that provide Internet access to participants may experience a dramatic increase in trading volumes - in some cases more than doubling the...
Benefits |

Lines Between Home, Work Blur

November 16, 2000 (PLANSPONSOR.com) - Employees are increasingly "giving" at the office - and then some, according to a new report. Forty percent put in overtime or take...
Benefits |

State Employee Health Plan Premiums Rise

November 16, 2000 (PLANSPONSOR.com) - Average monthly premiums for state employee HMO's rose 9.3% last year, compared with just 4.7% for point of service (POS) plans, according to...
Investing |

October's Tumult Tips Hedge Funds

November 15, 2000 (PLANSPONSOR.com) - October was a rocky month for the markets, and hedge funds were not spared the turmoil, according to the CSFB/Tremont Hedge Fund Index,...