Long-term Care Offered at Discount through Xylo

August 3, 2001 ( - Plan sponsor clients of Xylo Inc, can now offer their participants long-term care policies at discounted rates, thanks to a new partnership between CNA LTC, a division of CNA insurance, and Xylo.

BONY Acquires NatWest Custody Business

May 3, 2001 ( - The Bank of New York has signed a definitive agreement to acquire the institutional custody and administration business of NatWest Bank, a unit of the Royal Bank of Scotland.

Fidelity Expands e401k Plan

May 15, 2000 ( - Fidelity announced Monday that its e401k can now accomodate conversions of existing plans from other recordkeepers, as well as a number of other product enhancements.

Principal Rolling Out One Stop Online "Shop" for Small 401(k)s

May 15, 2000 ( - Plan sponsors now can go all the way from plan design to plan adoption to funding without ever sitting through a sales presentation. The Principal Financial Group Monday announced a completely Internet-based bundled 401(k) product for employers with up to 100 employees.

BONY Launches New Online FX Capabilities

April 3, 2001 ( - Treasurers and institutional investors can now tap into a new real-time business-to-business FX trade execution service from the Bank of New York.

GoldK Entering 403(b) Market

January 3, 2001 ( - Internet recordkeeper GoldK has announced plans to enter the 403(b) service market in the second quarter of 2001.

National City Picks Financial Engines

January 3, 2001 ( - Plan sponsor clients of National City's PlanWorks retirement program will be able to tap into Financial Engines online advice products.

MassMutual Offers Sponsors One-Stop Shop

December 14, 2000 ( - MassMutual Retirement Services has introduced its Total Retirement Center, a redesigned web site providing plan sponsors with comprehensive online access to their defined contribution, defined benefit or cash balance retirement plans in a single location.

New York Life's Online Plan Summary Puts It Together

December 14, 2000 ( - New York Life Benefit Services has introduced its Combined Plan Summary, an online statement that allows participants to access information about their defined contribution, defined benefit and IRA rollover portfolios over the Internet.

MassMutual Forms Hedge Alliance

November 14, 2000 ( - MassMutual has formed an alliance with Hennessee Group LLC to select and monitor hedge fund managers for MassMutual offerings, including their Concert Investment Program.

Dain Rauscher Wessels Remodels Web Presence

October 2, 2001 ( - With the aim of better meeting the needs of institutional investors and corporate management teams, Dain Rauscher Wessels has redesigned its Web site.

Goldk Acquires Paradigm Financial

October 2, 2001 ( - Retirement plan provider GoldK acquired Paradigm Financial Corp, a third-party administrator and retirement-consulting firm that specializes in the administration of 401(k), profit-sharing, and money-purchase plans.

Waddell & Reed Launches 529 Plan

October 2, 2001 ( - Waddell & Reed, Inc launched its version of the 529 college savings plan, the Waddell & Reed InvestEd Plan, a tax-deferred method of saving for post-secondary education.

Manulife Offers Participants 401(k) Statement Downloads

August 2, 2001 ( - Manulife Financial has unveiled new online tools that will allow retirement plan participants to download transaction information from their 401(k) account into into personal finance software files.