Tag: Litigation

Plan Sponsors Are Aware of Mutual Fund Scandal

January 20, 2004 (PLANSPSONSOR.com) - Two-thirds (66%) of defined contribution plan sponsors are knowledgeable about the current mutual fund scandal and 59% are extremely or very concerned about the scandal itself.

Retirement Plan Changes on Tap at Strong

January 2, 2004 (PLANSPONSOR.com) - Strong is starting 2004 by eliminating its pension plan contribution and suspending its matching contribution to employees' 401(k) retirement savings plans.

Sponsors, Providers Show Concern Over Trading Deadlines

December 4, 2003 (PLANSPONSOR.com) - More than eight out of 10 (82%) plan sponsors believe plan participants will be adversely affected if mutual funds are forced to accept a "hard and fast" 4 p.m. deadline of daily trade orders.

Enron Employee Group Demands Bonus Returns

July 23, 2003 (PLANSPONSOR.com) - In the final hours before Enron Corp. filed for bankruptcy protection, the company awarded executives and others in the company $72 million in bonuses.