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.
January 16, 2004 (PLANSPONSOR.com) - Independent directors at the Strong Mutual Funds have turned to a former KPMG partner to be the troubled company's chief compliance watchdog.
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.
December 5, 2003 (PLANSPONSOR.com) - A former Global Crossing Ltd. employee was convicted of using a Web site to threaten executives at the now bankrupt telecommunications company.
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.
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.