Abbey National Opens in the US
September 25, 2001 (PLANSPONSOR.com) - Abbey National Treasury Services (ANTS) will open a branch in the US, focusing on debt securities and the international money markets.
Administration
FASB Speeds Up Option Disclosure Effective Date
September 13, 2002 (PLANSPONSOR.com) - The Financial Accounting Standards Board (FASB) has tentatively decided to move up the effective date of proposed new rules, which require companies to...
State Street Sells Corporate Trust to US Bancorp
August 13, 2002 (PLANSPONSOR.com) - US Bancorp's US Bank has agreed to pay State Street up to $725 million for its corporate trust business.
Lincoln Buys RK Firm
August 13, 2002 (PLANSPONSOR.com) - Lincoln Financial Group will acquire The Administrative Management Group, Inc., an employee benefits recordkeeping firm.
Ford Says Pension Gap Shouldn't Require New Funds
August 13, 2002 (PLANSPONSOR.com) - Ford officials say they won't have funnel cash into their pension plan through 2006, if certain conditions hold constant.
Financial Services Group Signs Up For Option Expensing
August 13, 2002 (PLANSPONSOR.com) - A group of banks and other financial services firms have collectively pledged to report stock options as expenses on their corporate balance sheets.
American Express Gets Dynamic Ideas to Enhance Fund Management
August 13, 2002 (PLANSPONSOR.com) - American Express has once again dipped into the Boston-area pool of investment talent to beef up its product lineup.
NY Replaces TIAA-CREF As 529 Manager
August 1, 2003 (PLANSPONSOR.com) - TIAA-CREF is out as the manager of New York State's 529 College Savings program.
CFOs Have Forgotten About Lunch
August 1, 2003 (PLANSPONSOR.com) - The way to a Chief Financial Officer's (CFO) heart may no longer be through his or her stomach, since taking a lunch has...
Survey: K Plan Participation Decline Calls for Back to Basics Ed.
August 1, 2003 (PLANSPONSOR.com) - Trends in the US 401(k) market of drooping participation and deferral rates represent a chance for plan sponsors to get back to basics...
Big Apple Takes Lead in WorldCom Suits
August 13, 2002 (PLANSPONSOR.com) - A federal judge has tapped the $112 billion New York State Common Retirement Fund as lead plaintiff in a group of suits against...
Oregon PERS to Seek Pension Reform Legal Advice
July 1, 2003 (PLANSPONSOR.com) - The board of the Oregon Public Employees Retirement System (PERS) is ready to comply with a court order to implement pension reform -...
Indiana Pension Pays Out $170,000 To Deceased Participants
July 1, 2003 (PLANSPONSOR.com) - They say you can't take it with you when you die, but that rule apparently does not apply to the $170,000 worth of...
Study: Tax Cuts Could Pay Dividends To Investor Portfolios
July 1, 2003 (PLANSPONSOR.com) - The recently approved dividend and capital gains tax cuts could have an immediate impact on domestic equity performance, especially in large-cap value stocks.
Derivatives: Filling the Automation Gaps
July 25, 2001 (PLANSPONSOR.com) - While derivatives processing has made remarkable strides in automation, gaps remain that could increase costs or delay processing for institutional investors.
Sign of DB Life in 5500 Data
June 13, 2002 (PLANSPONSOR.com) - Newly published 5500 data reveals that 401(k) plans continue to dominate the retirement plan landscape - but there are some reassuring signs of...
Fidelity Studies Exec. Comp Issue
June 13, 2002 (PLANSPONSOR.com) - Trustees of Fidelity Investments' mutual funds have asked the giant fund company's legal department to study how they can best pressure corporate directors...
Philippines Back on CalPERS List
May 13, 2002 (PLANSPONSOR.com) - The California Public Employees Retirement System (CalPERS) will reallocate funds to investments in the Philippines, reversing a February decision to exit the market.
British Airways Shifts to DC Pension Plan
May 13, 2002 (PLANSPONSOR.com) - New British Airways employees will be offered a defined contribution plan instead of the air carrier's traditional defined benefit final salary program, starting...
KeyCorp Picks up Loan Business
May 13, 2002 (PLANSPONSOR.com) - KeyCorp. said it has agreed to acquire nearly all of the mortgage loan and real estate business of Conning Asset Management including its...