Latest News

Investing |

Jobless Claims Continue Post-Holiday Drop

January 16, 2003 (PLANSPONSOR.com) - Initial jobless benefits claims fell for the second straight week last week to their lowest level since November, according to the US Department...
Investing |

UIT Deposits Soar in December

January 16, 2003 (PLANSPONSOR.com) - Unit Investment Trusts saw deposits soaring to $847.6 million in December compared with November's $604 million, according to the Investment Company Institute (ICI).
Investing |

UIT Deposits Soar in December

January 16, 2003 (PLANSPONSOR.com) - Unit Investment Trusts saw deposits soaring to $847.6 million in December compared with November's $604 million, according to the Investment Company Institute (ICI).
Benefits |

Pension Plan Payout May Change With QDRO

January 15, 2003 (PLANSPONSOR.com) - A state court may amend a domestic relations order (DRO) so that a pension plan can provide survivor pension benefits to the plan...
Benefits |

Top Plans Buck Trends, Boost Participation

January 14, 2003 (PLANSPONSOR.com) - Despite a tough market, a soft economy, and an ensuing drop in overall participation rates, some employers have been able to generate -...
Benefits |

Conyers Enters National Steel Pension Fray

January 14, 2003 (PLANSPONSOR.com) - A well-known Democratic Congressman is stepping into the continuing battle over the level of pension benefits for 10,000 National Steel retirees and another...
Benefits |

PBMs Saving Government Money

January 14, 2003 (PLANSPONSOR.com) - Prescription Benefit Managers (PBM) produce savings of up to 47% for federal employees obtaining prescription medications in retail pharmacies, according to a Government...
Benefits |

Abbott Labs Freezes Salaries

January 14, 2003 (PLANSPONSOR.com) - Abbott Laboratories Inc has announced 34,000 workers salaries will be frozen, allowing the company to focus on the launch of its new rheumatoid...
Benefits |

Worker Health Screenings A Big Workplace Hit

January 14, 2003 (PLANSPONSOR.com) - Employee health screenings are among the best-attended wellness programs, according to a survey conducted by the Wellness Program Management Advisor and Wellness Junction...
Benefits |

9 States and DC Team Up to Assume PBM duties

January 14, 2003 (PLANSPONSOR.com) - Nine states and the District of Columbia are joining forces, forming a nonprofit group to combat the escalating costs of prescription benefit managers...
Investing |

Long-term Private Equity Down in Q3

January 14, 2003 (PLANSPONSOR.com) - Long-term returns in private-equity funds have begun to show some weakness in recent months, in what could be another gloomy sign of things...
Investing |

Long-term Private Equity Down in Q3

January 14, 2003 (PLANSPONSOR.com) - Long-term returns in private-equity funds have begun to show some weakness in recent months, in what could be another gloomy sign of things...