Latest News

Investing |

Hedge Fund Numbers On The Decline

November 11, 2002 (PLANSPONSOR.com) - As many 500 to 750 hedge funds may be forced to close by the end of 2003, according a Wall Street Journal Report.
Benefits |

AIM Announces Layoffs

November 11, 2002 (PLANSPONSOR.com) - AIM Management Group announced plans to lay off 248 workers, or about 10% of its staff, according to a company press release.
Products |

Having it Educators' Way On the Web

October 11, 2002 (PLANSPONSOR.com) - Educators in a retirement plan using Benefits Corp.'s retirement planning service can now have it their way on the Internet.
Compliance |

Pitt Says Accounting Rules Need A Fresh Look

October 23, 2001 (PLANSPONSOR.com) - Securities and Exchange Commission (SEC) chairman Harvey Pitt wants to modernize accounting rules and move away from quarterly reports to real-time release of...
Products |

Hartford Life Rolls A Out New "K" Product

October 23, 2001 (PLANSPONSOR.com) - Hartford Life has launched Hartford401kCornerstone, a multi-manager 401(k) group annuity product offered in conjunction with brokerage firm Edward Jones.
Compliance |

Wells Fargo Settles ESOP Suit

October 11, 2002 (PLANSPONSOR.com) - Wells Fargo Bank has agreed to develop new procedures for fairly and accurately valuing non-publicly traded company stock purchased by employee stock ownership...
Compliance |

IRS Offers Some More Help On Catch-Ups

October 23, 2001 (PLANSPONSOR.com) ? The Internal Revenue Service (IRS) has issued proposed regulations designed to assist plan sponsors with the implementation of the new ?catch-up? contributions.
Administration |

IRS Suspends COLI Settlement Program

October 11, 2002 (PLANSPONSOR.com) - After winning three court battles in cases involving corporate owned life insurance (COLI) cases, the Internal Revenue Service (IRS) has backed away from...