Latest News

Investing |

Mutual Fund Assets Shrink in May

June 28, 2002 (PLANSPONSOR.com) - In May the combined assets of the nation's mutual funds fell by $10.8 billion, settling at $6.9 trillion, according to figures from the...
Benefits |

Parade of Steel Plans to PBGC Continues

June 27, 2002 (PLANSPONSOR.com) - The parade of ailing steel industry pension plans in need of rescue continued wending its way across the Pension Benefit Guaranty Corporation's (PBGC)...
Investing |

Help-Wanted Advertising Slides

June 27, 2002 (PLANSPONSOR.com) - May job vacancy advertising, as measured by the Conference Board's Help-Wanted Index fell by 4% over the month as disappointing corporate profits put...
Investing |

RiskMetrics Lists Best, Worst Mutual Funds

June 27, 2002 (PLANSPONSOR.com) - Aiming to increase transparency in the mutual fund market, RiskMetrics Group launched "Best and Worst" Fund Evaluations, an evaluation of stock mutual funds.
Benefits |

Golf Good for Business

June 26, 2002 (PLANSPONSOR.com) - Being handy with a golf club is as important a tool for corporate success as an MBA, a new survey found.
Benefits |

DC Health Plans May Not Save Costs

June 26, 2002 (PLANSPONSOR. com) - Companies shouldn't expect defined contribution health plans to produce tremendous cost savings despite the continuing surge in the price of medical care,...
Investing |

Interest Rates Stay Put

June 26, 2002 (PLANSPONSOR.com) - Members of the Federal Open Market Committee (FOMC) voted unanimously to keep the federal funds rate unchanged at 1.75%, despite increases in economic...
Benefits |

HR Execs Describe Best Corporate Head

June 25, 2002 (PLANSPONSOR.com) - In the US, at least, a good leader has a good character, a top-notch performance record, is flexible and adaptable and has high...
Benefits |

Brits Tackle Exec Pay Issue

June 25, 2002 (PLANSPONSOR.com) - As part of an issue that virtually mirrors a continuing US corporate firestorm, the British government will soon require publicly traded companies to...
Benefits |

Gadgets Open the Door for "Homework"

June 24, 2002 (PLANSPONSOR.com) - The ability to stay connected to the office via electronic gadgetry has spurred nine out of ten Americans to take work home with...
Benefits |

K Plans Most Important Savings Tool

June 24, 2002 (PLANSPONSOR.com) - More than 60% of plan sponsors attending a recent Merrill Lynch Retirement Group conference listed the 401(k) defined contribution plan as the most...
Benefits |

Some Pay Hikes Drop Below 4%

June 24, 2002 (PLANSPONSOR.com) - For the first time in nine years, average salary increases in many key industries, including manufacturing, trade, and utilities, have dropped below 4%...
Benefits |

HMO to Impose Whopper Cost Hikes

June 21, 2002 (PLANSPONSOR.com) - Companies signing up with health maintenance organizations (HMOs) to provide employee health coverage will have to dig even deeper in 2003 with costs...
Benefits |

Actuaries Association Testifies Before House

June 21, 2002 (PLANSPONSOR.com) - The House Ways and Means Oversight Subcommittee heard testimony from the American Academy of Actuaries on the growth of defined contribution plans and...