Latest News

Investing |

Use of Benchmarks Explodes in UK

March 20, 2002 (PLANSPONSOR.com) - The trend of UK pension administrators adopting fund specific benchmarks to measure performance, ballooned during the 1990s to nearly 70% by 2001, according...
Investing |

Q1 Mutual Fund Inflow Hits $60B

March 20, 2002 (PLANSPONSOR.com) - More than $60 billion poured into equity mutual funds during the first quarter of 2002, the largest such figure since the second quarter...
Benefits |

GM Hit with Discrimination Claim

March 20, 2002 (PLANSPONSOR.com) - Minority workers have filed a $7.4 billion lawsuit against General Motors Corp. (GM), alleging they were racially and sexually harassed at two Michigan...
Investing |

Fed Moves to Neutral Bias

March 19, 2002 (PLANSPONSOR.com) - As expected, the Federal Open Market Committee left short-term interest rates unchanged amid signs that the US economy is slowly struggling out of...
Deals and People |

New Value Manager at Evergreen

March 19, 2002 (PLANSPONSOR.com) - The 1,600 institutional investors who have money in Evergreen Investments' value funds have a new portfolio manager directing their investments.
Deals and People |

CIGNA Forms New Retirement Board

March 19, 2002 (PLANSPONSOR.com)- CIGNA Retirement and Investment Services has formed the Participant Communications Board, an independent organization dedicated to teaching retirement readiness.
Investing |

S&P Creates Hedge Index

March 19, 2002 (PLANSPONSOR.com) - Standard & Poor's hopes to give more investors confidence to invest in hedge funds with the launch of a new hedge fund index.
Benefits |

Wal-Mart Wins Union Ban

March 18, 2002 (PLANSPONSOR.com) - Wal-Mart Stores Inc. has won a court injunction banning union organizers from its 3,200 US stores according to an Associated Press report.
Benefits |

Incentive Programs Pay Off

March 18, 2002 (PLANSPONSOR.com) - A corporate incentive program can be just what the doctor ordered to boost employee performance and attitude, and make it easier to hire...
Benefits |

Judge OKs $10.5 M Ford Settlement

March 15, 2002 (PLANSPONSOR.com) - The long-running legal battle over a controversial management review system at Ford Motor Co. ended as a Michigan judge approved a $10.5-million settlement...
Investing |

Employment Picture Brightens Up

March 14, 2002 (PLANSPONSOR.com) - The latest data release from the Department of Labor (DoL) shows a slow but steady recovery in the US labor market.
Investing |

Hedge Fund Performance Dips

March 14, 2002 (PLANSPONSOR.com) - Although the performance of hedge funds was generally lackluster over the month, the Average US Hedge Fund generally outpaced the market in February,...