Latest News

Investing |

US Markets to Reopen Monday

September 13, 2001(PLANSPONSOR.com) - US markets will remain closed Friday for the fourth consecutive day, NYSE Chairman Richard Grasso announced at a press conference.
Investing |

NYMEX May Resume Off-Hours Trading

September 12, 2001 (PLANSPONSOR.com) - The New York Mercantile Exchange (NYMEX) is deciding whether to resume trading through its electronic ACCESS system following yesterday's attacks, according to a...
Benefits |

Performance Pay Increases in Canada

September 12, 2001 (PLANSPONSOR.com) - Canadian variable pay plans continue to grow in both number and design sophistication, according to the Watson Wyatt Worldwide's Annual Canadian Salary Survey.
Investing |

US and Canadian Markets Closed

September 12, 2001 (PLANSPONSOR.com) - The New York Stock Exchange, Nasdaq, and the American Stock Exchange will remain closed today in the wake of the disaster at the...
Administration |

Participants Use Plan Money for Buyout

November 9, 2001 (PLANSPONSOR.com) - Employees of Appleton Papers purchased all the stock of the paper products manufacturer from its European parent, Arjo Wiggins Appleton, using their 401(a)...
Administration |

MLIM's Galley Addresses Manager Removal

November 9, 2001 (PLANSPONSOR.com) - Carol Galley, COO of Merrill Lynch Investment Managers (MLIM), gave Unilever Superannuation Fund (USF) trustees a different reason for replacing Alistair Lennard, the...
Products |

Rice To Offer Engines Advice

November 21, 2000 (PLANSPONSOR.com) - Rice University's 2200 plan participants will get access to Financial Engines investment advice, the first university in America to offer the benefit to...
Products |

Securian Selects mPower Advice

October 9, 2001(PLANSPONSOR.com) - Securian, business unit of Minnesota Life Insurance Company, will offer mPower's Personal Advisor financial advice services to its approximately 2,000 retirement plan clients.
Products |

Reuters, Capco Team up on STP Initiative

October 9, 2001 (PLANSPONSOR.com) - News and information group, Reuters and Capco, a technology solutions provider, have formed a joint venture to develop a software range focusing on...
Compliance |

Daschle Vows SEC Fee Bill Will Advance

October 9, 2001(PLANSPONSOR.com) - Senate Majority Leader Tom Daschle (D- South Dakota) has promised action soon on legislation to cut stock-trading fees and raise pay for Securities and...
Products |

BONY Enhances STP with Post-Trade Messaging

October 9, 2001(PLANSPONSOR.com) -The Bank of New York (BONY) has launched a new post-trade messaging service that enhances FX straight-through processing for clients using iFX Manager, an online...
Products |

Alta Automates Convertibles Trade Processing

October 9, 2001(PLANSPONSOR.com) - Intelligent Markets has introduced Alta, a convertible securities trade order management system that tackles the trade and order management needs of dealers in the...
Investing |

Hedge Funds Beat Equity Indices in August

September 10, 2001 (PLANSPONSOR.com) - Preliminary estimates show US hedge funds fared better than most equity indices, according to Van Hedge Fund Advisors International, Inc., a global hedge...