Survey: Few Workers Understand Retirement Plans
By Staff WriterNU Online News Service, Jan. 18, 2005, 5:27 p.m. ESTOnly about 12% of employees at large companies know much about retirement benefits.[@@]That's the conclusion ...
January 18, 2005
Maryland Carrier Shows Altruistic SideA nonprofit mid-Atlantic health carrier is trying to emphasize its commitment to good works.[@@]CareFirst Inc., Owings Mills, Md., says it will be earmarking $92 ...
January 18, 2005
Three Fund Managers Leave FidelityJan. 14, 2005 -- Three fund managers are leaving Fidelity Investments, including Beso Sikharulidze, who oversaw the $9.1 billion Fidelity Mid Cap Stock (FMCSX). Adam Segal...
January 18, 2005
S&P Hedge Fund Index Ends Flat Year on an Up NoteNEW YORK (HedgeWorld.com)--Equity markets ended 2004 with a bang, but the noise provoked little more than a yawn from sleepy hedge fund strategies in the Standard & Poor's Hedge Fund Index. Despite returns for managed futures strategy of over 10% and U.S. long/short equity strategy returns over 6% for the...
January 18, 2005
Seminar Probes Mysteries of SEC Registration RuleNEW YORK (HedgeWorld.com)--Now that registration with the Securities and Exchange Commission is the law of the land, it's time for hedge funds to grin and comply with it. But first they have to figure just what the SEC means by "comply." Divining the commission's intent was the goal of a...
January 18, 2005
Treasury Provides Guidance on Deferred CompensationOn Dec. 20, 2004, the Treasury Department released Notice 2005-1, the first part of what is expected to be a series of guidance notices with respect to the application of new IRC ?409A concerning nonqualified deferred compensation (NQDC) plans. As readers are aware, as a result of the Jobs Act...
January 17, 2005
Michigan Blues Aid Sri Lanka VictimsNU Online News Service, Jan. 17, 2005, 2:40 p.m. ESTBlue Cross Blue Shield of Michigan and Blue ...
January 17, 2005
Insurer Donates $1 Million To MLK MemorialNU Online News Service, Jan. 17, 2005, 2:15 p.m. ESTAflac Incorporated is donating $1 million toward a national memorial to Martin Luther King, Jr.