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Large Defined Benefit Plans Produce Better Returns Than Comparable 401(k) Plans

From Spencer's Benefits Reports: Companies that sponsor both large defined benefit plans and 401(k) plans see better investment returns from their defined benefit plans, according to Watson Wyatt. This generally is true because larger plans have access to a wider variety of investment options and economies of scale. As reported in a recent Insider newsletter, Watson Wyatt used 5500 form data to calculate the median rate of return for plan sponsors that sponsored both a defined benefit plan and a 401(k) plan, each with at least 100 participants.

Rogers Announces iPhone Plans in Canada

Rogers announced service plans for the iPhone 3G in Canada today. iPhone 3G combined voice and data plans start at $60 and will be available starting July 11th. "As the wireless provider voted number one in wireless satisfaction(x), Fido is thrilled to offer a variety of well-priced voice and data plans making iPhone 3G accessible to as many of our customers as possible," said Sylvain Roy, Senior Vice President and General Manager, Fido. "These pricing plans will allow our urban customer base easy enjoyment of all that iPhone 3G has to offer."

Big plans, new horizons for Best Buy: The giant consumer electronics retailer has plans to push into new markets in Mexico, Europe and Turkey.

Big plans, new horizons for Best Buy: The giant consumer electronics retailer has plans to push into new markets in Mexico, Europe and Turkey.

Blackstone plans $1bn Asia fund http://ftalphaville.ft.com/blog/2008/05/28/13359/blackstone-plans-1bn-asia-fund/?source=rss http://ftalphaville.ft.com/blog/2008/05/28/13359/blackstone-plans-1bn-asia-fund/ Blackstone Altius Advisors, the HK-based hedg

Ambac anheuser-busch atos origin barclays blackstone BofA Carollion Ccb Charles Schumer china merchants bank countrywide daniel bouton David Sambol DB Zwirn deutsche bahn deutsche bank Excalibur ge generali Haier hbos Hypo Real Estate icbc InBev Intermediate Capital jc flowers lazards lehman LG Electronics MBIA merrill lynch morgan stanley mortgage lender rbs sabmiller SocGen Speedy Hire sullivan & cromwell ubs Wing Lung Bank

Sprint's SERO Plans For Smartphones Remain Intact, Despite Rumors

Ahhh, rumors. Don't you just love them? They pull at your heart strings and crush your dreams, and Sprint is right in the middle of this one. In a surprising move, Sprint supposedly removed smartphones from their competitive SERO (Sprint Exclusive Referral Offer) plans (now refuted.) SERO plans uniquely include data usage in the plan fee and reflect a substantial savings from conventional plans. Either this was a case of bad timing of a system bug with their online SERO ordering or Sprint was actually kicking around the idea of limiting its SERO offerings, but regardless, both current and future SERO customers can breathe a sigh of relief. Sprint has issued the following clarification:

Easy CGI now offers dedicated VPS plans for Linux

Pearl River, NY - May 10, 2008 - Microsoft Partner, Easy CGI (www.easycgi.com), is a rarity among hosting companies. Until now it has offered Windows Server hosting exclusively. However, as of May 10th, Easy CGI has a full range of five dedicated VPS plans for customers operating in Linux environments. The plans closely match those offered to its Windows environment customers. Their range of Linux VPS plans is capable of satisfying almost any dedicated hosting need – from those of small businesses, to those of large corporations.

Web Hosting Provider Easy CGI now offers dedicated VPS plans for Linux

May 13, 2008 – (HOSTSEARCH.COM) – Web hosting provider Easy CGI (http://www.easycgi.com) is offering its Windows Server hosting exclusively. However, as of May 10th, Easy CGI has a full range of five dedicated VPS plans for customers operating in Linux environments. The plans closely match those offered to its Windows environment customers. Their range of Linux VPS plans is capable of satisfying almost any dedicated hosting need – from those of small businesses, to those of large corporations.

Best Buy Plans to Double Sales in Next Five Years

At its annual shareholders' meeting, Brian Dunn, president and COO of Richfield, Minn.-based Best Buy Co. Inc., announced that the company plans to double sales in the next five years to $80 billion in fiscal year 2013, according to Startribune.com. Best Buy, which has averaged an annual growth rate of about 20 percent, doubled in size from $20 billion in fiscal 2003 to $40 billion in fiscal 2008. Additionally, the management presentation at the meeting put an emphasis on the company's international growth plans.

Growth in 401(k)-type plans slows, EBRI study finds

The number of 401(k)-type plans and the number of participants in those plans, which had grown sharply through the 1990s, have grown at a slower pace in recent years, according to a study released by the Employee Benefit Research Institute (EBRI). The study uses the most recent data (2005) from the Survey of Income and Program Participation (SIPP), conducted by the U.S. Census Bureau.

Pensions Outperformed 401(k) Plans During Last Bull Market, Watson Wyatt Analysis FindsLoading...

WASHINGTON, June 18 /PRNewswire-FirstCall/ -- Rates of return for defined benefit (DB) pension plans outpaced those for employee-directed 401(k) plans during the most recent bull market from 2003 to 2006, according to an analysis by Watson Wyatt Worldwide, a leading global consulting firm.

Pensions Outperformed 401(k) Plans During Last Bull Market, Watson Wyatt Analysis Finds

WASHINGTON, June 18 /PRNewswire-FirstCall/ -- Rates of return for defined benefit (DB) pension plans outpaced those for employee-directed 401(k) plans during the most recent bull market from 2003 to 2006, according to an analysis by Watson Wyatt Worldwide, a leading global consulting firm.

Rogers/Fido show iPhone 3G plans, cap data

Canadian cell provider Rogers Wireless and its sub-brand Fido today listed their iPhone 3G plans, revealing the strategy for carrying the device in the country. All plans will need both voice and data and have finite data limits; unlike previous rumors, there will be no option for unlimited access with either service, though all will include Visual Voicemail as well as unlimited weekend and evening calling; incoming SMS messages are also unlimited, as is access to Rogers- and Fido-owned Wi-Fi hotspots.

Fido Releases High Value Price Plans for Apple iPhone 3G

TORONTO, June 27 /CNW/ - Fido, Canada's fourth largest wireless provider and number one in wireless customer satisfaction(x) today announced a variety of voice and data pricing plans for the much-anticipated Apple(R) iPhone 3G set to hit stores on Friday, July 11. With monthly iPhone 3G combined voice and data plans starting at $60, Fido offers a wide selection of high value options to meet the needs of Canadian iPhone 3G fans.

T-Mobile adds Netherlands iPhone 3G plans

T-Mobile clarified its 3G iPhone offerings for the Netherlands, which were previously hinted at on the company's website, offering unlimited data plans starting at €30 (~$50). The plans start at a basic 150 minute/SMS plan, with the next at 300 and 500 minutes/SMS messages, and offer varying discounts on the actual device itself. From lowest tier to highest, the 8GB and 16GB iPhones are priced at €80 (~$130)/€160 (~$250), €1 (~$2)/€80 (~$130), and €1 (~$2)/€20 (~$30), offered under a two-year contract.

Big plans, new horizons for Best Buy: The giant consumer electronics retailer has plans to push into new markets in Mexico, Europe and Turkey.

Bob Willett readily admits that for many retailers, the road to international growth is "littered with failure."

Traditional Pensions Outperform 401(k)'s

During the bull market of the late 1990s, 401(k) plans outperformed traditional pension plans. But this decade has brought a reversal of fortune: During both the 2002 bear market and the 2003-2006 bull market, traditional pension plans outpaced 401(k)'s, according to an analysis by consulting firm Watson Wyatt Worldwide.

There are 9 visitor(s) online now! Ramos-Horta surprised at NP plans to create law to buy luxurious car Ramos-Horta surprised at NP plans to create law to buy luxurious car UNDP supports security sector UNDP supports security sector The doctors of t

President José Ramos-Horta said he was surprised to hear that the National Parliament (NP) is creating a law to justify the purchase of 65 luxurious cars for each MP. “I do not accept this as people are still suffering,” said PR Horta in a community dialogue on Friday (13/6) in sub-district Laleia, Manatuto.

There are 3 visitor(s) online now! Ramos-Horta surprised at NP plans to create law to buy luxurious car Ramos-Horta surprised at NP plans to create law to buy luxurious car UNDP supports security sector UNDP supports security sector The doctors of t

President José Ramos-Horta said he was surprised to hear that the National Parliament (NP) is creating a law to justify the purchase of 65 luxurious cars for each MP. “I do not accept this as people are still suffering,” said PR Horta in a community dialogue on Friday (13/6) in sub-district Laleia, Manatuto.

Supreme Court Overturns Prior 401(k) Ruling

The U.S. Supreme Court has held that the Employee Retirement Income Security Act (ERISA) authorizes participants of defined contribution pension plans to sue ERISA fiduciaries under ERISA Section 502(a)(2) to recover losses arising from a breach of fiduciary duties to their individual plan accounts. The ruling is limited to participants of defined contribution plans and draws the distinction between traditional defined benefit plans and the defined contribution plan at issue in the case. (See LaRue v. DeWolff, Boberg/No. 06-856.)

Rogers Launches Flexible Price Packages for Apple iPhone 3G

TORONTO, June 27 /CNW/ - Rogers Wireless, Canada's largest wireless carrier with Canada's fastest wireless network, today announced a variety of voice and data pricing plans for the much-anticipated Apple(R) iPhone 3G set to hit stores on Friday, July 11. With monthly plans starting at $60 for voice and data combined, Rogers offers a wide selection of high value price packages to meet the needs of Canadian iPhone aficionados. All price plans require a three-year contract.

Rogers Launches Flexible Price Packages for Apple iPhone 3G

TORONTO, June 27 /PRNewswire-FirstCall/ - Rogers Wireless, Canada's largest wireless carrier with Canada's fastest wireless network, today announced a variety of voice and data pricing plans for the much-anticipated Apple(R) iPhone 3G set to hit stores on Friday, July 11. With monthly plans starting at $60 for voice and data combined, Rogers offers a wide selection of high value price packages to meet the needs of Canadian iPhone aficionados. All price plans require a three-year contract.

France plans revolution in space

Ambitious plans for European missions to the Moon and Mars are being considered by the French government.

NASA plans industry day on IT infrastructure strategy

NASA plans to hold an industry day July 23 in Washington to brief the private sector on the acquisition strategy for its Information Technology Infrastructure Improvement program (I3P).

Google plans Image Search display ads

Google plans to place display ads alongside their Image Search results as part of a suite of image-related experiments currently underway.

Library Plans New Online Catalog Setup: Officials Say Summit Collection Will Be As Easy to Access As Google

Library Plans New Online Catalog Setup: Officials Say Summit Collection Will Be As Easy to Access As Google


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