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View More Press Releases by Standard & Poor's and PLANSPONSOR.com

Press release:

PLANSPONSOR.com and Standard & Poor's Team up to Offer Retirement Industry Powerful New Tools

Issued by: Standard & Poor's and PLANSPONSOR.com

Date: Oct. 11, 2000

NEW YORK, NY and GREENWICH, CT (October 11, 2000) - Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), and PLANSPONSOR.com, the nation's leading authority on pension and retirement issues, have agreed in principle to provide Standard & Poor's high quality financial industry information and research to plan sponsors who visit PLANSPONSOR.com, a new Internet resource for retirement industry decision makers.

Plan Sponsor Magazine launched PLANSPONSOR.com as the first retirement benefits portal, dedicated solely to helping employers navigate the complex world of retirement plans on behalf of their employees. The site allows employers to seek relevant information and make buying decisions based on plan type, size, demographics and other specific needs. Alliances with other top players in the consulting, information and transaction services fields include BARRA RogersCasey and OptiMark. Along with customized commerce solutions for buyers and sellers, the site will produce quarterly buyer's guides for employers.

In addition to delivering data, research and investment opinions on over 10,000 mutual funds, Standard & Poor's Quantitative Services Group, led by Chief Investment Strategist David Blitzer, will provide asset allocation models and other proprietary investment tools for PLANSPONSOR.com site registrants. These services will also be part of 401(k) nowSM and 401(k) PathfinderSM, PLANSPONSOR.com's vendor selection programs designed for the 401(k) marketplace.

"We are pleased to be able to offer Standard & Poor's, one of the oldest and strongest names in unbiased financial information and advice, as a resource for users of our site," said Charles Ruffel, Chief Executive Officer of PLANSPONSOR.com.

"Plan sponsors face more choices in plans and investments than ever before. Our alliance with PLANSPONSOR.com will give sponsors the information they need to select vendors and design the plans which are right for their employees," said Sandy Bragg, Executive Managing Director, Standard & Poor's Fund Services.

PLANSPONSOR.com is dedicated to serving the retirement industry by providing the most comprehensive information and current news about the range of issues facing both employer and employee. The company has earned a well-deserved reputation for understanding and explaining the complexities of public, private and corporate pension funds. The web site, www.plansponsor.com is headquartered at 125 Greenwich Avenue, Greenwich, CT. 06830.

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE:MHP), provides independent financial information, analytical services, and credit ratings to the world's financial markets. Among the company's many products are the S&P Global 1200, the premier global equity performance benchmark, the S&P 500, the premier U.S. portfolio index, and credit ratings on more than 220,000 securities and funds worldwide. With more than 5,000 employees located in 21 countries, Standard & Poor's is an integral part of the global financial infrastructure. For more information, visit us on the web at www.standardandpoors.com.

View More Press Releases by Standard & Poor's and PLANSPONSOR.com


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