Pension Funded Status Declined 2% in Q2
July 8, 2011 (PLANSPONSOR.com) - The UBS Global Asset Management US Pension Fund Fitness Tracker found that the typical pension plan’s funding ratio decreased by slightly less than...
Administration
Wells Fargo Settles Pension Suit
July 8, 2011 (PLANSPONSOR.com) - Wells Fargo & Co. has agreed to pay $125 million to settle a class action suit led by a group...
PSNC 2011: The “To” Versus “Through” Debate
July 7, 2011 (PLANSPONSOR.com) – Since the market downturn of 2008 there has been increasing debate on whether target-date funds should take retirement plan participants “to” retirement or...
Fund Managers Making Changes to TDF Management
July 7, 2011 (PLANSPONSOR.com) - Callan’s 2011 Target Date Fund Survey: The Evolving Target Date Fund shows target date funds (TDFs) continue to evolve as managers evaluate their...
PSNC 2011: Alpha “Bets”
July 6, 2011 (PLANSPONSOR.com) – John Keefe, Contributing Editor, PLANSPONSOR, told attendees at the PLANSPONSOR National Conference that there has always been a theoretical need for liability-driven investing...
CFO Influence in IT is Growing
July 6, 2011 (PLANSPONSOR.com) - CFO influence in IT is growing as CFOs alone have authorized 26% of all IT investments, while CIOs alone have authorized only 5%...
Pension Plan Funding Ratios Dip in Q2
July 6, 2011 (PLANSPONSOR.com) - Legal & General Investment Management America (LGIMA) announced in its quarterly Pension Fiscal Fitness Monitor that U.S. corporate defined benefit plan funding ratios...
Advisers Using Fewer Asset Managers
July 6, 2011 (PLANSPONSOR.com) - Cerulli's latest report, “Advisor Portfolio Construction Dynamics,” reveals that as advisers are building investment portfolios for their clients, they are using fewer asset...
Advisers Using Fewer Asset Managers
July 6, 2011 (PLANSPONSOR.com) - Cerulli's latest report, “Advisor Portfolio Construction Dynamics,” reveals that as advisers are building investment portfolios for their clients, they are using fewer asset...
PSNC 2011: Glide Paths
July 5, 2011 (PLANSPONSOR.com) - With 12% of retirement plan assets in target-date funds and 40% of new assets going into TDFs, panelists at the PLANSPONSOR National Conference...
Local Government Plan Funded Status Declined
July 5, 2011 (PLANSPONSOR.com) – An update from the Center for Retirement Research at Boston College indicates that the funded status for local government pension plans fell from...
U.S. Has Competitive Advantage for Financial Talent
July 5, 2011 (PLANSPONSOR.com) – New research from Mercer indicates the different approaches taken by European and U.S. regulators has created an unlevel playing field in financial services,...
Average 401(k) Expense Ratio Declines
July 1, 2011 (PLANSPONSOR.com) - According to an annual report by the Investment Company Institute (ICI), 401(k) plan participants invested in stock mutual funds on average paid lower...
Public Plans Reach Highest Assets Since Q208
July 1, 2011 (PLANSPONSOR.com) – A new report from the U.S. Census Bureau shows that for the 100 largest public employee retirement systems in the country, total holdings...
Typical Measurements not Only Gauge of Transition Management Success
June 30, 2011 (PLANSPONSOR.com) - Institutional investors should review information that goes beyond the typical scorecard that they use, called the “implementation shortfall,” when they gauge the success...
Court Supports Lowering COLAs for COPERA Members
June 30, 2011 (PLANSPONSOR.com) - A Denver district judge has thrown out a lawsuit challenging legislation that lowers cost-of-living increases for members of the Colorado Public Employees' Retirement...
KY Audit Details Questionable Placement Agent Activities
June 29, 2011 (PLANSPONSOR.com) – An auditor’s report found nearly $11.6 million in fees paid or committed to placement agents from the Kentucky Retirement System from 2007 to...
Study Identifies Common Element of Well-Funded Public Plans
June 29, 2011 (PLANSPONSOR.com) - A new research report released by the National Institute on Retirement Security examines six defined benefit public pension plans and identifies common practices...
Study Suggests Lifecycle Funds’ Equity Allocations too High
June 28, 2011 (PLANSPONSOR.com) – The first study by the newly launched Putnam Institute suggests most lifecycle fund offerings in today’s market are too aggressive in their equity...
Philly Orchestra Challenged on Funding Pension
June 28, 2011 (PLANSPONSOR.com) - In connection with its April 16 bankruptcy petition, the Philadelphia Orchestra Association has claimed that its $120 million endowment cannot be used to...