Low Interest Rates Hold Back Pension Funding Levels
April 28, 2011 (PLANSPONSOR.com) - Pension funding levels at large U.S. companies improved modestly at the end of last year, largely due to the moderate stock market gains...
Administration
529 Plan Assets Increased 11.5% in 2010
April 27, 2011 (PLANSPONSOR.com) – A new report from the College Savings Plans Network (CSPN) shows assets under management in 529 plans increased 11.5% in 2010 net of...
CalPERS Makes Investment, Takes Stake in Emerging Managers
April 27, 2011 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) has committed a total of $400 million to three emerging managers.
CalPERS Commits $400M to Emerging Managers
April 27, 2011 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) has committed a total of $400 million to three emerging managers in the pension fund’s Manager...
Advisers not Doing Enough for Affluent Gen X Investors
April 27, 2011 (PLANSPONSOR.com) - Affluent investors with advisers in the Gen X demographic – between the ages of 29 and 44 – saw significantly less growth in...
Group Says Report on State Retiree Benefit Funding Is “Flawed”
April 26, 2011 (PLANSPONSOR.com) - The National Conference on Public Employee Retirement Systems (NCPERS) says a new analysis from the Pew Center on the States “is seriously flawed...
Report Indicates $1.26T Funding Gap for State Retiree Obligations
April 26, 2011 (PLANSPONSOR.com) – A new report contends the gap between the promises states made for employees’ retirement benefits and the money they set aside to pay...
Survey Finds Public Pensions Generally Healthy
April 26, 2011 (PLANSPONSOR.com) - Public pension funds are reporting strong investment returns, growing assets and more than adequate funding levels to meet their obligations, according to a...
Commitment from Retirement Plans Could Spark ETF Growth
April 25, 2011 (PLANSPONSOR.com) - Cerulli Associates contends: “The next few years may be pivotal in terms of determining whether it is business as usual for ETFs, or...
Fund Managers Use Institutional Shares to Stay Competitive
April 25, 2011 (PLANSPONSOR.com) - Cerulli Associates' latest managed accounts-focused research indicates mutual fund advisory programs (MFA) will experience slower growth in the coming years.
Pension Plan Funding Continues Improvement
April 21, 2011 (PLANSPONSOR.com) - The financial health of corporate pension plans continues to improve from the 2008-early 2009 recession, data from Wilshire Consulting shows.
Public Pensions in Recovery
April 21, 2011 (PLANSPONSOR.com) - At the end of calendar year 2010, aggregate state and local government retirement system assets totaled $2.93 trillion, a 35% increase from their...
Detroit Pension Boards Challenge New Emergency Powers Law
April 20, 2011 (PLANSPONSOR.com) – Detroit workers’ pension boards have asked a court to declare unconstitutional a new law allowing state-appointed emergency financial managers to, among other things, impermissibly...
SEC Seeks Input on Investor Education
April 19, 2011 (PLANSPONSOR.com) - The Securities and Exchange Commission is looking for some input on the effectiveness of existing investor education efforts.
Madoff-Related Lawsuit against SEC Dismissed
April 19, 2011 (PLANSPONSOR.com) - A federal judge has thrown out a lawsuit by two of Bernard Madoff's former clients which accused the U.S. Securities and Exchange Commission...
Range Between High and Low Plan Costs Moderate for Most 401(k)s
April 18, 2011 (PLANSPONSOR.com) - Total plan costs for running a 401(k) can vary widely, but for most employers the range between high and low total plan costs...
Former NY Comptroller Gets Jail – and a Pension?
April 15, 2011 (PLANSPONSOR.com) – Former New York state Comptroller Alan Hevesi was sentenced today, after pleading guilty to a felony charge of receiving reward...
Business Owners Worried about Saving for Retirement
April 14, 2011 (PLANSPONSOR.com) - The latest American Express OPEN Small Business Monitor finds retirement savings is a worrisome topic for business owners.
Regulatory Requirements Top Concern for Investment Managers
April 14, 2011 (PLANSPONSOR.com) - A poll released by SEI reveals that meeting new regulatory requirements remains the top challenge among investment managers.
New Assumptions Push up RI Pension Liability
April 14, 2011 (PLANSPONSOR.com) - Rhode Island's retirement board has approved a new set of assumptions that estimates the state's unfunded pension liability is 27% higher than previously...