Administration

Administration | April 13th, 2011

Institutional Investment Managers Anticipate Inflation Risk

April 13, 2011 (PLANSPONSOR.com) - Approximately 70% of institutional investment managers believe that the risk of inflation will increase over the next six months, according to a quarterly...

Administration | April 12th, 2011

Boomers and Advisers Show Interest in Non-Traditional Investments

April 12, 2011 (PLANSPONSOR.com) - Both Baby Boomers and financial advisers remain concerned about market volatility in retirement accounts, a new MetLife poll shows.

Administration | April 8th, 2011

KY Retirement System Fires Executive Director

April 8, 2011 (PLANSPONSOR.com) - The Kentucky Retirement Systems board of directors changed leadership, firing Executive Director Mike Burnside and electing Jennifer Elliott as chairman to replace longtime...

Administration | April 8th, 2011

Illinois Teachers Plan Sets out New Allocation Blueprint

April 8, 2011 (PLANSPONSOR.com) – The Illinois Teachers’ Retirement System (TRS) Board of Trustees approved a revised asset allocation plan for the system’s $34.6-billion portfolio.

Administration | April 7th, 2011

Emerging Markets, Alternative Investments Lead Consultant Search Activity

April 7, 2011 (PLANSPONSOR.com) - This year, ongoing portfolio globalization and the increasing role of “alternative” investments - hedge funds, private equity and real estate - are expected...

Administration | April 7th, 2011

Securities Litigation Filings Shifting from Financial Firms

April 7, 2011 (PLANSPONSOR.com) - Federal class action filing activity rose and the plaintiffs' bar shifted from an overwhelming focus on the financial services industry to a medley...

Administration | April 7th, 2011

Sponsor Contributions Drive up Pension Funding

April 7, 2011 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies decreased by $43 billion during March, from a deficit of approximately $256...

Administration | April 7th, 2011

Poor Returns Biggest Reason for NYC Pension Cost Increase

April 7, 2011 (PLANSPONSOR.com) – A study launched by New York City Comptroller John Liu found a $6.5 billion increase in New York City’s pension costs was largely...

Administration | April 6th, 2011

CalPERS Announces Organization Changes

April 6, 2011 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) announced organization changes it says will allow delivery of improved customer service to its members and...

Administration | April 6th, 2011

Canadian Pension Landscape Shifting

April 6, 2011 (PLANSPONSOR.com) – Consultancy Towers Watson says defined benefit pensions at private sector employers in Canada are at a tipping point.

Administration | April 5th, 2011

Pension Plan Funding Ratio Inches up in March

April 5, 2011 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan in March inched up 0.5 percentage points to 88.5%, monthly statistics published by...

Administration | April 4th, 2011

AIG Stock Drop Claims Survive Dismissal Attempt

April 4, 2011 (PLANSPONSOR.com) – American International Group (AIG) must face some claims by current and former employees that it invested their retirement funds too heavily in company...

Administration | April 4th, 2011

GASB Said to be Close on Pension Funding Disclosure Mandate

April 4, 2011 (PLANSPONSOR.com) – An official of the Governmental Accounting Standards Board (GASB) told a recent municipal analysts' meeting the board will soon propose increased disclosure of...

Administration | April 1st, 2011

Regulators Propose ABS Credit Risk Retention Rule

April 1, 2011 (PLANSPONSOR.com) – Six federal agencies are seeking public comment on a proposed rule that would require sponsors of asset-backed securities (ABS) to retain at least...

Administration | March 31st, 2011

Delphi Buys Out GM, PBGC Interests

March 31, 2011 (PLANSPONSOR.com) - Delphi Automotive LLP has purchased the Class A interests owned by General Motors Company (GM) for $3.8 billion and the...

Administration | March 30th, 2011

SEC Proposes Listing Standards for Compensation Committees

March 30, 2011 (PLANSPONSOR.com) - The Securities and Exchange Commission is proposing rules directing the national securities exchanges to adopt certain listing standards related to the compensation committee...

Administration | March 30th, 2011

Regulators Release RFI on Incentive Compensation Proposal

March 30, 2011 (PLANSPONSOR.com) – Federal financial regulatory agencies are requesting public comment on a joint proposed rule designed to ensure that regulated financial institutions design their incentive...

Administration | March 30th, 2011

Lehman Bankruptcy Creditor Group Suggests New Reorg Plan

March 30, 2011 (PLANSPONSOR.com) – A Lehman Brothers bankruptcy court creditors group that includes the California Public Employees Retirement System (CalPERS) has asked that its reorganization plan proposal...

Administration | March 30th, 2011

Gift Basket Retailer Asks to Dump Pensions

March 30, 2011 (PLANSPONSOR.com) – Gift basket retailer Harry & David, in its filing for bankruptcy, has asked for court approval to shed its pension plans.

Administration | March 29th, 2011

Poll Shows International Investing Strength

March 29, 2011 (PLANSPONSOR.com) – A new Franklin Templeton poll found half of respondents plan investments outside their home country this year with 62% of respondents planning to...