2008 5500 Filings Track DB, DC Plan Trends
December 31, 2010 (PLANSPONSOR.com) – A review of the Form 5500 filings from 2008 confirms what even the most casual pension observer knows - the...
Administration
Pittsburgh Pressing to Prevent Pension Pick-Up
December 31, 2010 (PLANSPONSOR.com) – Putting Pittsburgh’s pension problems to bed is proving to be complicated.
Rattner Settles NY Pay to Play Charges for $10M
December 30, 2010 (PLANSPONSOR.com) – Steven Rattner, former founding principal of private equity firm Quadrangle Group and former Obama administration car czar, has agreed to a $10-million settlement...
Pittsburgh Inches Closer to Pension Funding Crisis Resolution
December 30, 2010 (PLANSPONSOR.com) – Pittsburgh City Council members said a pension bailout package they pushed through Wednesday will avert a state takeover of the pension fund,
Large Public Pension Funds see 6.2% Q3 Asset Hike
December 30, 2010 (PLANSPONSOR.com) – Total holdings and investments for the 100 largest public-employee retirement systems were up 6.2% in the third quarter to $2.5 billion, the U.S....
Ohio SERS Sues Wells over $24M SecLending Loss
December 30, 2010 (PLANSPONSOR.com) – A state of Ohio pension fund has sued Wells Fargo over allegations Wachovia Corp. cost the fund nearly $24 million by mishandling the...
Pension Funds Named as BP Oil Spill Suit Lead Plaintiffs
December 29, 2010 (PLANSPONSOR.com) – A federal judge in Texas has tapped the New York and Ohio state pension funds to serve as lead plaintiffs in the litigation...
Unveiling Scheduled for Potential Pittsburgh Pension Crisis Fix
December 28, 2010 (PLANSPONSOR.com) – Pittsburgh City Council President Darlene Harris was scheduled Tuesday morning to unveil a plan to resolve the city’s pension crisis three days ahead...
401(k) Participant Wins FINRA Arbitration
December 27, 2010 (PLANSPONSOR.com) – A 401(k) participant who claimed Morgan Stanley caused significant losses in his account by not moving money out of the stock market when...
Stock Compensation Planning in the Aftermath of the Tax Relief Act
December 27, 2010 (PLANSPONSOR.com) – Those scrambling to deal with the potential implications of a change in tax rates may find the 2010 Tax Relief...
Saving More a Popular 2011 New Year's Resolution
December 27, 2010 (PLANSPONSOR.com) – A new Harris Poll finds 22% of those surveyed pledging to save more for retirement while 40% have set as a goal saving...
New Trading Records Set for DRs in 2010 Says BNY Mellon
December 22, 2010 (PLANSPONSOR.com) – Depositary Receipts surged to new trading records in 2010, according to a new report.
Private Equity Investors Have High Return Demands
December 21, 2010 (PLANSPONSOR.com) – Demands on private equity portfolios are now higher than ever before relative to public markets, according to a new survey by Preqin, an...
FL Pension Growth Investments Create 176 Jobs
December 20, 2010 (PLANSPONSOR.com) – A report says that while Florida has invested $73 million in pension fund dollars in Florida-based technology companies that have created 176 jobs, it’s...
DB Discount Rate Reductions May Be in Order for 2010
December 17, 2010 (PLANSPONSOR.com) – The range of discount rates being used by defined benefit plan sponsors continues to widen compared with past years with a 2009 range for...
M&I Snapped Up in $4.1B Stock Swap Deal
December 17, 2010 (PLANSPONSOR.com) – BMO Financial Group announced Friday that it will acquire Marshall & Ilsley Corporation (M&I) in a stock-for-stock transaction.
Company Stock 401(k) Holdings Fell Off in 2009
December 17, 2010 (PLANSPONSOR.com) – Participants in 401(k) plans continued to reduce their holdings in their employers’ company stock, according to the latest data from the EBRI/ICI 401(k)...
Report Says Switching to DC Plan Would Cost Nevada
December 16, 2010 (PLANSPONSOR.com) – A report from Segal Company says Nevada’s pension system would pay $1.2 billion more over the next two fiscal years than its current...
Fitch Considers Pension Funding in Government Credit Ratings
December 16, 2010 (PLANSPONSOR.com) – Fitch Ratings said the analysis of long-term obligations, including pensions, is an important part of its rating review for state and local government...
FRC Predicts DCIO Market Growth
December 14, 2010 (PLANSPONSOR.com) – The Financial Research Corporation (FRC) projects asset growth in the DC market will achieve a nearly 12% compounded annual growth rate between 2010...