Union Probes Florida, Alliance Dealings on Enron
April 25, 2002 (PLANSPONSOR.com) - Even as it contemplates its next steps in pursuing actions against a money manager in the wake of the Enron debacle, the Florida...
Administration
H-P's Fiorina Explains Deutsche Remark
April 25, 2002 (PLANSPONSOR.com) - The vote by Deutsche Bank to support Hewlett-Packard (H-P)'s proposed acquisition of Compaq Computer Corp. continued to dominate proceedings in a Delaware courtroom...
Enron Lessons Fail to Stick
April 25, 2002 (PLANSPONSOR.com) - Despite the media frenzy over the Enron debacle, very few 401(k) participants have learned their lesson about holding too much company stock in...
Shareholders Hit Verizon, Raytheon Exec Comp Rules
April 25, 2002 (PLANSPONSOR.com) - Shareholders at two prominent US companies have turned away efforts to keep pension gains from further boosting executive pay and bonuses, but the...
Risk Budgets Not Hot at Hedge Funds
April 25, 2002 (PLANSPONSOR.com) - Only 14% of hedge funds and 19% of funds of funds have had risk budgets assigned by investors, new research from the an...
Mutual Fund Fees 'May Be On the Rise'
March 13, 2003 (PLANSPONSOR.com) - Mutual fund fees appear to be on the rise, led by increases in stock mutual fund fees, though bond funds have declined.
AMA Opens Private Equity Shop
March 13, 2003 (PLANSPONSOR.com) - Asset Management Advisors (AMA) is setting up shop in the private equity space through the formation of new private equity group and has...
NYC Funds Buck Trend, Back Eisner
March 1, 2004 (PLANSPONSOR.com) - Bucking what appears to be a growing trend among public pension funds, on Friday, New York City Comptroller William Thompson said the Big...
Expensive Money Managers Cost LA State Pensions $500 Million
March 1, 2004 (PLANSPONSOR.com) - High-risk equity positions handled by high-priced money managers costs two of Louisiana's pension systems $500 million over seven years.
AZ Court Holds Pension Waited Too Long To File Suit
March 1, 2004 (PLANSPONSOR.com) - The Arizona Supreme Court has upheld a lower court's ruling that Union pension funds waited too long to file suit seeking reimbursement for...
PwC Survey Finds Plenty of Corp. Governance Shifts
March 1, 2004 (PLANSPONSOR.com) - With a bevy of corporate scandals and the resulting Sarbanes-Oxley Act still ringing in their ears, corporate boards at US multinational companies have...
Investors Aware of Fund Scandal
March 1, 2004 (PLANSPONSOR.com) - Awareness of the growing mutual fund market-timing and late-trading scandal is prevalent among stock mutual fund investors and non investors alike.
Report: SEC Finishes Onsite Fact Gathering at The Hartford
March 1, 2004 (PLANSPONSOR.com) - The US Securities and Exchange Commission (SEC) recently wrapped up an on-site investigation of The Hartford's mutual fund and annuity operations while a...
Smith Barney Consultant Named in FleetBoston Action
March 1, 2004 (PLANSPONSOR.com) - A financial consultant employed by Citigroup Inc.'s Smith Barney unit arranged a $20-million deal to market time mutual funds, state and federal authorities...
SBC Links Executive Comp to Financial Performance
March 1, 2004 (PLANSPONSOR.com) - SBC Communications is implementing a new executive compensation system that would more closely link executive pay to the company's financial performance.
Pension Returns Come Up Short – Again
March 25, 2002 (PLANSPONSOR.com) - It was a tough year for US markets, and also for the nation's pension plans, which, on average, missed targeted earnings projections for...
Traffic Piles up on the Net
February 25, 2002 (PLANSPONSOR.com) - American investors in increasing numbers are not only more comfortable with going online, but they're doing their investing via financial Web sites, a...
McDermott Removes Pensions from Comp Formula
February 25, 2002 - Construction firm McDermott International will change its executive compensaiton packages.
Actuary Group: Add DB Plans to 401(k)s
February 26, 2002 (PLANSPONSOR.com) - With many Americans still clinging to an unrealistic view of their income needs in retirement, the American Academy of Actuaries called for employers...
IASB Revisits IAS 19
February 25, 2002 (PLANSPONSOR.com) - The International Accounting Standards Board (IASB) is reexamining IAS 19, the rule that affects pension accounting, and has published an exposure draft of...