Administration

Administration |

Rolls Cautions on Pension Gap

August 22, 2002 (PLANSPONSOR.com) - British aircraft engine-maker Rolls-Royce PLC announced that the unfunded portion of its pension fund may be as large as $1.5 billion due to...
Administration |

CI Picks up Mutual Fund Companies

May 22, 2002 (PLANSPONSOR.com) - CI Fund Management Inc, (CI) a Toronto asset manager, has agreed to acquire two mutual fund subsidiaries from Sun Life Financial Services of...
Administration |

AMG Takes Equity Stake in Third Ave

May 22, 2002 (PLANSPONSOR.com) - A Boston asset-management firm will acquire a majority stock interest in Third Avenue Management, a New York investment manager whose affiliates advise the...
Administration |

PBGC Puts on Apparel Plan

April 22, 2002 (PLANSPONSOR.com) - The Pension Benefit Guarantee Corp. (PBGC), the government's pension insurance program will take over bankrupt Durango Apparel, Inc.'s defined benefit plan, which was...
Administration |

PNC Claims to be Fraud Victim

April 22, 2002 (PLANSPONSOR.com)-Pittsburgh-based bank PNC Financial may have been the subject of a $50 million fraud, according to a report in the Financial Times.