Administration

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.
Administration |

Bad Investment Could Cost MD Millions

March 22, 2002 (PLANSPONSOR.com) - Maryland's state retirement fund could be out $4 million because a former investment advisor committed millions of pension dollars to shares of its...
Administration |

FRS17 Hits UK Balance Sheets

February 22, 2002 (PLANSPONSOR.com) - The percentage of UK listed companies that will see a decrease in their 2001 pension plan assets following the adoption the new accounting...
Administration |

Deal Making in the Dumps

February 22, 2002 (PLANSPONSOR.com) - Some 33% of the companies acquired in the buying spree of the late nineties are up for sale, and 32% of the dealmakers...
Administration |

Enron Stirs Up Retirement Fears

February 22, 2002 (PLANSPONSOR.com) - Although the Enron collapse has made workers more aware of their retirement savings, it has not garnered support for greater regulation, a poll...
Administration |

Insider Trading Alleged at Utah Fund

February 10, 2003 (PLANSPONSOR.com) - Richard Cherry, the chief investment officer of Utah's $11.5 billion public employee retirement fund, is being investigated for allegedly making "personal investments that...