S&P 1500 Pension Plans See Increase in Funded Status
March 2, 2012 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies was $410 billion on February 29, 2012.
Administration
Pension Plan Funded Status Rises in February
March 2, 2012 (PLANSPONSOR.com) - The typical U.S. corporate pension plan’s funded status rose 2.1% in February.
Funding Shortfalls Increase for Largest Pensions
February 29, 2012 (PLANSPONSOR.com) - Liabilities still outpaced the growth in assets for the 16 publicly listed U.S. corporations with pension liabilities over $20 billion, according to an...
DB Risk Management Increasingly Focused on Liabilities
February 29, 2012 (PLANSPONSOR.com) - Plan sponsors of the largest U.S. defined benefit (DB) pension plans are deepening their risk management focus on plan liabilities.
State Street Forex Practices Investigated
February 27, 2012 (PLANSPONSOR.com) - State Street Corp. said on Monday the U.S. attorney in Manhattan and the New York attorney general are investigating its foreign exchange trades.
529 Assets Jump in Q4 2011
February 27, 2012 (PLANSPONSOR.com) – Total 529 college savings plan assets were an estimated $144.4 billion in Q4 2011, according to data from Financial Research Corporation (FRC), a...
Pre-Funding Can Shave Billions off Calif. OPEB Cost
February 24, 2012 (PLANSPONSOR.com) – California State Controller John Chiang released an actuarial report showing the 30-year cost of providing health and dental benefits for state retirees is...
Lost Pension Assets by Japan Investment Managers Sparks Larger Probe
February 24, 2012 (PLANSPONSOR.com) - Japan's financial regulator halted operations of a Tokyo money-management company after finding it allegedly lost billions of dollars in client money.
Ford Announces Strategy to Reduce DB Plan Risk
February 22, 2012 (PLANSPONSOR.com) – Ford Motor Co. announced a long-term strategy to reduce the risk of its funded defined benefit (DB) plans.
Calif. Local Pension Systems in Debt More than $130B
February 21, 2012 (PLANSPONSOR.com) – A report found California’s local independent pension systems are more in debt than other state systems.
STRS of Ohio Board Selects New Asset Mix
February 21, 2012 (PLANSPONSOR.com) – The State Teachers Retirement System of Ohio (STRS Ohio) Board selected a new asset mix for its portfolio at the February board meeting.
Funding Relief Helped Multi-Employer Plans Improve Zone Status
February 16, 2012 (PLANSPONSOR.com) – More than 60% of multi-employer pension plans were in the green zone for 2011, according to a Segal Company survey.
Fund Managers Less Sure About Global Recovery
February 15, 2012 (PLANSPONSOR.com) - Fund managers have turned significantly more cautious about the prospects for world growth and investment returns, according to a global survey of investment...
CalPERS: Hybrid Plan May not Significantly Reduce Costs for State
February 15, 2012 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) released an actuarial staff analysis that outlines the costs associated with creating a hybrid pension plan...
Nearly Two-Thirds Plan to Save Tax Refund
February 15, 2012 (PLANSPONSOR.com) - Most Americans who anticipate a tax refund this year won’t be spending it unwisely, according to a recent survey conducted by TD Ameritrade...
Prepaid Tuition Plans Are 93% Funded
February 14, 2012 (PLANSPONSOR.com) - The College Savings Plans Network (CSPN) reported that as of the close of the most recent fiscal year, Section 529 prepaid tuition plans are, on...
Institutional Investors Call on SEC to Implement Reforms
February 14, 2012 (PLANSPONSOR.com) – A coalition of institutional investors from around the globe released a list of financial market reform priorities that they believe are necessary to...
Pension Risk Transfer Index Falls 0.30% in January
February 13, 2012 (PLANSPONSOR.com) – The Dietrich Pension Risk Transfer Index was nearly unchanged from its prior month’s level of 86.65 and currently sits at 86.35 as of...
Wis. Investment Board Makes Private Equity Commitments
February 13, 2012 (PLANSPONSOR.com) - The State of Wisconsin Investment Board, which manages $83 billion in pension funds, is making a number of private equity commitments.
Few Investment Strategies Attain Top ESG Ratings
February 13, 2012 (PLANSPONSOR.com) - Only 9% of more than 5,000 investment strategies achieve the highest environmental, social and governance (ESG) ratings, according to an analysis performed by...