Administration

Administration | September 27th, 2011

Russell Paper Outlines Volatility-Responsive Asset Allocation

September 27, 2011 (PLANSPONSOR.com) - Russell Investments’ latest research for institutional investors, entitled “Volatility-Responsive Asset Allocation,” explores the possibility of a dynamic asset allocation policy that varies as...

Administration | September 27th, 2011

Report Projects Growth in Retirement Plans Offering SRI Options

September 27, 2011 (PLANSPONSOR.com) - The number of defined contribution (DC) retirement plans in the U.S. offering a sustainable and responsible investing (SRI) choice could double in the...

Administration | September 26th, 2011

Goldman Sachs Wins Dismissal of Shareholder Lawsuits

September 26, 2011 (PLANSPONSOR.com) – Goldman Sachs won dismissal of lawsuits brought by shareholders who claimed executive bonuses were “a waste of assets”.

Administration | September 26th, 2011

Survey Gives Insider Look at Thoughts from Public Company Directors

September 26, 2011 (PLANSPONSOR.com) - According to a new survey by the Corporate Governance Practice of BDO USA, LLP, most corporate directors at public companies understand that they...

Administration | September 26th, 2011

Pension Risk Transfer Index Increases in September

September 26, 2011 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, rose to 91.78 for September, from its month...

Administration | September 26th, 2011

Fitch: Pension, Accounting, Tax & Regulatory Issues Unlikely to Affect U.S. Media Credit Quality

September 26, 2011 (PLANSPONSOR.com) - According to Fitch Ratings' annual “Credit Encyclo-Media” report, credit quality for the U.S. media sector is not likely to be affected in the...

Administration | September 26th, 2011

RBC Makes DC Shift

September 26, 2011 (PLANSPONSOR.com) - The Royal Bank of Canada has announced plans to shift to a defined contribution pension plan for new hires as...

Administration | September 26th, 2011

Study Suggests “Help” Matters Even More in Volatile Markets

September 26, 2011 (PLANSPONSOR.com) - According to a new report from Aon Hewitt and Financial Engines, 401(k) participants who use employer-provided investment help outperform those...

Administration | September 23rd, 2011

FASB Issues New Multiemployer Plan Disclosures

September 23, 2011 (PLANSPONSOR.com) – The Financial Accounting Standards Board (FASB) has issued new disclosure rules regarding employer participation in a multiemployer plan.

Administration | September 23rd, 2011

ERIC Pushes Back on PBGC Premium Proposal

September 23, 2011 (PLANSPONSOR.com) – An employer industry trade group has pushed back on a proposal that could result in higher pension premiums for employers.

Administration | September 22nd, 2011

SEC Charges Quant Manager With Fraud

September 22, 2011 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) has charged the co-founder of institutional money manager AXA Rosenberg with securities fraud.

Administration | September 22nd, 2011

JPMorgan Sues American Century

September 22, 2011 (PLANSPONSOR.com) - JPMorgan Chase & Co. has sued American Century, claiming it wasn’t informed about an $848 million optioned share sale to...

Administration | September 22nd, 2011

Nonprofits Increase Diversification to Manage Market Volatility

September 22, 2011 (PLANSPONSOR.com) - An SEI Quick Poll reveals nonprofits are continuing to add new asset classes to...

Administration | September 21st, 2011

Annuities Can Help Wary Investors Stay in the Game

A Prudential survey of near and recent retirees found guaranteed products will help persuade wary investors to stay in the stock market, even during times of volatility.

Administration | September 20th, 2011

Missouri City Pension Fund Has $118M Shortfall

Four pension plans in Columbia, Missouri owe nearly $118 million more in benefits than they are bringing in from...

Administration | September 19th, 2011

South Korea Individual Pension Market to Reach 82 Trillion Won

September 19, 2011 (PLANSPONSOR.com) - South Korea's new individual retirement pension market will likely reach 82 trillion won (US$72.4 billion) in 2030, an industry report says.

Administration | September 19th, 2011

Pittsburgh Pensions Avoid State Takeover

September 19, 2011 (PLANSPONSOR.com) – The city of Pittsburgh, Pennsylvania, has met the legal threshold of funding its pension systems, averting a takeover by the state.

Administration | September 19th, 2011

CO Treasurer to Sue for Pension Information

September 19, 2011 (PLANSPONSOR.com) – Colorado State Treasurer Walker Stapleton is filing a lawsuit against the board of the Colorado Public Employees’ Retirement Association (PERA) because the fund...

Administration | September 16th, 2011

Ohio Fund Saves with Internal Managers

September 16, 2011 (PLANSPONSOR.com) – An analysis has found that the State Teachers Retirement System (STRS) of Ohio saved $94 million in 2010 by managing about 80% of...

Administration | September 16th, 2011

Philly City Council Overrides Mayor’s Veto of DROP Bill

September 16, 2011 (PLANSPONSOR.com) – The Philadelphia City Council unanimously voted to override Mayor Michael Nutter’s veto of a bill that would preserve the controversial Deferred Retirement Option...