Asset Managers Not Supporting Needs of Distributors
September 16, 2011 (PLANSPONSOR.com) - Distributors are changing the way they do business, leading them to seek creative, new alternatives from asset managers.
Administration
SC Officials in Battle over Pension Fraud Monitoring Proposal
September 16, 2011 (PLANSPONSOR.com) - The panel in charge of South Carolina's pension investments has rebuffed the state attorney general's plan to use law firms to monitor for...
MA Senate Approves Bill to Cut Benefits For Future State Workers
September 16, 2011 (PLANSPONSOR.com) – The Massachusetts Senate passed legislation to make public employees work longer for less benefits, in an effort to help shrink an estimated $20...
Demand for Sub-Advised Mutual Funds to Improve
September 16, 2011 (PLANSPONSOR.com) - In spite of market volatility, demand for sub-advised mutual funds is expected to improve and assets are forecast to reach $2.2 trillion by...
Australian Retirement Income Funds Continue Strong Growth
September 16, 2011 (PLANSPONSOR.com) - Retirement Income funds under management in Australia continued to grow strongly up by a further 10.2% over the past year, according to Plan...
Advisers Say Most Valuable Service is Helping Clients Maintain Perspective About Retirement
September 15, 2011 (PLANSPONSOR.com) - According to Russell Investments’ latest Financial Professional Outlook (FPO), a quarterly survey of U.S. financial advisers, more than half...
CalPERS Board Adopts Governance Reforms
September 14, 2011 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) Board of Administration adopted 10 sweeping governance...
New Report Highlights Lessons for Negotiating Public Pension Plan Reforms
September 14, 2011 (PLANSPONSOR.com) – A new report from the Center for State and Local Government Excellence offers lessons...
IRS Issues Guidance on Tax Treatment of Cell Phones; Provides Small Business Recordkeeping Relief
September 14, 2011 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) issued guidance designed to clarify the tax treatment of...
ESOP Companies Report Positive 2010 Even Amid Slow Economic Recovery
September 14, 2011 (PLANSPONSOR.com) – Results from the Employee Ownership Foundation’s 20th Annual Economic Performance Survey of Employee Stock Ownership Plan (ESOP) companies that are members of the...
Survey Shows Institutional Trades Around the World Concerned by High Frequency Trading
September 13, 2011 (PLANSPONSOR.com) - More than two-thirds of traders at leading asset management firms around the world are...
Few DC Investment Managers Positioned For Growth
September 13, 2011 (PLANSPONSOR.com) – According to a new report by Cogent Research, very few DC...
DoL Will Allow for Electronic Disclosure to Participants
September 13, 2011 (PLANSPONSOR.com) – The Department...
Funded Status Deficit Increases by $62 Billion in August After $66 Billion Increase in July
September 13, 2011 (PLANSPONSOR.com) - Milliman, Inc. released the results of...
Funded Status Deficit Increases by $62 Billion in August After $66 Billion Increase in July
September 13, 2011 (PLANSPONSOR.com) - Milliman, Inc. released the results of...
HPRS Requests RFP’s for $15 Million Each
September 13, 2011 (PLANSPONSOR.com) – The Ohio Highway Patrol Retirement System (HPRS) has issued two alternative RFP’s at $15 million each, for hedge fund and fund of fund...
CalPERS Targets $800 Million for Investment in California Infrastructure
September 13, 2011 (PLANSPONSOR.com) –
September 9, 2011 (PLANSPONSOR.com) – Data from the 33rd annual Canada Salary Increase Survey projects average salary increases of...
Chilean Pension Funds an Important Market for U.S. Asset Managers
September 9, 2011 (PLANSPONSOR.com) - As of Q2/2011, Chilean pension funds had $153 billion in total assets, with $66 billion, or 43%, held in offshore investments, mostly through...
Canadian Organizations Expect 3.1% Salary Increases in 2012
Market Pressuring Asset Manager Profits
September 8, 2011 (PLANSPONSOR.com) - Recent market calamities will likely put a damper on asset growth and push investors into more conservative, lower-fee products, according to kasina.