S&P 1500 Firms See Pension Deficit Increase
August 3, 2011 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies increased by $74 billion during July, from a deficit of approximately $231...
Administration
U.S. Pension Funded Status Falls in July
August 3, 2011 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan in July fell 4.9 percentage points to 83.6%, the worst level since the...
Cogent Identifies Leaders of Mega Plan DC Market
August 2, 2011 (PLANSPONSOR.com) - According to a new report released by Cogent Research, mega defined contribution plan sponsors, whose plans have $500 million or more in assets,...
Manager Hires Increasing in Real Estate and Alternatives
August 2, 2011 (PLANSPONSOR.com) - Institutional hires in alternative investments and real estate increased in the first two quarters of 2011 at the expense of domestic active equity...
Asia, Latin America Future Growth Centers for Asset Managers
August 2, 2011 (PLANSPONSOR.com) - Strategic Insight’s latest report Emerging Market Bridges: All Eyes on Asia & Latin America for Fund Managers & Private Banks, underscores opportunities in...
CFOs Becoming More Involved in HR
August 2, 2011 (PLANSPONSOR.com) - Senior financial professionals continue to spend more time delving into areas outside of traditional finance responsibilities, a recent Robert Half Management Resources survey...
NY Retirement Fund Invests in Real Estate Venture
August 1, 2011 (PLANSPONSOR.com) – International real estate firm Hines has announced a joint venture with New York State Common Retirement Fund (NYSCRF), to invest in more than...
GAO: PBGC’s Investment Policy Statements Incomplete
August 1, 2011 (PLANSPONSOR.com) – The Government Accountability Office (GAO) is recommending that the Pension Benefit Guaranty Corporation (PBGC) and its board of directors develop and maintain comprehensive...
GAO: PBGC’s Investment Policy Statements Incomplete
August 1, 2011 (PLANSPONSOR.com) – The Government Accountability Office (GAO) is recommending that the Pension Benefit Guaranty Corporation (PBGC) and its board of directors develop and maintain comprehensive...
DCIO Market at Risk of Losing Ground
August 1, 2011 (PLANSPONSOR.com) - While DCIO (Defined Contribution Investment-Only) assets continue to grow at a healthy pace, the industry is entering the early stages of maturity, according...
Oregon PERS Holds Rate Assumption Steady
July 29, 2011 (PLANSPONSOR.com) - The Oregon Public Employees Retirement System (OPERS) has voted 4 to 1 to maintain the system’s assumed rate of return.
OK Probing FOREX Transactions for State Pension Funds
July 29, 2011 (PLANSPONSOR.com) - Oklahoma Attorney General Scott Pruitt announced he is launching an investigation into how various financial institutions are handling state pension investments.
Madoff Trustee Gets $1B Settlement
July 28, 2011 (PLANSPONSOR.com) - Irving H. Picard, the Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), announced that he has reached a settlement...
Inaugural Say-on-Pay Proxy Season Showed Minimal Impact
July 28, 2011 (PLANSPONSOR.com) – Most U.S. public corporations saw a limited immediate impact from the first-ever say-on-pay proxy season, but the majority are planning changes for next...
Financial Wellbeing a Necessity for Balanced Life
July 27, 2011 (PLANSPONSOR.com) - A Genworth survey has found that more women than men feel financial wellbeing is important to maintaining a balanced life.
MA State Pension Sees Best Return in 25 Years
July 27, 2011 (PLANSPONSOR.com) - The Massachusetts state pension fund posted a 22.3% gain for the fiscal year ended June 30, its best return in 25 years, Treasurer...
Maryland Court of Appeals Holds Actuaries Liable
July 22, 2011 (PLANSPONSOR.com) – The Court of Appeals of Maryland has held the former actuary firm of the state’s retirement system is liable for...
U.S. Appeals Court Rejects SEC Proposal
July 22, 2011 (PLANSPONSOR.com) – The U.S. Court of Appeals for the District of Columbia Circuit has rejected a new rule from the Securities and Exchange Commission (SEC),...
Average Amount Put Away for Retirement Declines
July 22, 2011 (PLANSPONSOR.com) - Continuing economic turmoil sent the First Command Financial Behaviors Index tumbling six points during the second quarter, reflecting a steady erosion in the...
San Diego County Pension Sees 21% FY Return
July 22, 2011 (PLANSPONSOR.com) – The San Diego County Employees Retirement Association (SDCERA) reported preliminary investment returns of more than 21% for fiscal year 2011, adding approximately $1.6...