December 1999

The Mega 401(k)

Huge 401(k0 plans are using their bargaining power to get the best advice, pricing, and service. Smaller plans are beginning to reap the benefits.

Service or Performance?

When it comes to rating their defined benefit managers, readers are hard-pressed to say which mattersmore: manager service or investment return.

Yorktown Revisited

Why British firms are working harder than ever to regain their footing in the US pensions

Rhumbline’s options: Ron Golz’s opinion

In mid-1996, Rhumbline Advisers, the Boston-based quantitative investment management firm created in 1990 by State Street alumnus JD Nelson, was hit hard by what the firm described as unauthorized trading in options by portfolio manager Bing Sung.

The Biggs Picture

Barton Biggs, chairman of Morgan Stanley Dean Witter Investment Management, has long pushed for diversification of pension assets abroad. Now he is convinced the rationale for that is stronger than ever.

Investment Skinny

Whether it is research, earnings reports, or conference-call Webcasts you are seeking, the Web is rich with offerings

One Provider, No Waiting

Why the majority of respondents to a new survey are using one vendor to service two or more retirement plans

Is Fixed In?

Fixed-income investment options--in the shape of Guaranteed Investment Contracts--dominated the defined contribution arena in the 1980s.

Getting the Word Out

Wayne v. Pacific Bell has employers wondering when to let the cat out of the bag when they make changes to their retirement plans

HMO Liability Dilemma

A new bill that would allow employees to sue health plans is being widely criticized

Stepping on Some Toes

Do the SEC's latest ethics proposals improperly encroach on FEC turf?

Multiemployer Manual

What Taft-Hartley trustees might not know about defined contribution plans

Cashing Out?

When changing jobs, most 401(k) participants still take the money and run

The Union Label

Why "conservative" Taft-Hartley plans are increasingly copying their corporate counterparts with self-directed DC options and international investments

Enter Fidelity

Faced with the prospect of extending its contract with Hewitt, Monsanto decided it was time to take a second look at recordkeeping alternatives

Customized Options: Will Sponsors Get with the PROgram

Reasoning that not every participant will spend the time, or is capable of making a considered decision about her investment options, Strategic Financial Concepts, a retirement and investment consulting firm in Clarendon Hills, Illinois, has devised a service it calls the SFC PROgram.

Unilver Case: Miscast?

The new emphasis among British fund managers on risk—and their long-standing preference for active management—are both at the center of an impending court case between the biggest UK pension fund manager and a major corporate pension plan

Private Equity Squeeze

Pointers for smaller funds wanting to join the private equity party

Measuring Up

International indices are springing up like mushrooms, forcing plan sponsors to rethink their benchmarks

Riding On Clinton’s Coat Tails

At the center of Gore's strategy is a Clintonesque approach to use US budget surpluses to pay down the nation's debt

Routing 401(k) Rollovers

More participants are asking plan sponsors what to do with their retirement proceeds when they retire or leave jobs; vendors are answering the call

Twin Fiduciaries

The $20 billion Central States Teamsters' pension has been split between two trustees. How will Goldman and JP Morgan fare?

Furthering Family Leave

Why new legislation is being introduced to expand the Family and Medical Leave Act--and how these provisions will impact plan sponsors

Come Together

How Rhône-Poulenc is consolidating pension asset management

Can You Spare a Dime?

Participants are frequently instructed not to borrow from their own 401(k) plans if they can help it. Here is the other side of the coin