When the market mushrooms for any type of investment vehicle, the effect is like putting it under a microscope: Warts become craters, and finding a way to remove the blemishes suddenly is embarrassingly urgent.
Familiarity has a funny way of breeding acceptance. Even, it seems, when the familiar bears less and less resemblance to what is fair or reasonable.
Last year's celebrated ERISA cases portend still more litigation
Retired mine mechanic, 69
Massachusetts lawmakers want to abolish county-level government, a move that could transfer millions in public retirement money to the PRIM fund.
Does your company sponsor a deferred compensation trust for foreign employees? A big new tax liability could be on the way.
A successful push to win benefit adjustments for some GE retirees boosts a new coalition of retiree activists, unions, and advocacy groups.
If the IRS would just change a few rules, pension administration could become a lot cheaper, say groups lobbying for a change.
Chief investment officer, Washington State Investment Board
Pension execs saw their compensation rise modestly at best last year. Meanwhile, the pay gap between public and corporate plan officials is growing.
In contrast to their US colleagues, Canadian plan officials-both corporate and public-saw healthy increases in compensation last year.
FASB wants to give investors and analysts a bigger voice in setting accounting standards. But can the standards board convince plan sponsors to pay attention to a process they often find frustrating and minimally useful?
FASB is kicking off its review of the major footnotes on financial reports with a proposal to revamp pension information included in them.
Savvy defined contribution plan participants want more detailed information about their increasingly complex stable value options. Plan sponsors and providers are starting to oblige them.
Plan sponsors and providers have pushed participants energetically to invest in equities. But some participants may have good reasons for favoring stable value funds instead.
Some managers spot value in bonds through credit, sector, issue selection
A new clearinghouse and a blockbuster deal point to improved liquidity
The Alaska Permanent Fund creates state-of-the-art MIS and investment data systems
The theory and practice of outsourcing, from a longtime practitioner
Index fund providers are slashing fees in an effort to grab market share from leader Vanguard
Creating a more "institutional" defined contribution plan provider
Managed care is pushing down retiree health plan costs, more employers are finding.
Why markets may not be as efficient as first thought
Managing employee benefits in a changing environment