Editorial Comment: Social Security Still Publicly Supported
To talk people into doing what profits them most should be easy when you have good old-fashioned virtue on your side. But is it? Take saving-an old-fashioned virtue if ever there was one.
Plan Sponsor 1996 Listing-DC Alliances
Taft-Hartley sponsors find uses for supplemental DC plans
A new report analyzes the rise of alternative investments
Swelling demand outstrips the available services
In White House ceremony, Clinton unveils proposals that address pension and retirement concerns.
The Supreme Court's Varity decision could force sponsors to run plans-especially those that contain company stock-more cautiously, experts say.
Congressional supporters have not given up on the pension reversions proposal
Retired teacher, Rutgers University College
A new strategic plan sets out a laundry list of projects for this year, from performance benchmarks to providing members with financial planning software.
Groups of United flight attendants and Ohio public school teachers are taking action to reverse reduced pension benefits.
Profile: James Scott & Mark Stumpp, Prudential Insurance Company of America
Workers today have more options to plan and save for retirement than ever before. But they are not using them to their full potential
Personal saving is becoming more important as preparation for retirement. Aggressive employee education can be as effective as a high employer match at improving saving rates.
Irrational factors often guide individuals' money decisions. Successful retirement savings programs must foster self-control.
In planning an employee communication and education campaign, be sure to set definite goals. And remember to first train the trainers.
How communication and education can help boost employee participation and encourage more aggressive investment.
Tax incentives to increase saving have never proven they can work, and new proposals like the flat tax are unlikely to do better.
Large and mid-sized defined contribution plans want multi-family investment options. They also want administration and recordkeeping tailored to their specialized needs. Increasingly, they are getting these from alliances.
Plan Sponsor's Defined Benefit Manager of the Year award recognizes achievement that sets a manager apart from its peers. The award is given not just for superior performance. It also honors superior asset-gathering skills and superior client-relationship management, and thus, in the view of the editors of Plan Sponsor, indicates the firm's potential to serve its institutional customers well over the next five years.
"We're not allowed to say the `H' word," confirms Jay Yoder, an investment analyst at the $380 million Vassar College endowment. In the ivory tower world of endowment management, managers are mostly concerned with preserving capital. To overcome the perception of hedge funds as risky vehicles that could lead to big losses, officials often refer to them instead as "partnerships," "alternative investments," or "absolute return strategies," says Yoder, who was a senior analyst at consultant SEI Corporation before moving to academia in 1994. Yet Vassar allocates 12% of its endowment to four different "H" vehicles.
PBGC initiates stricter policy on spin-offs that create pension underfundings
Participants More Likely to Roll Over Lump Sum Distributions
Why swapping market returns for managers' alpha is not catching on
New focus on preserving, expanding pension benefits
Can institutional investors pick active managers who will beat the market consistently?