Outward Bound?

“The brothel is not yet open, but there is a
line of sailors around the block.” That’s one
unnamed observer’s comment on the growing number of financial
entities—investment banks, private equity firms, insurance
companies, and hedge funds—that are looking to position
themselves for the next great opportunity in defined benefit
investment management: risk transfer.

War Stories |

October 2008

We all have them: those front-line experiences that are inevitable when one deals with the variety—and sensitivity—of issues associated with human beings and critical life events.
Bells & Whistles |

October 2008

Each month, Bells & Whistles highlights recent product introductions that plan sponsors may find of interest.
Head of the Class |

When It Rains . . .

Private equity now accounts for 5% and 3%, respectively, of the assets at public and private pension plans that have added it to their portfolios.
Case Sensitive |

Inform All

Paul H. Anderson, etc. v. Board of Trustees of the Northwest Ohio United Food and Commercial Workers Union and Employers' Joint Pension Fund
Rules/Regs |

Open Season?

Proposed regulations released in late August from the Department of Labor (DoL) purport to offer clarification on the Pension Protection Act (PPA) exemption for offering investment advice, and...
Barry's Pickings |

Two Cheers for 401(k) Plans

There's a broad consensus that 401(k) plans have replaced defined benefit (DB) plans as the retirement savings program for American workers.
Saxon Angle |

Let’s Do Lunch

The United States Department of Labor recently amended its "Enforcement Manual" regarding how DoL investigators treat meals, gifts, and entertainment provided to ERISA plan fiduciaries.
Just out of Reish |

Revenue Sharing: What Is It?

The 401(k) industry calls it revenue sharing. The mutual fund industry calls it 12b-1 fees, subtransfer agency fees, shareholder servicing fees, and profit-sharing payments. The Department of Labor...