Cautiously, US pension funds are beginning to invest in overseas real estate. Most favor commingled funds, and the UK is the most popular market thus far.
Washington is abuzz with talk of how to prevent more OTC derivatives disasters. But for pension sponsors, the key may be to get a better understanding of this...
State Street and Chase take the top spots in the 1994 survey of global custody services. Meanwhile, a select group of European providers appear to be catching up...
Los Angeles County employees hope that a pension obligation bond, plus a more aggressive asset allocation strategy, will bring financial health to their plan.
Daily valuation is now wildly popular. Some some worry that it raises costs, adds new recordkeeping stresses, and, possibly, harms investment performance.
New IRS regulations are intended to make it easier for employers to provide different benefits packages for separate lines of business. Yet significant problems still exist, critics say.
Twenty years after ERISA's passage, the US private pension system is very different from what the law's framers imagined. If its central element-the defined benefit plan-is to be...
ERISA has encouraged both better portfolio structures and the creation of innovative financial instruments, asserts the private pension system's chief regulator.
ERISA succeeded in accomplishing its chief objectives, says one of its authors. But times have changed, and a great debate about the future of private pension development is...
The accent is on self-reliance as employers large and small are rethinking their old paternalistic role, including the firmness of their commitment to providing retirement benefits, says EBRI's...
ERISA allows the states to enact laws in certain areas that are important to multi-employer plans. But these are being seriously threatened by courts that interpret ERISA's preemption...
Faced with a budget crunch and rising employee benefit liabilities, Ontario Hydro has turned to one of Bay Street's biggest money managers to carry out a sweeping reorganization...
A skeptic of government promises, Andrew Sarlos is now charged with preserving and extending such promises to some 18,000 Ontario public utility workers.