Magazine Articles

Table of Contents |April 1994

Reading the Game

Pension asset consulting is a business in transition. As plan sponsors' needs change, the generalist consultants that serve them are refocusing to meet the challenge.
Table of Contents |April 1994

Benefits Consultants Move In

Consultants from the liability side of pension practice are arguing for, and getting, a bigger role in the asset allocation process.
Table of Contents |April 1994

Selling The Orient

US plan sponsors are being steered, cajoled, and exhorted to invest in Asia's emerging economies. The enticements are clear, the risks less so.
Table of Contents |April 1994

The Weight Falls

The SEC is cracking down on public companies that do not comply with FAS 87. For some, the change can mean the difference between overfunding and underfunding.
Table of Contents |April 1994

What FASB Said, and When

What FASB said, and when, about discount rates for pension plans
Table of Contents |April 1994

Your Own Backyard

Local investments used to be an invitation for trouble to most pension sponsors. But now that political and other pressures favor them, some plans are taking a second...
Table of Contents |April 1994

GM’s Latest Model

GM is testing ERISA restrictions with a plan to reduce its underfunded pension liability through infusion of E shares. But do not expect the idea to fly with...
Table of Contents |April 1994

Back On The Buyout Trail

A slew of new LBO funds are attracting pension money. But the new buyout market is very different today from its high-flying 1980s predecessor.
Table of Contents |April 1994

Sale-Leasebacks Come of Age

A modest form of real estate-linked investment is coming into its own as an asset class.
Table of Contents |April 1994

Big Blue’s Pension Blues

IBM's decision to slash in-house pension management highlights the movement to reassess costs outside the core business.
Table of Contents |April 1994

Picking Up The Pieces

Pension schemes of the late Robert Maxwell's companies are living hand-to-mouth. Can a UK government bailout be far off?
Table of Contents |April 1994

“Prudent Person” Comes to Canada

Some $41 billion of federally regulated pensions have broader investment parameters since Canada adopted the "prudent person" principle last summer
Table of Contents |April 1994

Redesigning For Success

How a Texas engineering firm redesigned its 401(k), adding new and customized fund options, and persuaded participants to go beyond GICs.
Table of Contents |April 1994

Waiting On The Dollar

Tennessee's retirement system runs its currency overlay program in-house. The results have been mostly a wash, but the program's manager expects that to change.
Table of Contents |April 1994

Prognosis Uncertain

Two court decisions send mixed signals as to whether ERISA preempts states from slapping hospital rate-setting schemes on self-insured benefits plans.
Table of Contents |April 1994

Still Squeezed After All These Years

Treasury auction reforms have created a more efficient, automated market. But most pension investors still find the environment less than friendly.
Table of Contents |April 1994

A New Deal From Custodians

Treasury auction reforms have created a more efficient, automated market. But most pension investors still find the environment less than friendly.