Report Finds Private Pension System Stable
October 6, 2011 (PLANSPONSOR.com) – According to a new report by the Society of Actuaries (SOA), as a group, sponsors of private, single-employer defined benefit pension plans will...
Administration
U.S. Pension Funding Ratios Decline Sharply During Third Quarter
October 6, 2011 (PLANSPONSOR.com) - The UBS Global Asset Management US Pension Fund Fitness Tracker found the typical pension...
U.S. Companies Add $9.6B to Dividend Payments in Q3
October 6, 2011 (PLANSPONSOR.com) - S&P Indices announced dividend increases rose 17.1% during the third quarter of 2011, with 350 issues increasing their dividends.
One in Four Americans Would not Inform Spouse of Financial Difficulties
October 6, 2011 (PLANSPONSOR.com) – A poll by National Foundation for Credit Counseling (NFCC) revealed that 24% of more than 1,400 respondents would not tell their spouse if...
BNY Mellon Now Targeted by ERISA “Investigation”
October 5, 2011 (PLANSPONSOR.com) – Having drawn the scrutiny of regulators, Bank of New York Mellon now finds itself the target of another investigation.
DoL Claims Nearly $2M Withdrawn Illegally from Plan
October 5, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor has filed a complaint in federal court against A.B.D....
Investors Losing Confidence; Blame Weak Economy and Political Divides
October 5, 2011 (PLANSPONSOR.com) - Investor optimism has plummeted according to a Wells Fargo/Gallup poll, which found two in three investors are feeling a loss of control in...
Funded Status of U.S. Pensions Falls to Record Low
October 5, 2011 (PLANSPONSOR.com) – The funded status of the typical U.S. corporate pension plan fell 7.9 percentage points...
Russell Launches Four Small Cap ETFs
October 5, 2011 (PLANSPONSOR.com) - Russell Investments launched four Small Cap Investment Discipline exchange-traded funds (ETFs) on NASDAQ.
Operational Risk in Managed Accounts Can Cause Problems
October 5, 2011 (PLANSPONSOR.com) - A Cerulli report contends that while managed accounts are stable from an investment-risk and a regulatory standpoint, operational risk remains a concern.
BNY Mellon Sued by U.S. and NY
October 5, 2011 (PLANSPONSOR.com) – The Justice Department and New York’s attorney general filed separate civil lawsuits against the Bank of New York Mellon Corp.
U.S. Pension Funding Ratios Fall in Third Quarter
October 4, 2011 (PLANSPONSOR.com) - Legal & General Investment Management America (LGIMA) announced that pension funding ratios fell approximately 22% in the third quarter of 2011.
Pension Funding Levels at Post-WWII Low
October 4, 2011 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies increased by $134 billion during September, from a deficit of approximately $378...
Canadians Show Confidence in Pension Plans
October 4, 2011 (PLANSPONSOR.com) - RBC Dexia Investor Services and Grant Thornton in Canada report that 83% of Canadian defined benefit (DB) plan members/participants trust that when they...
Casey Quirk Predicts Target Date Retirement Fund Growth
October 3, 2011 (PLANSPONSOR.com) - Target date retirement funds (TDRFs) will represent nearly half of the total $7.7 trillion in U.S. defined contribution assets by 2020, according to...
Transamerica Reveals Top Marketplace Issues Facing TPAs
October 3, 2011 (PLANSPONSOR.com) - Transamerica Retirement Services announced the results of a national listening tour with third party...
Positive Link Found between Risk Management Maturity and Performance
October 3, 2011 (PLANSPONSOR.com) - The Aon Risk Maturity Index has found there is a positive relationship between the maturity of an organization's risk management framework and its...
Oklahoma Teachers Retirement Plan on Track to Reach Full Funding
October 2, 2011 (PLANSPONSOR.com) – The retirement fund for Oklahoma public schools teachers is expected to eliminate its unfunded liability in 22 years, reports Tulsa World.
World’s Largest Pension to Invest in Emerging Stocks
September 30, 2011 (PLANSPONSOR.com) – The world’s largest public pension fund, in Japan, will start investing in emerging market...
Cerulli Reports on Opportunities in 403(b) Market
September 30, 2011 (PLANSPONSOR.com) - According to the latest issue of Cerulli's quarterly retirement-focused publication, the introduction of new...