Administration

Administration | September 2nd, 2011

Chicago Public School Teachers Say Board Short Changed Pension Fund by $32.5 Million

September 2, 2011(PLANSPONSOR.com) – Chicago Public Schools have short-changed the teachers’ pension and retirement fund by tens of millions of dollars, a lawsuit claims.

Administration | August 31st, 2011

Study Shows Participants Who Use TDFs Stick with Them

August 31, 2011 (PLANSPONSOR.com) – 401(k) participants who invested in target-date funds (TDFs) overwhelmingly tend to stick with these investments over time, according to new research conducted by...

Administration | August 31st, 2011

GAO Expresses Concerns About DB Alternative Investments

August 31, 2011 (PLANSPONSOR.com) - Hedge funds and private equity investments pose a number of risks and challenges beyond those posed by traditional investments, according to Government Accountability...

Administration | August 31st, 2011

India May Allow Foreign Investment in Pension Funds

August 31, 2011 (PLANSPONSOR.com) – India may allow foreign investment of up to 26% in the pension sector, giving global players access to roughly a $2 billion pool...

Administration | August 31st, 2011

San Diego Dismisses Former City Attorney’s Lawsuit

August 31, 2011 (PLANSPONSOR.com) – Former San Diego City Attorney Michael Aguirre’s attempt to roll back benefits for city workers has ended with the dismissal of a long-standing...

Administration | August 31st, 2011

Study Shows Say-on-Pay Impact not as Dramatic as Expected

August 31, 2011 (PLANSPONSOR.com) – Results from the 2011 BNY Mellon Shareowner Services Annual Meeting Study show for the annual meeting season that just ended, expectations for major...

Administration | August 31st, 2011

Gap between CEO and CFO Pay Growing

August 31, 2011 (PLANSPONSOR.com) - Middle-market CFOs earn an average of $927,743, around 40% of CEO pay ($2,338,874), according to an analysis of 600 public companies conducted by...

Administration | August 30th, 2011

Most Small Biz Owners Not Concerned About Disaster Impact

August 30, 2011 (PLANSPONSOR.com) - Less than a third (31%) of business owners in a recent Wells Fargo/Gallup Small Business Index survey said their businesses...

Administration | August 29th, 2011

SEC Charges Two Florida Men in Ponzi Scheme Defrauding Teachers and Retirees

August 29, 2011 (PLANSPONSOR.com) – The Securities and Exchange Commission (SEC) charged two Florida men with operating a Ponzi scheme disguised as a private equity fund that...

Administration | August 29th, 2011

State Court Orders Sonoma County Pension Board to Release Records

August 29, 2011 (PLANSPONSOR.com) – A state appellate court has upheld a lower court ruling requiring the disclosure of...

Administration | August 29th, 2011

Fannie Mae’s Conservator Sued by Pension Funds Group Over Recovery Limit

August 29, 2011 (PLANSPONSOR.com) – A pension fund investors group sued Fannie Mae’s conservator over a...

Administration | August 26th, 2011

Aging Population a Problem for Chinese Pension

August 26, 2011 (PLANSPONSOR.com) - China's rapidly aging population poses serious challenges to the introduction of an affordable comprehensive pension system, a top legislator has said.

Administration | August 26th, 2011

Study Shows DC Plans Would Cost Texas Taxpayers More Money

August 26, 2011 (PLANSPONSOR.com) – Pension Trustee Advisors (PTA), a consultancy on public pension systems, says its study has...

Administration | August 25th, 2011

Pension Funding Remains Credit Concern for U.S. Corporate Issuers

August 25, 2011 (PLANSPONSOR.com) - The potential for elevated pension contributions in the coming years—given potential negative asset returns in 2011 and more conservative asset allocations by plan...

Administration | August 25th, 2011

Poll Finds More Pensions Using Investing Alternatives

August 25, 2011 (PLANSPONSOR.com) – An SEI Quick Poll shows a significant increase in the percentage of pension portfolios...

Administration | August 24th, 2011

Regulators Seek Comment on Stable Value Contract Study

August 24, 2011 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have approved for publication in the Federal Register a request...

Administration | August 24th, 2011

Study Shows 67% of Parents Saving For Childrens' College Costs

August 24, 2011 (PLANSPONSOR.com) – Results from Fidelity Investments fifth annual College Savings Indicator study found significant shifts in...

Administration | August 23rd, 2011

CII Urges SEC to File Petition

August 23, 2011 (PLANSPONSOR.com) - The Council of Institutional Investors (CII) and 14 members sent a letter on August 19 to urge the Securities and Exchange Commission to...

Administration | August 23rd, 2011

SD Retirement System Recovers Investment Losses

August 23, 2011 (PLANSPONSOR.COM) - According to BusinessWeek, the South Dakota Retirement System ended its latest financial year with $1.6 billion more than it...

Administration | August 22nd, 2011

J.P. Morgan Cites Institutional Investor Trends

August 22, 2011 (PLANSPONSOR.com) - J.P. Morgan said it is seeing many of its clients actively taking advantage of the down markets to rebalance and get back to...