Administration

Administration | July 29th, 2011

OK Probing FOREX Transactions for State Pension Funds

July 29, 2011 (PLANSPONSOR.com) - Oklahoma Attorney General Scott Pruitt announced he is launching an investigation into how various financial institutions are handling state pension investments.

Administration | July 28th, 2011

Madoff Trustee Gets $1B Settlement

July 28, 2011 (PLANSPONSOR.com) - Irving H. Picard, the Trustee for the liquidation of Bernard L. Madoff Investment Securities LLC (BLMIS), announced that he has reached a settlement...

Administration | July 28th, 2011

Inaugural Say-on-Pay Proxy Season Showed Minimal Impact

July 28, 2011 (PLANSPONSOR.com) – Most U.S. public corporations saw a limited immediate impact from the first-ever say-on-pay proxy season, but the majority are planning changes for next...

Administration | July 27th, 2011

Financial Wellbeing a Necessity for Balanced Life

July 27, 2011 (PLANSPONSOR.com) - A Genworth survey has found that more women than men feel financial wellbeing is important to maintaining a balanced life.

Administration | July 27th, 2011

MA State Pension Sees Best Return in 25 Years

July 27, 2011 (PLANSPONSOR.com) - The Massachusetts state pension fund posted a 22.3% gain for the fiscal year ended June 30, its best return in 25 years, Treasurer...

Administration | July 22nd, 2011

Maryland Court of Appeals Holds Actuaries Liable

July 22, 2011 (PLANSPONSOR.com) – The Court of Appeals of Maryland has held the former actuary firm of the state’s retirement system is liable for...

Administration | July 22nd, 2011

U.S. Appeals Court Rejects SEC Proposal

July 22, 2011 (PLANSPONSOR.com) – The U.S. Court of Appeals for the District of Columbia Circuit has rejected a new rule from the Securities and Exchange Commission (SEC),...

Administration | July 22nd, 2011

Average Amount Put Away for Retirement Declines

July 22, 2011 (PLANSPONSOR.com) - Continuing economic turmoil sent the First Command Financial Behaviors Index tumbling six points during the second quarter, reflecting a steady erosion in the...

Administration | July 22nd, 2011

San Diego County Pension Sees 21% FY Return

July 22, 2011 (PLANSPONSOR.com) – The San Diego County Employees Retirement Association (SDCERA) reported preliminary investment returns of more than 21% for fiscal year 2011, adding approximately $1.6...