Oregon PERS Holds Rate Assumption Steady
July 29, 2011 (PLANSPONSOR.com) - The Oregon Public Employees Retirement System (OPERS) has voted 4 to 1 to maintain the system’s assumed rate of return.
Administration
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.
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...
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...
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.
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...
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...
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),...
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...
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...
MD Pension System Posts 20% FY Return
July 21, 2011 (PLANSPONSOR.com) - The Maryland State Retirement and Pension System's portfolio returned 20.04% on investments for the fiscal year that just ended June 30, 2011.
Segal Offers Suggestions on Inflation Protection
July 21, 2011 (PLANSPONSOR.com) – While there are a number of strategies for combating asset-value erosion from inflation, each has strengths and weaknesses.
TABB Offers Insights for Transition Managers
July 21, 2011 (PLANSPONSOR.com) – In a survey of 105 public and private pension funds, endowments and foundations across the United States and Canada, nearly 40% of the...
Adviser Clients Need More Info on Global Investing
July 21, 2011 (PLANSPONSOR.com) - Investors who work with a financial adviser are more likely than those who don’t to think of global investing as an important strategy...
Canadian Pensions See Slight Gain in Q2 2011
July 21, 2011 (PLANSPONSOR.com) - Faltering global equity markets largely erased fixed income advances during the June quarter, according to a survey of Canadian pension plans and money...
Americans Choose Risky Times to Retire
July 20, 2011 (PLANSPONSOR.com) - A new University of Missouri study, sponsored by Prudential Financial, finds that Americans are more likely to retire after periods of strong equity...
New Rules Could Lead to More Pre-funded Retirement Plans in South Korea
July 19, 2011 (PLANSPONSOR.com) – According to a Towers Watson global news brief, in June, South Korea issued the first significant amendment to the Employee Retirement Benefit Security...
CalSTRS Posts Best Investment Return in 25 Years
July 18, 2011 (PLANSPONSOR.com) - The California State Teachers’ Retirement System (CalSTRS) investment portfolio posted a 23.1% return, the highest in 25 years, to mark the end of...
CalPERS Sees Best Performance in 14 Years
July 18, 2011 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) reported a 20.7% return on investments in preliminary estimates for the one-year period that ended June...
Core/Satellite Strategy a Good Start in ETF Investing
July 18, 2011 (PLANSPONSOR.com) - Use of the core/satellite investment strategy has helped drive the growth of ETFs, according to a new study.