Administration

Administration | May 31st, 2011

Proposals to Cut Retirement Savings Incentives “Faulty”

May 31, 2011 (PLANSPONSOR.com) - Proposals to scale back or eliminate retirement savings tax incentives for 401(k) plans not only endanger the ability of low- and moderate-income workers...

Administration | May 31st, 2011

No Load Shares Dominate Fund Sales

May 31, 2011 (PLANSPONSOR.com) - No Load share classes, particularly those without 12b-1 fees, have grown to become the single most important share class in mutual fund sales...

Administration | May 31st, 2011

Study Says Committee Styles Mirror Members

May 31, 2011 (PLANSPONSOR.com) – The vast majority of investment committee members surveyed said they prefer a democratic approach.

Administration | May 30th, 2011

Public Pension Funding and Valuation Methods Vary Globally

May 31, 2011 (PLANSPONSOR.com) – The valuation and disclosure of public pension promises in some countries lacks transparency, which may be hiding potentially huge fiscal liabilities that are...

Administration | May 27th, 2011

Markets Narrow S&P 500 Pension Funding Gap

May 27, 2011 (PLANSPONSOR.com) – While the global market rebound in 2010 was certainly a welcome respite for pension funding, it didn’t do much to...

Administration | May 27th, 2011

PBGC Board Approves New Investment Policy

May 27, 2011 (PLANSPONSOR.com) - The Board of Directors of the Pension Benefit Guaranty Corporation has unanimously adopted a new investment policy, though it’s not...

Administration | May 27th, 2011

Retirement Plan Tax Benefits Decreased Household Stock Ownership

May 27, 2011 (PLANSPONSOR.com) - A new study from the Stanford Graduate School of Business shows that household stock ownership decreases as the tax benefits associated with owning...

Administration | May 27th, 2011

Foundations, Charities Returns Remain in Double Digits

May 27, 2011 (PLANSPONSOR.com) - Two companion studies of foundations and operating charities show that investment returns were in the range of 12% in FY2010 – the second...

Administration | May 26th, 2011

Segal Contends Market Value Pension Measurements not Useful

May 26, 2011 (PLANSPONSOR.com) - A new issue of Segal’s Public Sector Letter discusses why the market value of liabilities (MVL) is a misleading methodology for valuing public...

Administration | May 25th, 2011

JPMorgan Targeted in Pension Fund Suit against Hedge Fund

May 25, 2011 (PLANSPONSOR.com) - Highland Capital Management LP and JPMorgan Chase & Co. are being sued by a Houston pension plan over claims that willful looting led...

Administration | May 25th, 2011

KY Governor’s Actions with Pension Systems Questioned

May 25, 2011 (PLANSPONSOR.com) – Following reviews of the roles of placement agents with Kentucky’s retirement systems, some actions of Governor Steve Beshear are being questioned.

Administration | May 24th, 2011

Income Annuity Holders Could Use More Information

May 24, 2011 (PLANSPONSOR.com) - Financial advisers and their clients would benefit from receiving more precise information about their existing immediate income annuity contracts, according to a new...

Administration | May 24th, 2011

Most IRA Assets in Equities

May 24, 2011 (PLANSPONSOR.com) - New research from the Employee Benefit Research Institute (EBRI) IRA Database finds that almost 40% of IRA assets are invested in equities, just...

Administration | May 24th, 2011

FTSE Finds Four-Fold Growth in ESG Investments over Decade

May 24, 2011 (PLANSPONSOR.com) - A new report, “FTSE4Good: 10 years of impact & investment” finds almost a four-fold growth in ESG investments over the decade to $10.1...

Administration | May 24th, 2011

Another Sentenced in NY Pension Pay-to-Play Probe

May 24, 2011 (PLANSPONSOR.com) - The former boss of New York's Liberal Party has been sentenced to a conditional discharge for his role in a pay-to-play scandal involving...

Administration | May 23rd, 2011

FINRA Fines Nuveen $3M over Auction Rate Securities Marketing

May 23, 2011 (PLANSPONSOR.com) - The Financial Industry Regulatory Authority (FINRA) has fined Nuveen Investments, LLC $3 million for creating misleading marketing materials used in sales of auction...

Administration | May 23rd, 2011

Report Says It May be Time to Consider Real Assets

May 23, 2011 (PLANSPONSOR.com) – A new report from State Street’s SPDR University suggests that, with rising food and gas prices slowly beginning to push inflation higher, investors...

Administration | May 23rd, 2011

Institutional Demand for ETFs Increasing

May 23, 2011 (PLANSPONSOR.com) - Institutional investors are increasingly bullish on using exchange-traded funds (ETFs) in their portfolios, according to a new study.

Administration | May 23rd, 2011

Small Number of Blockbuster Products Gain Most of Assets

May 23, 2011 (PLANSPONSOR.com) – Institutional asset holders since the financial crisis, in a back-to-basics environment, are selecting fewer strategic partners and even fewer products, according to a...

Administration | May 22nd, 2011

Small Cap Dominates Institutional Product Performance in Q1 2011

May 23, 2011 (PLANSPONSOR.com) - Investment Metrics’ (IM) analysis of approximately 6,200 institutional separate account composites and commingled fund products finds the U.S. Small Cap category topped the...