Illinois TRS Reports 23% Increase in Assets Since 2009
May 20, 2011 (PLANSPONSOR.com) - The Illinois Teachers’ Retirement System Board of Trustees reported total assets of $37.3 billion at the end of March 2011, a 23% increase...
Administration
529 Plan Assets Increase Nearly 6% in Q1 2011
May 20, 2011 (PLANSPONSOR.com) - Total 529 savings plan assets increased to an estimated $146 billion as of 1Q11, reflecting a 5.8% increase from 4Q10 assets of $138...
Graduates Advise Saving Early for College Costs
May 20, 2011 (PLANSPONSOR.com) - According to the Fidelity Cost-Conscious College Graduates Survey, while two-thirds (66%) of the Class of 2011 who are graduating with debt say the...
CT Town Wants Court to Allow Claims for Madoff Losses
May 20, 2011 (PLANSPONSOR.com) - Lawyers representing Fairfield, Connecticut, have asked the state's Appellate Court to reverse a lower court ruling that the town cannot make claims for...
NH Repeals Retirement System Sudan Divestiture Law
May 20, 2011 (PLANSPONSOR.com) – New Hampshire Governor John Lynch has signed into law a bill repealing the state law requiring the divestiture of retirement system assets from...
Asset Management Margins Down Slightly
May 18, 2011 (PLANSPONSOR.com) - Based on the earnings results of publicly-traded asset managers, kasina found that overall, the first quarter of 2011 witnessed a slight drop in...
Number of Green Zone Multi-Employer Plans Increased
May 18, 2011 (PLANSPONSOR.com) – The proportion of green zone multi-employer pension plans continues to increase, according to The Segal Company’s Survey of Calendar-Year Plans’ 2011 Zone Status.
Manager Search Activity Down Slightly in the U.S. in 2010
May 17, 2011 (PLANSPONSOR.com) – Bucking the global trend, in the U.S., investment manager searches were down slightly (6%), according to data released by Mercer.
CalPERS Develops Divestment Plan for Remaining Iran, Sudan Holdings
May 17, 2011 (PLANSPONSOR.com) – The nation’s largest public pension plan has developed a plan to divest its holdings of stocks in companies doing business...
Majority of Employees Have Financial Stress
May 16, 2011 (PLANSPONSOR.com) – Eighty-six percent of employees surveyed by Financial Finesse report having at least some financial stress.
Master Trusts See Third Quarter of Positive Returns
May 13, 2011 (PLANSPONSOR.com) - The median return of the BNY Mellon U.S. Master Trust Universe was 3.68% for the first quarter of 2011, marking the third consecutive...
Retail Separate Accounts a New Opportunity for Institutional Asset Managers
May 12, 2011 (PLANSPONSOR.com) – Cerulli says new opportunities can be recognized in the retail separate accounts industry by institutional asset managers that are willing to pursue them.
Most Affluent Plan Participants not Completely Satisfied with Provider
May 11, 2011 (PLANSPONSOR.com) - According to a new report released by Cogent Research, less than half of affluent investors are completely satisfied with their current employer-sponsored retirement...
SunTrust buys CSI Capital Management
May 11, 2011 (PLANSPONSOR.com) – SunTrust Banks, Inc. has acquired the assets of CSI Capital Management, a San Francisco based wealth management firm.
Pre-Retirees Working with Financial Adviser More Confident
May 10, 2011 (PLANSPONSOR.com) - The majority (54%) of pre-retiree households that have a professional financial adviser feel confident they will be able to live the retirement lifestyle...
DB Sponsors Increasingly Adopting LDI Strategies
May 10, 2011 (PLANSPONSOR.com) - A new survey from Aon Hewitt found that pension plan sponsors are shifting their asset allocation away from domestic equities in favor of...
Peru Lawmakers Propose Bill to Prevent Pension Takeover
May 6, 2011 (PLANSPONSOR.com) - A proposal before Peruvian lawmakers aims to protect $30 billion in private pension funds from takeover by future governments.
S&P 1500 Pension Deficits Decrease by $4B in April
May 5, 2011 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies decreased by approximately $4 billion during April, from a deficit of approximately...
Pension Funding Sees 8th Consecutive Month of Improvement
May 5, 2011 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan in April rose 0.7 percentage points to 89.2%, the eighth consecutive month of...
Fair-Value Measure Truer Picture of Public Pension Costs
May 5, 2011 (PLANSPONSOR.com) – An Issue Brief from the Congressional Budget Office suggests that the fair-value approach for measuring public pension assets and liabilities provides a truer...