2010 Sees Better Dividend Payments
January 6, 2011 (PLANSPONSOR.com) - Standard & Poor's announced that of the approximately 7,000 publicly owned companies that report dividend information to Standard & Poor's, only 28 decreased...
Administration
Report Sees a Busy 2011 for Workplace Lawsuits
January 6, 2011 (PLANSPONSOR.com) – 2010 was an extraordinarily busy and important year when it came to employment-related class action lawsuits and 2011 could be even more so,...
Valuation Committees Becoming the Norm for Asset Managers
January 5, 2011 (PLANSPONSOR.com) – A new Pricewaterhouse Coopers (PwC) survey finds asset managers are more focused on valuation processes in light of new customer and regulator demands...
Mercer Finds U.S. Pension Funded Status Declined in 2010
January 5, 2011 (PLANSPONSOR.com) - The deficit in pension plans sponsored by S&P 1500 companies increased by $86 billion in 2010, from a deficit of approximately $229 billion...
Pension Plan Funded Status Improved in December
January 5, 2011 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan climbed 3.8 percentage points higher to 84.3% in December 2010, the best position...
Companies not Quite Ready for Say on Pay
January 5, 2011 (PLANSPONSOR.com) - U.S. companies are split on how frequently they should put their executive compensation programs to a nonbinding say-on-pay shareholder vote, according to a...
Pension Funding Ratios up 11% in Q4 2010
January 4, 2011 (PLANSPONSOR.com) - Legal & General Investment Management America’s Pension Fiscal Fitness Monitor indicates that pension funding ratios increased11% in the fourth quarter of 2010.
Mutual Funds See $900B Net Inflows in 2010
January 3, 2011 (PLANSPONSOR.com) - Worldwide, mutual funds added over $900 billion in long-term net gains for 2010, according to a report from Strategic Insight, an Asset International...
Pittsburgh Council Pulls Off Pension Fix
December 31, 2010 (PLANSPONSOR.com) – With a deadline looming, Pittsburgh’s City Council voted unanimously to override a mayoral veto and stave off a state takeover...
2008 5500 Filings Track DB, DC Plan Trends
December 31, 2010 (PLANSPONSOR.com) – A review of the Form 5500 filings from 2008 confirms what even the most casual pension observer knows - the...
Pittsburgh Pressing to Prevent Pension Pick-Up
December 31, 2010 (PLANSPONSOR.com) – Putting Pittsburgh’s pension problems to bed is proving to be complicated.
Rattner Settles NY Pay to Play Charges for $10M
December 30, 2010 (PLANSPONSOR.com) – Steven Rattner, former founding principal of private equity firm Quadrangle Group and former Obama administration car czar, has agreed to a $10-million settlement...
Pittsburgh Inches Closer to Pension Funding Crisis Resolution
December 30, 2010 (PLANSPONSOR.com) – Pittsburgh City Council members said a pension bailout package they pushed through Wednesday will avert a state takeover of the pension fund,
Large Public Pension Funds see 6.2% Q3 Asset Hike
December 30, 2010 (PLANSPONSOR.com) – Total holdings and investments for the 100 largest public-employee retirement systems were up 6.2% in the third quarter to $2.5 billion, the U.S....
Ohio SERS Sues Wells over $24M SecLending Loss
December 30, 2010 (PLANSPONSOR.com) – A state of Ohio pension fund has sued Wells Fargo over allegations Wachovia Corp. cost the fund nearly $24 million by mishandling the...
Pension Funds Named as BP Oil Spill Suit Lead Plaintiffs
December 29, 2010 (PLANSPONSOR.com) – A federal judge in Texas has tapped the New York and Ohio state pension funds to serve as lead plaintiffs in the litigation...
Unveiling Scheduled for Potential Pittsburgh Pension Crisis Fix
December 28, 2010 (PLANSPONSOR.com) – Pittsburgh City Council President Darlene Harris was scheduled Tuesday morning to unveil a plan to resolve the city’s pension crisis three days ahead...
401(k) Participant Wins FINRA Arbitration
December 27, 2010 (PLANSPONSOR.com) – A 401(k) participant who claimed Morgan Stanley caused significant losses in his account by not moving money out of the stock market when...
Stock Compensation Planning in the Aftermath of the Tax Relief Act
December 27, 2010 (PLANSPONSOR.com) – Those scrambling to deal with the potential implications of a change in tax rates may find the 2010 Tax Relief...
Saving More a Popular 2011 New Year's Resolution
December 27, 2010 (PLANSPONSOR.com) – A new Harris Poll finds 22% of those surveyed pledging to save more for retirement while 40% have set as a goal saving...