DB Funding Relief Great but Temporary
August 2, 2010 (PLANSPONSOR.com) – Defined benefit sponsors have the potential to receive billions of dollars in temporary pension funding relief as a result of legislation signed into...
Administration
CFOs More Cautious Due to Financial and Health Care Reform
July 30, 2010 (PLANSPONSOR.com) – Chief Financial Officers are expressing less confidence and more caution, with realizations that the U.S. economy and their own businesses may still be...
Less Active Investors Seeking Help
July 30, 2010 (PLANSPONSOR.com) - Fidelity Investments has released research data that finds varying investor reaction and behavior to the ongoing market volatility.
MA Pension Program Enjoys 12.8% Return in FY 2010
July 30, 2010 (PLANSPONSOR.com) – The Massachusetts Pension Reserves Investment Management (PRIM) Board announced that its Pension Reserves Investment Trust Fund (PRIT) enjoyed a 12.8%-return for the 2010...
NY Judge Tosses Some Morris Pay to Play Charges
July 30, 2010 (PLANSPONSOR.com) – While the array of charges against political consultant Hank Morris in a New York state pension pay-to-play case has been pared down, Morris...
Study Indicates Costs Influence Investor Selections
July 28, 2010 (PLANSPONSOR.com) - The investing public has realized that costs matter when selecting mutual funds or exchange-traded funds (ETFs), according to a recent Vanguard Group study.
China Pension Fund to Seek Private Equity Investments
July 28, 2010 (PLANSPONSOR.com) - The chairman of China's national pension fund said the fund plans to seek investments in private equity outside China and to hire fund...
Class Action Suit Filings Slow in 2010
July 27, 2010 (PLANSPONSOR.com) – The pace of federal securities class action suits slowed in the first half of 2010, with filings on track to decline for a...
Select Sector SPDR Trust Launches Trademark Suit Against PowerShares
July 26, 2010 (PLANSPONSOR.com) - The Select Sector SPDR Trust has sued a competitor for “creating investor confusion” by using ETF ticker symbols it says...
Dow Jones Announces Index Methodology Enhancements
July 26, 2010 (PLANSPONSOR.com) - Dow Jones Indexes has announced enhancements to the methodology of the Dow Jones Global and U.S. Total Stock Market indexes as well as...
Knight Capital Group to Acquire Astor Asset Management
July 26, 2010 (PLANSPONSOR.com) - Knight Capital Group, Inc. announced that it has agreed to acquire Astor Asset Management, LLC, a money management firm specializing in macro-economic strategy...
T. Rowe Expands Australian Footprint
July 26, 2010 (PLANSPONSOR.com) - T. Rowe Price is adding equity investment management and research capabilities “down under”.
Miller Demands PBGC Auditor Probe
July 26, 2010 (PLANSPONSOR.com) – A key U.S. House lawmaker has demanded that the Pension Benefit Guaranty Corporation (PBGC) get to the bottom of allegations an auditing contractor...
Principal Real Estate Fund Queues Up Another Payment
July 24, 2010 (PLANSPONSOR.com) – Principal’s frozen real estate fund has made another payment.
“Side Deal” Snags Prison Term for Utah Pension Analyst
July 23, 2010 (PLANSPONSOR.com) - A former Utah Retirement Systems employee has been sentenced to a year in jail for trying to set up a...
Aon: Pension Relief Impact Varies
July 23, 2010 (PLANSPONSOR.com) – A recent report by Aon Consulting suggests that defined benefit plans will be impacted in different ways by recent pension...
AARP to Liquidate Mutual Funds
July 23, 2010 (PLANSPONSOR.com) - AARP said it will liquidate its lineup of stock and bond funds.
NY State Fund Sues BofA, Merrill
July 22, 2010 (PLANSPONSOR.com) – New York state Comptroller Thomas DiNapoli has filed separate suits against Bank of America (BofA) and its Merrill Lynch unit for losses connected...
Canadian Pension Assets Decline in Q2 2010
July 22, 2010 (PLANSPONSOR.com) - Faltering global equity markets contributed to a decline in pension assets in the June quarter, according to a survey by RBC Dexia Investor...
NYC Pensions Take Hedge Fund Plunge
July 22, 2010 (PLANSPONSOR.com) – For the first time, New York City Comptroller John C. Liu has released a request for proposal (RFP) to find a hedge...