CalPERS to Delay Asking State for Money
June 1, 2010 (PLANSPONSOR.com) - The board of the California Public Employees Retirement System (CalPERS) has decided to delay asking the state for more money to pay for...
Administration
PA Plans Hold Life Insurance Settlement Investments
June 1, 2010 (PLANSPONSOR.com) – Two Pittsburgh, Pennsylvania-area county governments have turned to investing a piece of their pension funds in life insurance settlements as a volatility hedge.
CalPERS Announces New Method for Submitting Investment Proposals
May 28, 2010 (PLANSPONSOR.com) - External money managers seeking business with the California Public Employees’ Retirement System (CalPERS) will soon be able to use the Internet to send...
Multiemployer Programs Face Numerous Challenges
May 27, 2010 (PLANSPONSOR.com) – Demographic changes and other trends in society have only served to dramatically increase the funding pressure on multiemployer pension plans, a Government Accountability...
Rate of Return Tops List of Info Investors Want
May 24, 2010 (PLANSPONSOR.com) - DALBAR, Inc. has released its national study of what investors expect to see in a statement from financial services companies.
Poll Finds Simplified Annuity Activity on the Horizon
May 24, 2010 (PLANSPONSOR.com) – Nearly two-thirds of insurers and others in a recent survey indicated that they either offer simplified annuities or plan to do so in...
Mission Compatibility Moves Unitarians Toward a New Recordkeeper
May 24, 2010 (PLANSPONSOR.com) - The Unitarian Universalist Association has decided to dump its incumbent recordkeeper for reasons that have nothing to do with its...
House Bill Carries Pension Funding Relief
May 21, 2010 (PLANSPONSOR.com) – A bill expected to be considered by the U.S. House of Representatives on May 25 includes long-awaited pension funding relief measures, according to...
IL TRS Launches Search for International Bond Manager
May 21, 2010 (PLANSPONSOR.com) - The Board of Trustees of the Teachers’ Retirement System has launched a nationwide search for a money management firm to oversee an allocation...
Bill Encourages Diversity among CA Pension Investment Managers
May 21, 2010 (PLANSPONSOR.com) - California's public pension funds would have to report the ethnicity and gender of some of the outside investment managers they hire under a...
Golden State Placement Agent Bill Stalls in Committee
May 21, 2010 (PLANSPONSOR.com) – A move to limit pension placement agents’ influence over California’s public pension programs came to a halt this week when a measure containing...
FRC Recommends Restructure of Target-date Funds
May 20, 2010 (PLANSPONSOR.com) - In a new study, “Rethinking Lifecycle Funds,” Financial Research Corporation says that while target-date funds are being marketed as a total retirement solution,...
Goldman Makes a Grab for 401(k) Business
May 19, 2010 (PLANSPONSOR.com) – Goldman Sachs, now fighting a U.S. government fraud lawsuit over whether it misled investors, is apparently making a serious play for more 401(k)...
Study Makes a Case for Increasing MOSERS Staff Pay
May 18, 2010 (PLANSPONSOR.com) - A study by CBIZ Human Capital Services of St. Louis makes a case for giving Missouri State Employees Retirement System staff higher base...
More Boards Demanding Quicker CEO Results
May 18, 2010 (PLANSPONSOR.com) – Booz & Company’s latest study of CEO succession found that corporate boards continue to hire insiders, are more often splitting the CEO/Chairman role,...
Investors Turn to U.S. Equities in Face of Eurozone Concerns
May 18, 2010 (PLANSPONSOR.com) - Investors have sought refuge in U.S. markets in the week that eurozone states delivered a financial package to allay sovereign debt concerns, according...
Private Equity Investors Bullish on the Market’s Future
May 17, 2010 (PLANSPONSOR.com) - Nearly four out of five private equity investors, or limited partners (LPs), say their allocations to the asset class would remain at current...
RI Public Employee Unions Fight Cutbacks in Court
May 17, 2010 (PLANSPONSOR.com) – A coalition of Rhode Island public employee unions has gone to court to challenge state benefit cutbacks.
NJ Officials: Benefits Changes are Legal
May 17, 2010 (PLANSPONSOR.com) – New Jersey Attorney General Paula T. Dow has asserted that changes in government worker pensions and benefits should not be disturbed in court...
Principal Real Estate Fund Makes Another Payment
May 17, 2010 (PLANSPONSOR.com) – The Principal has made another liquidation instalment on its frozen real estate fund.