Officials Triple U.K. Pension Tax Income
April 12, 2010 (PLANSPONSOR.com) – U.K. Treasury officials have tripled their estimate of the one-time cost that pension plans, employers, and individuals will have to pay due to...
Administration
MO House Okays Terror Investment Ban
April 9, 2010 (PLANSPONSOR.com) – The Missouri House has given preliminary approval to a bill that would ban state retirement plans, including the Missouri State Employees Retirement System (MOSERS),...
Future for State and Local Government Pension Funding not Bright
April 9, 2010 (PLANSPONSOR.com) – An update on the funding status of state and local government pension plans shows that while states and localities were on a path...
Securities Litigation Declined in 2009
April 8, 2010 (PLANSPONSOR.com) - Securities litigation declined significantly in 2009 compared with 2008, according to a study by accounting firm and consultant PricewaterhouseCoopers.
Federal Charges Dismissed for Former SDCERS Officials
April 8, 2010 (PLANSPONSOR.com) – A federal court has dismissed fraud charges against former San Diego City Employees’ Retirement System officials relating to benefits contributions in 2002.
SDCERS Loses Effort to Get More Pension Funding from City
April 8, 2010 (PLANSPONSOR.com) - A California judge has rejected a $177 million claim by the San Diego City Employees' Retirement System against the city.
Plan Sponsors Continue Use of Stable Value, but Lack Understanding
April 7, 2010 (PLANSPONSOR.com) - Throughout the turbulent economic environment of the last several years, stable value has continued to offer a safe haven for defined contribution plan...
Multiemployer Funding Picture Brightening
April 7, 2010 (PLANSPONSOR.com) – An analysis of the Pension Protection Act funding status of 227 Segal Company multiemployer clients on a calendar status found 54% are in the...
Institutional Investment Managers Expect Volatility and Growth
April 7, 2010 (PLANSPONSOR.com) - Institutional investment managers are anticipating increased market volatility and higher interest rates, but remain bullish on corporate profits and global economic growth in...
Pensions See Modest 2009 Uptick
April 7, 2010 (PLANSPONSOR.com) –The financial health of the nation’s 100 largest corporate pension plans improved modestly in 2009, largely due to strong stock market returns.
Institutional Investors Increasingly Turning to ETFs
April 7, 2010 (PLANSPONSOR.com) - Institutional investors are finding that exchange-traded funds can be helpful tools in portfolio management tasks such as cash equitization, transition management, rebalancing, and...
State Street Wins $2.1M MA Pension Investment Mandate
April 6, 2010 (PLANSPONSOR.com) - State Street Corp. won two mandates to invest a total of $2.1 billion for Massachusetts’ public pension fund.
DB Plans’ Funded Ratio Ticks Up in Q110
April 6, 2010 (PLANSPONSOR.com) - The UBS Global Asset Management US Pension Fund Fitness Tracker found the typical pension plan ended the first quarter with an increase in...
Mercer Finds Corporate Plans Changing Allocations Seeking Recovery
April 6, 2010 (PLANSPONSOR.com) – Mercer says it believes that many sponsors are planning ahead seeking ways to prevent the dramatic declines in funded status observed in 2002...
Former TCW Fund Manager Launches New Funds
April 5, 2010 (PLANSPONSOR.com) - DoubleLine Funds Trust will launch two open-end mutual funds on Tuesday April 6, 2010.
Pension Funding Reaches Best Level Since Market Crash
April 5, 2010 (PLANSPONSOR.com) - A strong March rally in U.S. and international stocks drove the value of U.S. corporate pension plan assets higher, resulting in the best...
Second Thoughts Emerge on SDCERA Outsourcing Deal
April 2, 2010 (PLANSPONSOR.com) – The San Diego County pension system may not be outsourcing its investment management function, after all.
Court Dismisses Pension Fund's Shareholder Suit against AIG
March 31, 2010 (PLANSPONSOR.com) - A federal judge has dismissed a shareholder lawsuit accusing current and former American International Group Inc. executives and directors of ignoring “red flags”...
Detroit Opposes Pension Takeover
March 31, 2010 (PLANSPONSOR.com) - The Detroit City Council has unanimously voted to oppose state legislation that would turn over management of the city's pension systems to the...
Agency Reaffirms Illinois' Bond Ratings
March 30, 2010 (PLANSPONSOR.com) - The Illinois Governor’s Office of Management and Budget has announced that both Moody’s and Standard & Poor's have reaffirmed the state’s long-term bond...