Administration

Administration | March 5th, 2010

SEC Accuses L.A. Investment Firm of Scheme against Retirees

March 5, 2010 (PLANSPONSOR.com) - The Securities and Exchange Commission has filed fraud charges against a Los Angeles-based investment advisory firm and its principal and obtained an emergency...

Administration | March 5th, 2010

PLUGGED IN – What's an ERISA Account?

ERISA accounts, sometimes referred to as ERISA "budgets," have gained increased prominence in recent months as part of a renewed focus on 401(k) plan fees and expenses.

Administration | March 4th, 2010

Stocks not Abandoned, not Pursued

March 4, 2010 (PLANSPONSOR.com) - Most mutual fund investors did not abandon stocks during the market decline of 2008-09, but have not shown considerable interest in adding to...

Administration | March 1st, 2010

Bond Fund Investors Beware

March 1, 2010 (PLANSPONSOR.com) – A new report from Morningstar warns those who flocked to bond funds in 2009 that even those investments aren't immune to volatility.

Administration | March 1st, 2010

NJ Senate Takes on Pension Reform

March 1, 2010 (PLANSPONSOR.com) – New Jersey has taken another step toward closing its pension funding gap – but it won’t be pretty.

Administration | March 1st, 2010

MSCI Acquires RiskMetrics

March 1, 2010 (PLANSPONSOR.com) – MSCI Inc. has this morning announced plans to acquire RiskMetrics Group, Inc., a provider of risk management and corporate governance products...

Administration | February 26th, 2010

Ohio Fund Issues Two Investment RFPs

February 26, 2010 (PLANSPONSOR.com) – The Ohio Highway Patrol Retirement System has released two new requests for proposals (RFPs).

Administration | February 26th, 2010

AIG Settles with Oregon Pension Fund

February 26, 2010 (PLANSPONSOR.com) – American International Group (AIG) has agreed to pay $8 million to settle a lawsuit over losses to the Oregon Public Employees Retirement Fund.

Administration | February 25th, 2010

Oppenheimer Settles with MA over Auction-rate Securities

February 25, 2010 (PLANSPONSOR.com) – The Massachusetts securities regulator announced that Oppenheimer & Co has agreed to redeem auction-rate securities sold in the state before that market locked...

Administration | February 24th, 2010

Report Highlights Public and Private Pension Disparities in Wisconsin

February 24, 2010 (PLANSPONSOR.com) – With the hope of spurring pension reform that helps solve the state's budget problem, the Wisconsin Policy Research Institute has released a report...

Administration | February 24th, 2010

Ohio Pension Funds to Lead Class Action against AIG

February 24, 2010 (PLANSPONSOR.com) - A federal judge has granted class action status to shareholders suing insurance giant American International Group.

Administration | February 23rd, 2010

Study Finds Pension Plan Sponsors More Focused on Liabilities

February 23, 2010 (PLANSPONSOR.com) – Risk management remains a key area of concern for pension plan sponsors, but their focus is shifting, according to a new...

Administration | February 23rd, 2010

RIAs Say $1M in Retirement Savings Is not Enough

February 23, 2010 (PLANSPONSOR.com) – While $1 million is frequently referenced by Americans as a standard level of retirement savings for average families, a new survey finds most...

Administration | February 23rd, 2010

WV County School Boards File Suit over OPEB Funding

February 23, 2010 (PLANSPONSOR.com) - A lawsuit has been filed on behalf of 50 of West Virginia’s 55 county boards of education regarding the reporting and funding of...

Administration | February 23rd, 2010

Schwab Finds Target-date Funds Performed Well

February 23, 2010 (PLANSPONSOR.com) – In examining the performance of its suite of target-date funds during the previous two years, Schwab found many funds outperformed the overall market...

Administration | February 19th, 2010

Rosy Picture at CT State Pension Fund

February 19, 2010 (PLANSPONSOR.com) - Connecticut State Treasurer Denise L. Nappier said Connecticut’s state pension fund saw assets grow by $2.7 billion over the first six months of...

Administration | February 19th, 2010

NYC Redraws Pension Placement Agent Regs

February 19, 2010 (PLANSPONSOR.com) - With heightened attention being paid around the country to the role of private placement agents at public pension plans, New York City is...

Administration | February 18th, 2010

Groups Dissect Pew Report on State Retiree Benefit Funding

February 18, 2010 (PLANSPONSOR.com) - The National Association of State Retirement Administrators (NASRA) and the National Council on Teacher Retirement (NCTR) commended the Pew Center on the States...

Administration | February 18th, 2010

CalPERS Calls out Firms not Responding to Placement Agent Info Request

February 18, 2010 (PLANSPONSOR.com) – The California Public Employees Retirement System (CalPERS) has released a list of 11 firms with which it has invested that did not reply...

Administration | February 18th, 2010

States Face $1Trillion Retirement Benefits Funding Gap

February 18, 2010 (PLANSPONSOR.com) - There was a $1 trillion gap at the end of fiscal year 2008 between the $2.35-trillion states had set aside to pay for...