Administration

Administration | February 3rd, 2010

DB Sponsors Face Significantly Higher Contributions in 2010

February 3, 2010 (PLANSPONSOR.com) - The funded status for most pension plans is anticipated to decline significantly and pension plan sponsors face sharply higher contributions for 2010, according...

Administration | February 3rd, 2010

Towers Watson Finds DB Plans Outperformed DC Plans

February 3, 2010 (PLANSPONSOR.com) - Rates of return for defined benefit (DB) pension plans outpaced those for defined contribution (DC) plans, including 401(k) plans, in 2007 and 2008,...

Administration | February 3rd, 2010

U.K. Purple Book Presents Latest Pension Data

February 3, 2010 (PLANSPONSOR.com) – The latest data on the impact of the worldwide economic slowdown on U.K. pension plans shows that the aggregate funding deteriorated from a...

Administration | February 3rd, 2010

Funding Status of U.S. Pensions Declined in January

February 3, 2010 (PLANSPONSOR.com) - Sliding stock markets and rising liabilities combined to reduce the funded status of the typical U.S. corporate pension plan in January - the...

Administration | February 2nd, 2010

Hedge Fund Launches Declined 36% in 2009

February 2, 2010 (PLANSPONSOR.com) - Assets raised by hedge fund startups in 2009 fell 36% from the previous year, according to the biannual AR New Funds Survey.

Administration | February 1st, 2010

Global Pensions Strengthened in 2009

February 1, 2010 (PLANSPONSOR.com) – Global institutional pension fund assets in the 13 major national markets increased by 15% during 2009, from $20 trillion to more than $23...

Administration | February 1st, 2010

BMW Looking to Transfer UK Pension Liability

February 1, 2010 (PLANSPONSOR.com) - BMW is in talks to offload more than £2.5bn of longevity risks from its UK pension scheme.

Administration | January 30th, 2010

Principal R/E Fund Makes a Distribution

January 30, 2010 (PLANSPONSOR.com) – Sixteen months after imposing a withdrawal freeze, the Principal has made a partial distribution to participants.

Administration | January 29th, 2010

Judge Dismisses Ratings Agency Lawsuit

January 29, 2010 (PLANSPONSOR.com)–A federal judge in New York has thrown out a lawsuit by two pension funds against the major U.S. financial ratings agencies over the agencies’...

Administration | January 28th, 2010

Market Troubles Hit Multiemployer Plans Hard

January 28, 2010 (PLANSPONSOR.com) – A new Segal Company report shows a deterioration in the funding status of more than 360 multiemployer client plans between 2008 and 2009...

Administration | January 28th, 2010

Law Firm Probes Potential Motorola Stock Drop Case

January 28, 2010 (PLANSPONSOR.com) – A Pennsylvania law firm has announced it is considering filing a stock drop lawsuit against Motorola Inc.

Administration | January 28th, 2010

Study Confirms Tough Year for Endowments

January 28, 2010 (PLANSPONSOR.com) – Final data from the 2009 NACUBO-Commonfund Study of Endowments (NCSE) shows an average return of -18.7% (net of fees) for the 2009 fiscal...

Administration | January 27th, 2010

SEC Draws Attention to Climate Change Reporting

January 27, 2010 (PLANSPONSOR.com) – The Securities and Exchange Commission (SEC) hasn’t taken a position on climate change – but it has offered some new guidance...

Administration | January 27th, 2010

CO Senate Panel OKs PERA Fix

January 27, 2010 (PLANSPONSOR.com) – A Colorado state Senate panel has approved a deal brokered by Senate leaders to rescue the state pension system by increasing employer and...

Administration | January 26th, 2010

Charges Dismissed for Five Former San Diego Pension Board Members

January 26, 2010 (PLANSPONSOR.com) – In a unanimous decision, the California State Supreme Court dismissed criminal charges against five former members of the San Diego City Employees Retirement...

Administration | January 26th, 2010

Being Socially Responsive Can Help Employee Engagement

January 26, 2010 (PLANSPONSOR.com) – A new Canadian study asserts that employers who follow socially and environmentally friendly practices get their money’s worth in increased employee engagement.

Administration | January 26th, 2010

2009 Ends up a Good Year for Institutional Investors

January 26, 2010 (PLANSPONSOR.com) - U.S. Institutional investment plan sponsors realized strong double-digit returns in 2009, with a solid fourth quarter capping a year of extreme highs and...

Administration | January 25th, 2010

CalPERS Writes Off Stake in Big Apple Apt. Complex

January 25, 2010 (PLANSPONSOR.com) – With the owners of a giant New York City apartment complex deciding to turn the keys back over to their creditors, the California...

Administration | January 25th, 2010

Former Morgan Stanley Adviser Agrees to $80K SEC Settlement

January 25, 2010 (PLANSPONSOR.com)–A former Morgan Stanley institutional financial adviser has settled Securities and Exchange Commission (SEC) charges of securities law violations for not properly disclosing his conflicts...

Administration | January 24th, 2010

MOSERS Board Votes to Drop Staff Bonuses

January 24, 2010 (PLANSPONSOR.com) - The Missouri State Employees Retirement System (MOSERS) board voted 8-1 Thursday to discontinue bonuses and automatic cost-of-living raises for the system's...