Call for Nevada PERS to Disclose Iranian Investments
May 18, 2009 (PLANSPONSOR.com) - A Nevada state legislator is pressing a plan that would track the state pension fund's investments in Iran.
Administration
Jury Convicts Former Monster Exec in Options Backdating
May 14, 2009 (PLANSPONSOR.com) - A federal court jury in New York has convicted James Treacy, former chief operating officer of employment Web site Monster Worldwide, of defrauding...
Asset Allocation Diverging Among DB Corporates, Private Sponsors
May 14, 2009 (PLANSPONSOR.com) -A new Pyramis Global Advisors survey of the country's largest public and corporate defined benefit plan sponsors has found the asset allocation paths taken...
NYC's Thompson Backs SEC Private Placement Agent Regulations
May 14, 2009 (PLANSPONSOR.com) - New York City Comptroller William C. Thompson, Jr. has lent his support to the U.S. Securities and Exchange Commission's (SEC) effort to formulate...
Pension Fund Hits Halliburton with Fiduciary Breach Suit
May 14, 2009 (PLANSPONSOR.com) - The Policemen and Firemen Retirement System of Detroit has filed suit against Halliburton Company and its one-time subsidiary KBR, Inc., over allegations of...
Oklahoma Becomes Latest Ex-Aldus Client
May 14, 2009 (PLANSPONSOR.com) - Beleaguered money manager Aldus Equity Partners LP, continues to lose business relationships.
Regulation Listed as Major Corporate Risk Factor
May 13, 2009 (PLANSPONSOR.com) - Employers cited the current economic slowdown, regulatory and legislative changes, and business interruption as their top risks in Aon's latest Global Risk Management...
Ramirez Enters Pension Probe Guilty Plea
May 12, 2009 (PLANSPONSOR.com) - As expected, New York state Attorney General Andrew M. Cuomo on Tuesday announced that Julio Ramirez, an unlicensed placement agent formerly associated with...
Guilty Plea Expected from West Coast Placement Agent in Pension Probe
May 12, 2009 (PLANSPONSOR.com) - The Wall Street Journal is reporting that an associate of the indicated political operative charged in the ongoing New York pension pay-to-play investigation...
Providers Examine Target-Date Funds More Closely During Downturn
May 12, 2009 (PLANSPONSOR.com) - A new survey from Callan suggests target-date fund managers have stepped up examinations of their offerings due to the down economy.
Two Pension Plans Challenge Energy Firm CEO Bonus
May 11, 2009 (PLANSPONSOR.com) - Two Louisiana pension funds have gone to court to challenge a $75-million 2008 bonus given to Chesapeake Energy CEO Aubrey McClendon.
Memphis Money Manager Named in NY Case, Fired in Fort Worth
May 11, 2009 (PLANSPONSOR.com) - Consulting Services Group (CSG), a long-time investment consultant recently fired by the city of Fort Worth public pension fund, has been caught up...
Milliman: Pension Funded Status Improves in March
May 11, 2009 (PLANSPONSOR.com) - The assets of the largest 100 corporate pension plans, as measured by the Milliman 100 Pension Funding Index, posted investment gains of $30...
An SEC Pay-to-Play Rule Expected by Mid-Summer
May 11, 2009 (PLANSPONSOR.com) - A new rule is expected as soon as July from the Securities and Exchange Commission (SEC) that would prohibit money managers from running...
CalPERS Adds Placement Agent Disclosure Policy
May 11, 2009 (PLANSPONSOR.com) - With a New York-based pay-to-play investigation continuing to have effects around the retirement services industry, the nation's largest public pension plan has adopted...
Barclays Still Entertaining Suitors for iShares
May 11, 2009 (PLANSPONSOR.com) - Barclays Plc and CVC Capital Partners may have already agreed to a $4.4-billion deal for Barclays' iShares funds business, but Barclays apparently is...
NYC Councilman Calls for Pension Fund Divestment from Tobacco
May 11, 2009 (PLANSPONSOR.com) - New York City Councilman Eric Gioia has called for the city to sell more than six million shares invested through its pension funds...
April a Good Month for Pension Funding: Mercer
May 8, 2009 (PLANSPONSOR.com) - Plan deficits shrank in April for the second successive month with a strengthening equity market and stable bond yields, according to Mercer.
PBGC, Lehman Strike Deal on Pensions
May 8, 2009 (PLANSPONSOR.com) - Lehman Brothers has apparently worked things out with the nation's private pension plan insurer.
Harrigan Resigns from LA Pension Board
May 8, 2009 (PLANSPONSOR.com) - The former president of the California Public Employees' Retirement System (CalPERS) has stepped down from the board of the Los Angeles fire and...