Administration

May 8, 2009 (PLANSPONSOR.com) - Lehman Brothers has apparently worked things out with the nation's private pension plan insurer.

May 7, 2009 (PLANSPONSOR.com) - Illinois Governor Pat Quinn has canceled his call to increase pension costs for Illinois teachers, university staff and state employees.

May 7, 2009 (PLANSPONSOR.com) - A new Aon Consulting survey has found that many companies with frozen pensions intend to make investment strategy changes to cut corporate pension...

May 7, 2009 (PLANSPONSOR.com) - Marsh & McLennan Cos. Inc. on Wednesday agreed to pay $2.4 million to settle bid-rigging and client-steering charges leveled by Connecticut Attorney General...

May 6, 2009 (PLANSPONSOR.com) - A City of Detroit employee is suing current and former trustees of Detroit's General Retirement pension fund, alleging they breached their fiduciary duties...

May 6, 2009 (PLANSPONSOR.com) - While federal securities regulators have made progress in working out internal organizational kinks, the U.S. Securities and Exchange Commission (SEC) still has a...

May 6, 2009 (PLANSPONSOR.com) - Massachusetts Secretary of State William F. Galvin is investigating Massachusetts Mutual Life Insurance Co.'s relationship with a hedge fund operation that lost $3.3...

May 6, 2009 (PLANSPONSOR.com) - New York state Comptroller Thomas P. DiNapoli has sued beleaguered money manager Aldus Equity Partners LP, charging it was part of an elaborate...

May 5, 2009 (PLANSPONSOR.com) - Sales of U.S. long-term mutual funds through brokers and financial advisers not only continued to shift towards fee-based compensation, but the trend towards...

May 5, 2009 (PLANSPONSOR.com) - Federal securities regulators on Tuesday charged the two top executives of the Reserve Management Co. money market fund with fraudulently keeping secret the...

May 5, 2009 (PLANSPONSOR.com) - A group of Chrysler retirees has hired a Chicago law firm to represent non-union members as the carmaker moves through U.S. Bankruptcy Court...

May 5, 2009 (PLANSPONSOR.com) - Globally, investment manager search activity is slowing down as investors focus their attention on strategic issues, according to Mercer's 2008 Global Manager Search...

May 5, 2009 (PLANSPONSOR.com) - Charles Schwab Investment Management announced it has moved all equity and bond funds to a single share class priced at the lowest level.

May 5, 2009 (PLANSPONSOR.com) - A recent survey from Envestnet Asset Management revealed individuals have trouble understanding target-date funds.

May 4, 2009 (PLANSPONSOR.com) - Securities cases tracked in Advisen's Master Significant Case and Action Database (MSCAd) in the first quarter of 2009 reached 169 filings, up from...

May 4, 2009 (PLANSPONSOR.com) - The probe into potential pay-to-play misdeeds at the New York Common Retirement Fund continued to send shockwaves with word Monday that the state...

May 4, 2009 (PLANSPONSOR.com) - An employee group has finalized a deal to acquire a majority ownership stake in Neuberger Berman Group LLC, with the now-defunct Lehman Brothers...

May 1, 2009 (PLANSPONSOR.com) - New York Attorney General Andrew M. Cuomo has announced a multi-state cooperation in revealing pension fund abuses.

May 1, 2009 (PLANSPONSOR.com) - Officials at the Los Angeles City Employees' Retirement System (LACERS) stopped short of a total ban on the use of paid intermediaries on...

May 1, 2009 (PLANSPONSOR.com) - April pension deficit figures for Britain's largest 200 firms could go beyond £120 billion ($178 billion), according to consulting firm Aon Corp.