Ohio 529 Plans Earn Best and Worst Ranking
April 23, 2009 (PLANSPONSOR.com) - The state of Ohio's two 529 college savings plans earned spots at both ends of the spectrum in a new Morningstar national ranking...
Administration
Auto Czar Also Indicated in NM Pay-to-Play
April 23, 2009 (PLANSPONSOR.com) - Campaign finance records show New Mexico Governor Bill Richardson's campaigns and political action committees received at least $102,300 from brokers hired by money...
SEC Ponders Pension Intermediaries Ban
April 22, 2009 (PLANSPONSOR.com) - The U.S. Securities and Exchange Commission (SEC) is considering rules to restrict money managers from paying to win state pension business.
SEC Charges Hennessee on Bayou Hedge Fund
April 22, 2009 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) has charged a hedge fund adviser with failing to perform the due diligence it promised clients.
DiNapoli Bars Placement Agents for Empire State Fund
April 22, 2009 (PLANSPONSOR.com) - With an ongoing state-federal probe continuing into the role of paid intermediaries doing business with the New York State Common Retirement Fund (CRF),...
Russell Suggests New Liability Investing Approach
April 21, 2009 (PLANSPONSOR.com) - Russell Investments on Tuesday released research advocating what the firm said was the next version of liability-driven investing - liability-responsive asset allocation.
European Plans Show Steady Equity Allocation Reductions
April 21, 2009 (PLANSPONSOR.com) - European pension plans are increasing their allocation to non-traditional asset classes to more effectively manage their risks, according to a new Mercer study.
Lincoln to Sell Asset Management Unit
April 21, 2009 (PLANSPONSOR.com) - U.S. life insurer Lincoln National Corp. is selling its Delaware Investments asset management unit, sources familiar with the matter told Reuters.
PMFM Changes Brand, Fund Names
April 20, 2009 (PLANSPONSOR.com) - PMFM, Inc., a registered investment adviser in Athens, Georgia, has changed its corporate name to Stadion Money Management.
CalPERS, CalSTRS Continue Money Manager Bonuses
April 20, 2009 (PLANSPONSOR.com) - Two of the nation's largest public pension plans have awarded their money managers incentive bonuses.
SEIU Launches Incentive Pay Initiative
April 20, 2009 (PLANSPONSOR.com) - A union pension plan has hired a law firm to coordinate its campaign to pressure executives of 29 U.S. companies in which it...
Hedge Funds Down but not Out
April 20, 2009 (PLANSPONSOR.com) - Hedge funds may have had a rough go of things lately with the down markets, but they are poised for growth, according to...
Report: Auto Czar's Investment Firm Focus of Pay-to-Play Probe
April 17, 2009 (PLANSPONSOR.com) - According to media reports, the man named to head the Obama administration's auto task force is a figure in an ongoing state-federal probe...
Pension Buyouts Could Harm Employee Relationships
April 17, 2009 (PLANSPONSOR.com) - The notion of financial services firms buying out defined benefit pension programs makes government auditors profoundly uneasy, according to a new report.
Principal Lowers Sales Charges on Certain Fixed-Income Funds
April 16, 2009 (PLANSPONSOR.com) - In an effort to help investors get off the sidelines and start working toward their long-term financial goals again, Principal Funds has lowered...
YRC Looking for Pension Concessions
April 15, 2009 (PLANSPONSOR.com) - A trucking firm is trying to strike a deal with unions to temporarily suspend its pension contributions.
Small Biz Not Taking Recession Lying Down
April 15, 2009 (PLANSPONSOR.com) - Small business owners are not taking this recession lying down.
Oregon Sues 529 Fund Manager
April 14, 2009 (PLANSPONSOR.com) - The state of Oregon has sued OppenheimerFunds Inc., charging the fund manager with understating the risk it took with a bond fund in...
Study Says Average 401(k) Fee = 72 bps
April 14, 2009 (PLANSPONSOR.com) - A new study of 401(k) fees finds that the median fee was 72 basis points - but also found a significant range of...
City of Milwaukee could get Pension Obligation Bond Authority
April 13, 2009 (PLANSPONSOR.com) - Wisconsin Governor Jim Doyle has proposed allowing the city of Milwaukee to issue pension obligation bonds to cover its pension fund payments.