Administration

Administration |

Harvard Endowment Slashes Staff

February 6, 2009 (PLANSPONSOR.com) - Harvard University's money management arm said last week that it plans to cut about 25% of its staff in the coming months.
Administration |

2008 Sees Fewer New Hedge Funds

February 5, 2009 (PLANSPONSOR.com) - The Absolute Return magazine New Funds Survey for 2008 shows that assets for new hedge fund launches declined significantly in the U.S. in...
Administration |

Madoff Scheme Hits LA Funds

February 2, 2009 (PLANSPONSOR.com) - Officials with the Louisiana State Police Retirement System and New Orleans City Employees' Retirement System say they each may have lost $400,000 in...
Administration |

Employer Accounts Pumping Up IRAs

January 30, 2009 (PLANSPONSOR.com) - Nearly half of Americans own an individual retirement account (IRA), though the odds are that those accounts were funded by an employer-sponsored retirement...
Administration |

Raytheon Hit Hard by Pension Costs

January 30, 2009 (PLANSPONSOR.com) - The world's largest maker of missiles, Raytheon, announced its profit during the fourth quarter cratered under the weight of rising pension costs.
Administration |

Pension Fund Sues UBS

January 30, 2009 (PLANSPONSOR.com) -The New Orleans Employees Retirement System has filed a class action lawsuit seeking billions of dollars in damages from UBS.
Administration |

JP Morgan Hit with SecLending Lawsuit

January 29, 2009 (PLANSPONSOR.com) - A union pension fund has sued JPMorgan Chase over allegations it breached its fiduciary duties to its pension clients investing in the financial...