May 17, 2006 (PLANSPONSOR.com) - Assistant Secretary Mark Warshawsky of the Treasury Department discussed the effects of pension funding and accounting reforms on equity values and interest rates in a speech at the European Institute's Sovereign Fund Roundtable.
May 17, 2006 (PLANSPONSOR.com) - Even though chief financial officers (CFOs) are aware that productivity is lost from their workers' health-related absences or from workers feeling ill at work, they lack information as to how much it actually impacts the company's finances, according to a recent survey.
May 17, 2006 (PLANSPONSOR.com) - New York state Attorney General Eliot Spitzer, in the midst of a wide-ranging examination of how providers market retirement products and services, has served plan provider Principal Financial Group with a demand for information on that topic.
April 17, 2006 (PLANSPONSOR.com) - A former Ohio state teachers' pension board member was convicted Friday of two misdemeanor ethics violations for accepting gifts from two companies that were doing business with the retirement system.
Executives are not satisfied with the performance of their finance departments, and see failure to effectively use and integrate technology as one of the most common setbacks, according to a recent report.
May 4, 2007 (PLANSPONSOR.com) - A measure to give Verizon Communications Inc. shareholders a say about senior executive pay packages won nearly 50% of the vote at its annual meeting on Thursday.
April 17, 2006 (PLANSPONSOR.com) - The Securities Industry Association (SIA) suggested changes in the proposed amendments to the Securities and Exchange Commission's mutual fund redemption fee rule concerning the chain of intermediaries and the compliance date for the amendments.
April 29, 2005 (PLANSPONSOR.com) - Despite other airlines dropping their pensions, union leaders and executives at American Airlines are continuing to stick to their game plan of keeping their defined benefit pension system intact.
April 29, 2005 (PLANSPONSOR.com) - San Diego City Attorney Michael Aguirre - a key player in the city's ongoing municipal pension crisis - has informed outgoing Mayor Dick Murphy and City Council members that pension credits they purchased prior to November 2003 are illegal.
April 29, 2005 (PLANSPONSOR.com) - The average funding ratio of multiemployer plans was 83% in 2004, according to a Segal survey.
April 29, 2005 (PLANSPONSOR.com) - The Hartford Financial Services Group has set aside a $66-million reserve to have funds available to resolve federal and state government market timing and directed brokerage investigations involving its mutual funds and annuity businesses.
April 29, 2005 (PLANSPONSOR.com) - According to a survey of institutional investors, chief executives of major US companies are overpaid, golden parachutes serve no useful corporate purpose, and Directors should be held personally liable for financial scandals under their watch.
April 29, 2005 (PLANSPONSOR.com) - Most US plan sponsors posted slight losses in the first quarter, according to The Northern Trust Company.
March 29, 2005 (PLANSPONSOR.com) - The administration of Montana Governor Brian Schweitzer and a major national labor union are discussing investments by the union's pension funds in the state's economic development projects.
March 17, 2006 (PLANSPONSOR.com) - Regents of the University of California moved Thursday to pull tens of millions of dollars from foreign firms doing business in Sudan because of the continuing genocide in that African nation.
March 29, 2005 (PLANSPONSOR.com) - As expected, federal regulators on Tuesday released additional guidance on the new stock options expensing rule designed in part to ease fears that the system will be too hard to put into place.
March 29, 2005 (PLANSPONSOR.com) - Turnover rates for CFOs and controllers increased significantly in 2004, while the turnover for treasurers remained the same, according to a Russell Reynolds Associates study.
May 3, 2007 (PLANSPONSOR.com) - A.G. Edwards & Sons, Inc. has settled with the Securities and Exchange Commission over allegations of mutual fund market timing.
March 28, 2005 (PLANSPONSOR.com) - The New York City pension fund is planning to double its $2.2 billion private equity portfolio in the next three to five years, the New York Post is reporting.
March 29, 2005 (PLANSPONSOR.com) - A Pennsylvania iron workers union has gone to court to block the announced sale of the Toys "R" Us chain to a buyer's group for $6.6 billion, alleging the $26.75-per-share offer is "grossly inadequate and unfair."