Administration

December 24, 2007 (PLANSPONSOR.com) - With concerns about a deepening global credit crisis unabated, major U.S. financial institutions are increasingly turning to sovereign wealth funds for capital infusions.

December 24, 2007 (PLANSPONSOR.com) - The board of the city of San Diego City Employees' Retirement System (SDCERS) has adopted a 14-point plan negotiated with the Internal Revenue...

December 24, 2007 (PLANSPONSOR.com) - U.S. lawyers are on track to bring about 58% more shareholder class action cases this year, Reuters reports.

December 21, 2007 (PLANSPONSOR.com) - Marsh & McLennan Cos., Inc. (MMC) has announced it will replace embattled CEO Michael Cherkasky and is evaluating strategies to boost shareholder value.

December 21, 2007 (PLANSPONSOR.com) - The California State Teachers' Retirement System (CalSTRS) has launched a search for independent fiduciaries for its Private Equity Proactive Portfolio.

December 20, 2007 (PLANSPONSOR.com) - The Bank of New York Mellon Corporation has completed its acquisition of ABN AMRO Mellon Global Securities Services B.V. following regulatory approval from...

December 20, 2007 (PLANSPONSOR.com) - The Hartford has managed a hat trick, announcing its third acquisition this month.

December 19, 2007 (PLANSPONSOR.com) - Defined benefit plan sponsors with a December 31 measurement date should consider increasing the 2007 discount rate used for their pension calculations by...

December 19, 2007 (PLANSPONSOR.com) - More than three quarters (77%) of employees surveyed by BNET.com say that CEOs are overpaid, and 64% of top executives agree.

December 18, 2007 (PLANSPONSOR.com) - The Purple Book, a report from the Pensions Regulator and Pension Protection Fund (PPF) of the picture of the UK's final salary pensions...

December 18, 2007 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) Board of Administration has adopted a new investment asset allocation for its $250 billion portfolio to...

December 18, 2007 (PLANSPONSOR.com) - New Jersey is closer to becoming one of the states to prohibit state pension money from being invested in companies doing business in...

December 18, 2007 (PLANSPONSOR.com) - The Principal Financial Group has agreed to acquire Retirement Consulting Actuaries, Inc. (RCA).

December 17, 2007 (PLANSPONSOR.com) - Stung by the controversy over problems in their troubled local-government investment fund, State of Florida officials have now widened their investment fund probe...

December 17, 2007 (PLANSPONSOR.com) - Texas Teacher Retirement System trustees have approved a Iran/Sudan-linked divestiture policy that calls for dropping investments only if "comparable investments offering similar quality,...

December 14, 2007 (PLANSPONSOR.com) - A recent study found flat growth in the number of women in senior leadership positions such as board directors, corporate officers, and top...

December 14, 2007 (PLANSPONSOR.com) - Attorneys announced American Tower Corporation has agreed to a $14 million settlement agreement with Steamship Trade Association-International Longshoreman's Association Pension Fund (STA-ILA) and...

December 14, 2007 (PLANSPONSOR.com) - JPMorgan today announced that its Hedge Fund Services business has opened an office in Luxembourg to service existing and new clients.

December 13, 2007 (PLANSPONSOR.COM) - New York state officials have announced a tightening of regulations governing the operation of the Empire State's $154-billion public employee pension fund.

December 13, 2007 (PLANSPONSOR.COM) - Idaho Governor C.L. Otter has come out against forcing the state's public employee pension fund to divest its holdings in Sudan-linked companies.