Will They or Won't They? Questions Emerge on Ohio Divestiture
August 20, 2007 (PLANSPONSOR.com) - Ohio lawmakers may have thought that Ohio's pension funds were on board with a committment to divest from Sudan and Iran - but...
Administration
UK Private Equity Firm's Ethics High Despite Lack of Policy
August 20, 2007 (PLANSPONSOR.com) - In a survey of 100 U.K. private equity (PE) fund directors and managers, 73% of respondents said they regarded the industry's ethical standards...
Take-Two General Counsel Sentenced in Options Backdating Case
August 17, 2007 (PLANSPONSOR.com) - Former general counsel for Take-Two Interactive Software Inc., Kenneth Selterman, was sentenced on August 8 to three years of probation for falsifying a...
Take-Two General Counsel Sentenced in Options Backdating Case
August 17, 2007 (PLANSPONSOR.com) - Former general counsel for Take-Two Interactive Software Inc., Kenneth Selterman, was sentenced on August 8 to three years of probation for falsifying a...
Citi Buys DB Plan of UK Newspaper Publisher
August 17, 2007 (PLANSPONSOR.com) - Citigroup has acquired the pension fund of the UK's Thompson Regional Newspapers, taking the investment and longevity risk on to its own balance...
Citi Buys DB Plan of UK Newspaper Publisher
August 17, 2007 (PLANSPONSOR.com) - Citigroup has acquired the pension fund of the UK's Thompson Regional Newspapers, taking the investment and longevity risk on to its own balance...
AL Sets Up Trust to Fund OPEB Obligations
August 16, 2007 (PLANSPONSOR.com) - Alabama's State Employees' Insurance Board (SEIB) voted Wednesday to put $50 million into a trust designed to help the state pay future health...
One-Third of Large Co.s Have Cut or Eliminated ESOP Holdings
August 16, 2007 (PLANSPONSOR.com) - A third of the largest 900 companies (the Fortune 500 and the Russell 400) that had ESOPs in 2004 had reduced the stock...
One-Third of Large Co.s Have Cut or Eliminated ESOP Holdings
August 16, 2007 (PLANSPONSOR.com) - A third of the largest 900 companies (the Fortune 500 and the Russell 400) that had ESOPs in 2004 had reduced the stock...
Dell Investigation Finds Accounting Errors
August 16, 2007 (PLANSPONSOR.com) - Dell announced on Thursday that its Audit Committee has completed an independent investigation into certain accounting and financial reporting matters and found accounting...
Aon Reports Incorrect Procedures for Stock Options Awards
August 16, 2007 (PLANSPONSOR.com) - Aon Corp. has reported that a review of its stock option grant practices from 1994 to 2006 found incorrect procedures were used for...
Feds Distribute $55.6M to Bank One Fund Shareholders
August 15, 2007 (PLANSPONSOR.com) - Federal regulators have distributed about $55.6 million to more than 200,000 investors hurt by market timing transactions in One Group Funds from Banc...
Public Employers Not Considering All GASB 45 Implications
August 15, 2007 (PLANSPONSOR.com) - The majority of public sector employers have started to address new accounting standards on non-pension retiree benefit liabilities, but few employers understand all...
Another Hedge Fund Reports Trouble
August 14, 2007 (PLANSPONSOR.com) - Clifford Asness, founder and managing principal of AQR Capital Management, has told investors one of AQR's Global Stock Selection funds has "come under...
Electronic Trading Puts the Pressure on Brokers' Commissions
August 13, 2007 (PLANSPONSOR.com) - Using brokers to execute single stock trades is gradually becoming defunct, giving way to more cost efficient electronic and portfolio trading systems, according...
CalPERS Opens Investment Doors to Once-Prohibited Emerging Markets
August 13, 2007 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) will now allow external money managers to invest in all countries listed in the FTSE All...
Insurance Companies Refocus Methods of Financial Reporting
August 10, 2007 (PLANSPONSOR.com) - Though traditional reporting methods such as statutory and U.S. generally accepted accounting principles (GAAP) reporting still dominate both external and internal financial reporting...
SEI: Pension Volatility Monitoring More Important
August 9, 2007 (PLANSPONSOR.com) - A new research paper suggests that measurement of a pension plan's surplus/deficit and its volatility will increasingly become more important than absolute return...
SEI: Pension Volatility Monitoring More Important
August 9, 2007 (PLANSPONSOR.com) - A new research paper suggests that measurement of a pension plan's surplus/deficit and its volatility will increasingly become more important than absolute return...
UK Personal Pension Payouts a Shadow of 1990s Payouts
September 20, 2006 (PLANSPONSOR.com) - UK workers taking a personal pension payout now have to make due with 75% less than they would have received a decade ago,...