Pension Plan Funded Status Dips in August
September 6, 2006 (PLANSPONSOR.com) - The funded status of a typical US pension plan fell 1.4% in August, according to the latest Mellon Pension Liability Indexes from Mellon...
Administration
Study Finds 1% DC Underperformance in DB-DC Comparison
September 6, 2006 (PLANSPONSOR.com) - During the 16 years between 1988 and 2004, defined benefit pensions bested the performance of 401(k) plans by 1%, according to a new...
Donaldson Wants Congress to Stay Out of Stock-Option Expensing Debate
August 30, 2004 (PLANSPONSOR.com) - Securities and Exchange Commission Chairman William Donaldson has written a letter to 16 US Senators making clear his wishes that Congress stay out...
Struggling Delta Seeks Pension Settlement Approval
August 18, 2005 (PLANSPONSOR.com) - Delta Air Lines has asked an Atlanta judge to grant final approval of a $16-million settlement of a pension lawsuit filed by retired...
Enron Settlements Continue Rolling In
August 18, 2005 (PLANSPONSOR.com) - The giant lawsuit over the billions of dollars lost in the Enron Corp. collapse continued to inch toward resolution with out-of-court settlement pacts...
A Fifth of Companies Face Severe Pension Liability Risk
August 18, 2005 (PLANSPONSOR.com) - Only about one in five Fortune 1000 companies face relatively high financial risk from their pension liabilities, according to a new study.
Mercury Internal Probe Uncovers 54 Stock Options Backdating Instances
July 6, 2006 (PLANSPONSOR.com) - In Mercury Interactive's internal investigation, the company found 54 instances of stock options backdating starting as far back as 1994, which prompted it...
Pension Funds Funding Status Remains Unchanged in 2004
July 18, 2005 (PLANSPONSOR.com) - Standard & Poor's newly released Pension Status Report for the S&P 500 shows pension funds were underfunded $164 billion in 2004, only slightly...
ETFs Show Increasing Popularity In First Half of 2005
July 18, 2005 (PLANSPONSOR.com) - Average daily trading for exchange traded funds (ETFs) rose to $14.8 billion, up from $12.5 billion, in the first half of 2005, Reuters...
Chapman Fraud Trial Winds Down
July 30, 2004 (PLANSPONSOR.com) - A former money manager for the Maryland state pension system abused the trust of thousands of retirees by using their money for his...
InterSec: International Portfolios Lower in Q2
July 30, 2004 (PLANSPONSOR.com) - International equity managers gave back some of the gains of 2003 and the first of the year in the second quarter.
Major Trading Overhauls Afoot at NYSE
July 30, 2004 (PLANSPONSOR.com) - The New York Stock Exchange (NYSE), which has long rebuked attempts at sweeping automated trading reforms, may be prepared to unveil an electronic...
Mellon Financial Acquiring Pareto
July 30, 2004 (PLANSPONSOR.com) - Mellon Financial Corporation has signed a definitive agreement to acquire the remaining portion of Pareto Partners from the firm's employees and XL Capital...
BoNY Lists Five Considerations for Hedge Fund Investors
June 6, 2006 (PLANSPONSOR.com) - A white paper commissioned by The Bank of New York (BoNY) gives five operational considerations investors should give attention to before investing in...
Norway Breaks With International Retail and Mining Companies
June 6, 2006 (PLANSPONSOR.com) - Government Pension Fund-Global, which is managed by the central bank of Norway, said Tuesday that it broke its ties with two more companies...
Study: With Hedge Funds 'Proceed with Caution'
June 6, 2006 (PLANSPONSOR.com) - A new study of hedge fund returns asserts that most investors can generate similar returns from a well diversified portfolio of stocks and...
FASB Contemplates Pushing Back Option Expensing Date
June 30, 2004 (PLANSPONSOR.com) - The Financial Accounting Standards Board (FASB) is hinting at the possibility that the January 1, 2005 date for mandatory stock option expensing will...
Investors Go After Computer Associates' Executive Pay
June 30, 2004 (PLANSPONSOR.com) - An investment group led by Texas billionaire Sam Wyly has filed a lawsuit in a bid to recoup more than $1 billion from...
Academic Research Shows Corporate Governance Effectiveness
June 30, 2004 (PLANSPONSOR.com) - Two new academic studies point to shareholder value in annual director elections and other corporate governance reforms.
Corporate Pension Funding Improves in 2004 – Slightly: Wilshire
May 18, 2005 (PLANSPONSOR.com) - Things continued to improve for corporate pension plans in 2004, as strong asset returns and a modest increase in contributions allowed programs to...