John Hancock Snaps Up M.S.B. Fund
August 25, 2003 (PLANSPONSOR.com) - John Hancock Advisers got its shopping cart out again yesterday, acquiriing the assets and shareholder base of the M.S.B. Fund, Inc., a, large-cap...
Administration
WV Enters AOL Accounting Fraud Fray
July 25, 2003 (PLANSPONSOR.com) - West Virginia is the latest state to toss its hat into the AOL Time Warner Inc. accounting fraud lawsuit arena - but has...
WHX: PBGC Backs Away From Plan Takeover
July 25, 2003 (PLANSPONSOR.com) - Steelmaker WHX Corp. announced that the Pension Benefit Guaranty Corp. (PBGC), the nation's private sector pension insurer, no longer wants to involuntarily terminate...
Investing Confidence Returning to High Net Worth Investors
July 13, 2004 (PLANSPONSOR.com) - High net worth individuals are regaining their confidence in investing, but many of them are choosing to go it alone, rather than enlist...
UK's Pension Protection Fund Issues First Preliminary Approval
July 1, 2005 (PLANSPONSOR.com) - The newly formed Pension Protection Fund (PPF) has issued its first preliminary approval to transfer pension obligations for London's Heath Lambert Group, according...
NC State Pensions Record Positive 7.6% One Year Return
July 25, 2003 (PLANSPONSOR.com) - Allocations in - and hefty returns of - bond investments helped North Carolina's state pension funds chalk up their first positive annual return...
WHX: PBGC Backs Off Plan Takeover
July 25, 2003 (PLANSPONSOR.com) - Steelmaker WHX Corp. announced that the Pension Benefit Guaranty Corp. (PBGC), the nation's private sector pension insurer, no longer wants to involuntary terminate...
Money Funds Could Be In For Tough Times
June 25, 2003 (PLANSPONSOR.com) - Managers at more than 35% of the nation's 1,549 money funds are readying themselves to slash their fees or close up shop if...
Lehman Has Its Eye on Neuberger: Reports
June 25, 2003 (PLANSPONSOR.com) - Lehman Brothers has its eye on a big money management acquisition, according to published reports.
It's Official: US Trust Purchasing State Street Private Asset Book
June 25, 2003 (PLANSPONSOR.com) - Charles Schwab Corp's US Trust unit has signed a definitive agreement to acquire the Private Asset Management unit of State Street Corp.
Regulators Put Out Consultant Conflict of Interest Guidance
June 1, 2005 (PLANSPONSOR.com) - In the wake of a Securities and Exchange Commission (SEC) warning about potential conflicts of interest among investment consultants, federal regulators have released...
S&P: Public Pension Problems Bleed Over To Bond Ratings
June 25, 2003 (PLANSPONSOR.com) - Ever escalating pension fund liabilities in state and local governments may now have a downstream effect on the credit rating of municipal bonds.
Wilshire: Corporate Pension Funding Ratio Improves in 2003
May 13, 2004 (PLANSPONSOR.com) - The funding ratio for corporate defined benefit plans in the S&P 500 jumped to 89% on the back of a $139-billion growth in...
Goldman: Things Looking Up on the DB Funding Front
May 13, 2004 (PLANSPONSOR.com) - A new Goldman Sachs research report has good news on the defined benefit funding front: the worst of the perfect pension storm is...
Snow: Still Thinking About 30-Year Bond
April 1, 2005 (PLANSPONSOR.com) - While US Treasury Department officials are comfortable with their decision four years ago to no longer issue the 30-year bond , they continue...
PERS Reform Bill Marches Through Oregon Legislature
April 25, 2003 (PLANSPONSOR.com) - The much-discussed reform efforts at the state of Oregon's long-ailing Public Employees Retirement System (PERS) are moving ever closer to reality with a...
Apple Shareholders Vote Yes for Option Expensing
April 25, 2003 (PLANSPONSOR.com) - Despite urging from the company's directors to vote down the measure, shareholders at Apple Computer have approved a resolution calling for the company...
SEC Hands Down Market-Timing Regulations
April 13, 2004 (PLANSPONSOR.com) - The U.S. Securities and Exchange Commission (SEC) unanimously approved regulations requiring mutual funds to clearly disclose their market timing policies.
HR Outsourcing Deal May Signal New Era
April 13, 2004 (PLANSPONSOR.com) - The seven-year HR outsourcing deal with Bank of America was obviously a big win for Fidelity Investments, but it also meant some significant...
Study: Flying CEOs Hurt Corporate Returns
April 13, 2004 (PLANSPONSOR.com) - Companies allowing their chief executive personal use of a corporate aircraft show average shareholder returns that underperform market benchmarks by more than 4%...