Ohio PERS to Offer DC Alternative
August 26, 2002 (PLANSPONSOR.com) - CitiStreet will run a defined contribution plan for the Public Employees Retirement System of Ohio (PERS), which will be offered early next year...
Administration
Retirement Realities Hitting Boomer Bottom Line
August 26, 2002 (PLANSPONSOR.com) - Tumbling markets and rising heathcare costs may finally be sinking in to participants, according to a new survey.
Principal "Over" Down Under?
August 26, 2002 (PLANSPONSOR.com) - Principal Financial could be over with the "down under" pension market, with the sale of its Australian BT Financial unit.
Finance Salary Increases Higher Than Most
August 2, 2004 (PLANSPONSOR.com) - Financial professionals can expect salary increases that were better than most in 2004, as 90% of organizations said they plan to grant salary...
Morgan Stanley Settles Microsoft Stock Advice Dispute
August 2, 2004 (PLANSPONSOR.com) - Morgan Stanley has agreed to pay $200,000 and be more vigilant about the handling of customer accounts as part of a deal with...
Hennessee: Hedge Fund Industry Grows 34%
August 2, 2004 (PLANSPONSOR.com) - Due to manager performance and new capital inflows, the hedge fund industry grew 34% in the past year.
GASB Hands Down Nonpension Benefit Accounting Guidance
August 2, 2004 (PLANSPONSOR.com) - The Governmental Accounting Standards Board (GASB) has provided guidance on how state and local governments should account for retiree nonpension benefits.
Franklin Settles Market Timing Allegations
August 2, 2004 (PLANSPONSOR.com) - Mutual fund group Franklin Advisers Inc. will pay $50 million to settle charges that it allowed market timing of its funds' shares, the...
Retirees Redesignate Carlson As Their CalPERS Board Representative
August 14, 2003 (PLANSPONSOR.com) - California Public Employees' Retirement System (CalPERS) Board of Administration member Robert Carlson has been selected to serve another four-year term.
Lucent Dials Up Pension Credit In FY 2003
August 14, 2003 (PLANSPONSOR.com) - Bucking the trend of corporate pension underfunding, Lucent Technologies has disclosed a forecasted credit from its pension and retirement benefits for fiscal year...
MA Pension Board to Ponder Economically Targeted Investments
August 14, 2003 (PLANSPONSOR.com) - The Massachusetts pension board will consider investing up to 2% of its $28 billion in assets in housing and business-development projects that could...
CFOs: I'll Stay Put
July 26, 2002 (PLANSPONSOR.com) - Chief financial officers (CFO) are apparently "hunkered down" for the duration, according to a new survey.
Pros Debate Pros, Cons on Options Expensing
July 26, 2002 (PLANSPONSOR.com) - As a growing number of firms weigh in on the issue of expensing options, there appear to be widely diverging notions of the...
Cal. Treasurer Targets Firms Heading Offshore
July 26, 2002 (PLANSPONSOR.com) - California Treasurer Phil Angelides, who sits on the boards of two of the largest pension funds in the nation, wants to pull state...
Fired La. Pension Head: I Wasn't There to Make Friends
July 11, 2003 (PLANSPONSOR.com) - Brian Minturn, director of the Louisiana state teachers pension fund until his sudden firing this week, wasn't surprised to hear his former boss...
Alabama Supremes Rule Against RSA WorldCom Motion
July 14, 2003 (PLANSPONSOR.com) - The Alabama Supreme Court on Friday ruled that former WorldCom CEO Bernie Ebbers does not have to immediately answer questions in a $275...
Deferred Pension Expenses Looming: Towers Perrin
July 14, 2003 (PLANSPONSOR.com) - Smaller than expected pension returns and growing pension obligations (exacerbated by record low interest rates) are combining to create another growing problem for...
French Senate Oks Pension Reform Bill
July 14, 2003 (PLANSPONSOR.com) - The French Senate has approved a provision calling for an increase in pension contribution periods and for public and private sector pension systems...
Lehman, Neuberger Close In On Merger Deal
July 14, 2003 (PLANSPONSOR.com) - Lehman Brothers Holding Inc. has announced it is close to a deal to purchase Neuberger Berman Inc.
Vacations Trump Retirement Savings
June 26, 2002 (PLANSPONSOR.com) - More Americans are saving for a vacation jaunt to the south of France and trimming back their credit-card balances than salting away their...