Option Participants Target WorldCom
June 26, 2002 (PLANSPONSOR.com) - The controversy over alleged accounting irregularities at WorldCom is headed for court with an announcement that an ERISA law firm is set to...
Administration
Segal: Multiemployer Plans Hit With 8.2% Loss in 2002
May 14, 2003 (PLANSPONSOR.com) - Multiemployer pension funds suffered through another down year in 2002, as the median investment performance declined 8.2%.
PERS Board Implements Legislative Reform Changes
May 14, 2003 (PLANSPONSOR.com) - The board of the Oregon Public Employees Retirement System (PERS) has put into place sweeping changes to the ailing pension system from a...
CBIZ Picks Up CA Accounting Firm
May 14, 2003 (PLANSPONSOR.com) - CBIZ announced that it has acquired Martynec & Deering, CPAs of Huntington Beach, California.
Wilshire: 2002 'Worst Year Ever' for Private-Sector Pensions
May 14, 2003 (PLANSPONSOR.com) - The drumbeat of bad pension news continued with word from a consulting firm that corporate pension plans suffered their worst year ever in...
HealthSouth Director Steps Down
April 2, 2004 (PLANSPONSOR.com) - Per the terms of agreement between HealthSouth and the Teachers' Retirement System of Louisiana, director Larry Striplin Jr. has resigned.
Franklin Slaps on Redemption Fees
April 2, 2004 (PLANSPONSOR.com) - Franklin Resources Inc. plans to join a number of its mutual fund brethren by slapping redemption fees on short-term trades in almost all...
Conferences Begin on Trying Mountain of Fund Cases
April 2, 2004 (PLANSPONSOR.com) - Four federal judges have begun working out just how to properly try nearly 100 lawsuits against six mutual fund companies accused of widespread...
BlackRock Picks Up Fund of Funds Manager
April 14, 2003 (PLANSPONSOR.com) - BlackRock has agreed to buy a fund of hedge funds management company.
Overture and ForestView Partner Up
April 14, 2003 (PLANSPONSOR.com) - Overture Asset Managers, LLC and Chicago-based, Forest View Partners LLC have entered into a strategic partnership.
PIMCO Looking At Credit Derivatives
April 2, 2004 (PLANSPONSOR.com) - David Hinman, a senior portfolio manager at PIMCO sees a bigger role for the use of credit derivatives in the company's investment strategy...
STC Kicks Back $1M as Ill-Gotten Profit
April 2, 2004 (PLANSPONSOR.com) - A former Phoenix bank that offered trust and custodial services that was swept up in the early days of the ongoing federal/state mutual...
Investigators Look At Putnam Plan Sponsor Rebates
April 2, 2004 (PLANSPONSOR.com) - Putnam's alleged payment of rebates to favored retirement plan clients is the center of a new investigation being conducted by Massachusetts regulators.
Intel Proposes New Option Plan
April 2, 2004 (PLANSPONSOR.com) - Intel Corp is prepared to ask shareholders to approve a new stock option plan when the shareholders' annual meeting convenes on May 19.
Controversy Swirls Around NYC Pension Fund
March 14, 2003 (PLANSPONSOR.com) - The bland release from New York City's Bureau of Asset Management earlier this week (see NewsDash, March 10) clearly veiled a significantly more...
Schwab Suspends 401(k) Match
March 14, 2003 (PLANSPONSOR.com) - Employees at the Charles Schwab Corporation now have more reasons to be anxious when opening their 401(k) statements in 2003.
Gartmore Picks Up New York Separate Accts. Manager
March 14, 2003 (PLANSPONSOR.com) - Gartmore Global Investments (GGI) has acquired an Irvington, New York-based separate accounts manager focusing on growth equity and fixed income products.
Hedge Funds Meet Investor Expectations
March 14, 2003 (PLANSPONSOR.com) - Hedge fund investments, while growing at their smallest rate in 19 years, met or exceeded expectations for 82% of their investors.
Morningstar Sends Funds into Style Shift
March 26, 2002 (PLANSPONSOR.com) - Some mutual funds might find themselves in a new performance classification category when Morningstar Inc. overhauls its well-known style box system.
DB Allocations Steady in Turbulent Markets
March 26, 2002 (PLANSPONSOR.com) - While pension returns and funding levels were squeezed by shrinking markets and growing liabilities last year, plan sponsors didn't appear to be rushing...