Two Charged in Atlanta Pension Theft Scheme
June 13, 2003 (PLANSPONSOR.com) - Atlanta authorities have arrested two suspects in the theft of pension funds from city employees' retirement accounts.
Administration
Investors Have Lost Faith
June 25, 2002 (PLANSPONSOR.com) - The Enron scandal and subsequent investigations of possible wrongdoing by a number of publicly traded companies has taken its toll on investors, a...
Putnam Releases Proxy-Voting Guidelines
May 13, 2003 (PLANSPONSOR.com) - The Board of Trustees of the Putnam Funds has made public its proxy voting guidelines for securities owned by its funds.
CA Comptroller Calls For Hedge Fund Disclosure
May 13, 2003 (PLANSPONSOR.com) - California State Controller Steve Westly has asked the US Securities and Exchange Commission (SEC) to provide "reasonable safeguards" in the hedge fund industry.
Investors Optimistic About Long-Term
May 13, 2003 (PLANSPONSOR.com) - United States investors may be pulling out of equities in the short-term, but remain cautiously optimistic about the possibility of long-term opportunities in...
H-P's Fiorina Explains Deutsche Remark
April 25, 2002 (PLANSPONSOR.com) - The vote by Deutsche Bank to support Hewlett-Packard (H-P)'s proposed acquisition of Compaq Computer Corp. continued to dominate proceedings in a Delaware courtroom...
Enron Lessons Fail to Stick
April 25, 2002 (PLANSPONSOR.com) - Despite the media frenzy over the Enron debacle, very few 401(k) participants have learned their lesson about holding too much company stock in...
Shareholders Hit Verizon, Raytheon Exec Comp Rules
April 25, 2002 (PLANSPONSOR.com) - Shareholders at two prominent US companies have turned away efforts to keep pension gains from further boosting executive pay and bonuses, but the...
Risk Budgets Not Hot at Hedge Funds
April 25, 2002 (PLANSPONSOR.com) - Only 14% of hedge funds and 19% of funds of funds have had risk budgets assigned by investors, new research from the an...
Newkirk Joins with Communi(k)
April 25, 2002 (PLANSPONSOR.com) - Newkirk, an Albany, New York defined contribution publisher offering print on demand products, has merged with Communi(k), a participant education firm in Portland,...
Protest Expected at Mama Merrill Meeting
April 25, 2002 (PLANSPONSOR.com) - Charging that Merrill Lynch continues to foster a "workplace environment of discrimination," a group of female brokers announced plans to make their dispute...
Bear Stearns Ousts Employees For Improper Fund Trades
April 1, 2004 (PLANSPONSOR.com) - Three employees in Bear Stearns Cos clearing operations unit have been dismissed in connection with allegedly improper mutual fund trading.
Poll: Americans Still Financially Stressed Out
April 1, 2004 (PLANSPONSOR.com) - A healthier equity market hasn't significantly eased the financial burden for many Americans who are still feeling under great economic stress, according to...
Union Probes Florida, Alliance Dealings on Enron
April 25, 2002 (PLANSPONSOR.com) - Even as it contemplates its next steps in pursuing actions against a money manager in the wake of the Enron debacle, the Florida...
Smith Barney Consultant Named in FleetBoston Action
March 1, 2004 (PLANSPONSOR.com) - A financial consultant employed by Citigroup Inc.'s Smith Barney unit arranged a $20-million deal to market time mutual funds, state and federal authorities...
SBC Links Executive Comp to Financial Performance
March 1, 2004 (PLANSPONSOR.com) - SBC Communications is implementing a new executive compensation system that would more closely link executive pay to the company's financial performance.
Pension Returns Come Up Short – Again
March 25, 2002 (PLANSPONSOR.com) - It was a tough year for US markets, and also for the nation's pension plans, which, on average, missed targeted earnings projections for...
Mutual Fund Fees 'May Be On the Rise'
March 13, 2003 (PLANSPONSOR.com) - Mutual fund fees appear to be on the rise, led by increases in stock mutual fund fees, though bond funds have declined.
AMA Opens Private Equity Shop
March 13, 2003 (PLANSPONSOR.com) - Asset Management Advisors (AMA) is setting up shop in the private equity space through the formation of new private equity group and has...
NYC Funds Buck Trend, Back Eisner
March 1, 2004 (PLANSPONSOR.com) - Bucking what appears to be a growing trend among public pension funds, on Friday, New York City Comptroller William Thompson said the Big...