CEOs Have 18 Months to Show Results

May 3, 2001 ( - New CEOs have between 14 and about 18 months to make their mark at a listed company, according to research studies conducted by public relations firm Ketchum and its research unit, Reputation Laboratory.

Back to Basics for Pioneer after UniCredito Takeover

May 15, 2000 ( - UniCredito Italiano of Milan agreed Monday to acquire Pioneer Group for $ 1.2 billion. Under the agreement, Pioneer will return to its fund management focus and shed its non-fund management businesses by the third quarter of this year.

Compromise on SEC Bill Folds

May 3, 2001 ( - A bill designed to save investors $14 billion over the next decade by reducing transaction fees paid to the Securities and Exchange Commission (SEC) failed to reach the floor of the House of Representatives as an earlier compromise fell through.

Finance Professionals Looking To Make A Change

December 14, 2000 ( - Nearly half (41%) of finance and accounting professionals are likely to be job shopping within five years, despite satisfaction with their current jobs, loyalty to their employers and above-average annual incomes.

CREF Keeps Tobacco

November 14, 2000 ( - The College Retirement Equities Fund has decided to keep tobacco stocks in the $176 billion stock portfolio it manages as part of the $299 billion TIAA-CREF teachers pension system.

S&P Prevails in Vanguard License Appeal

November 2, 2001 ( - The US Court of Appeals for the Second Circuit has held that the Vanguard Group cannot use any S&P Indices in conjunction with its proposed VIPERS product under its current index license.

MetLife Focusing RK on Small, Mid-Sized Clients

November 2, 2001 ( - Fresh from having recently announced their pullout from the large-plan recordkeeping market, MetLife officials say they're turning their attention to small and mid-size plans, leaving at least one frustrated large plan sponsor in its wake.

Executive Compensation Trends Remain Steady

October 2, 2001 ( - The number of financial services firms that make use of nonqualified deferred compensation (NQDC) and supplemental executive retirement plans (SERPs) is on the rise, a new survey finds.

Auto Enrollment Choices Impact Cost, Participation

August 2, 2001 ( - A new Vanguard survey of plan sponsor experience with automatic, or negative, enrollment indicates that while the practice can increase participation rates, it can increase plan costs with little corresponding benefit in the absence of the proactive involvement of plan sponsors.

Eaton Vance on Buying Binge

August 2, 2001 ( - Eaton Vance has signed a definitive agreement to acquire 70% of Atlanta Capital Management Company for $75 million - a move that comes on the heels of recently announced plans to acquire Fox Asset Management.

401(k)s Losing Momentum

May 2, 2001 ( - Volatile equity markets took a toll on 401(k) plan assets last year, with balances shrinking by $72 billion, losing ground for the first time since the inception of the popular retirement plan.