Most TDFs Employ a “Through” Glidepath
June 18, 2012 (PLANSPONSOR.com) – More than six in 10 target-date funds (63.6%) surveyed by Callan employ a glidepath managed “through” retirement.
Administration
Nursing Home Stays Deplete Seniors’ Assets
June 15, 2012 (PLANSPONSOR.com) – There are large differences in wealth levels between seniors who enter a nursing home and those who do not.
New York City Pension Funds Sue Wal-Mart
June 12, 2012 (PLANSPONSOR.com) - A group of New York City pension funds is suing current and former Wal-Mart executives over an alleged bribery scheme.
CalSTRS Expands Private Equity Program
June 12, 2012 (PLANSPONSOR.com) - The California State Teachers' Retirement System (CalSTRS) announced a $250 million expansion of its New and Next Generation Private Equity Manager Program with...
Pension Risk Transfer More Attractive with Increased Annuity Value
June 12, 2012 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index rose more than two points from its prior month’s level of 89.59 and currently sits at 91.66 as of...
Public Pensions Are Solidly Funded
June 11, 2012 (PLANSPONSOR.com) - State and local pension funds remain solidly funded, a study suggests.
PSNC 2012: Liability-Driven Investing
June 11, 2012 (PLANSPONSOR.com) – Clients that implemented liability-driven investing (LDI) before the recent financial crisis did not have the vast decline in funded status as others, noted...
PSNC 2012: Five Things to Know About Pension Risk Transfer
June 8, 2012 (PLANSPONSOR.com) – As more employers look to reduce risk from their defined benefit (DB) plans, there are some things they need to know.
529 Plan Assets Increase in Q1 2012
June 6, 2012 (PLANSPONSOR.com) -Total 529 college savings plan assets were an estimated $158.3 billion in Q1 2012, according to data from Financial Research Corporation (FRC), a division...
Aggregate Pension Plan Deficit Grows in May
June 4, 2012 (PLANSPONSOR.com) – Pension plan funding gains in the first quarter were wiped out in April and May, according to a report from Mercer.
GM Transfers Some Pension Risk
June 1, 2012 (PLANSPONSOR.com) - General Motors Co. will offer lump-sum payments to select U.S. salaried retirees.
Md. Retirement System Joins Vote Against Wal-Mart Board
May 31, 2012 (PLANSPONSOR.com) – The Maryland State Retirement and Pension System will vote against the election of the entire board of Wal-Mart Stores.
Alternatives Still Used, but Growth Diminishing
May 29, 2012 (PLANSPONSOR.com) – Institutional investors and financial advisers continue to use alternative investments, but the growth of their use has begun to slow.
ASPPA Asks for Elective Pension Funding Modifications
May 25, 2012 (PLANSPONSOR.com) - The American Society of Pension Professionals & Actuaries (ASPPA) sent lawmakers a letter of support for modifying pension funding rules to adjust for...
Majority of Americans Unfamiliar with 529 Plans
May 24, 2012 (PLANSPONSOR.com) – Sixty-two percent of Americans have no idea what a 529 college saving plan is, according to a survey released by financial services firm...
Conn. Treasurer to Vote Against Wal-Mart Board
May 24, 2012 (PLANSPONSOR.com) - Connecticut State Treasurer Denise L. Nappier is following other state pension fund leaders in rallying against board members at Wal-Mart Stores.
TDF Investors Need Better Graphics and Data
May 22, 2012 (PLANSPONSOR.com) - Several Morningstar divisions sent a letter to the Securities and Exchange Commission (SEC) urging the regulator to require target-date series to provide...
Actuaries Make Suggestions for Stabilizing Pension Funding
May 22, 2012 (PLANSPONSOR.com) – The American Academy of Actuaries has sent letters to lawmakers with suggestions for legislation to stabilize required pension plan contributions.
Mercer Asks Congress for Pension Funding Reforms
May 21, 2012 (PLANSPONSOR.com) – Mercer is concerned about the significant increase in pension funding requirements driven by historically-low interest rates.
More Multiemployer Pension Plans Fall Out of Green Zone
May 21, 2012 (PLANSPONSOR.com) - Results of Segal’s latest zone-status survey of multiemployer pension plans show that they are still facing formidable funding challenges.