Alternatives to Drive Investment Manager Search Activity
March 20, 2012 (PLANSPONSOR.com) - Private equity, hedge funds and real estate will drive a combined 20% of all...
Administration
Alternatives to Drive Investment Manager Search Activity
March 20, 2012 (PLANSPONSOR.com) - Private equity, hedge funds and real estate will drive a combined 20% of all...
Ohio Pensions Cut Ties with State Street and BNY Mellon
March 20, 2012 (PLANSPONSOR.com) – Ohio’s state treasurer cut ties with State Street Corp. and Bank of New York Mellon Corp.
GAO Reemphasizes Need for Alternative Investment Guidance
March 19, 2012 (PLANSPONSOR.com) – The Government Accountability Office (GAO) reemphasized its recommendation that the Department of Labor (DoL) provide guidance for defined benefit plans investing in alternative...
N.C. Sues Bank of New York Mellon for Pension Loss
March 16, 2012 (PLANSPONSOR.com) – The North Carolina treasurer’s office is suing the Bank of New York Mellon Corp.
Institutional Investors Expect Increase in EM Equity Allocation
March 15, 2012 (PLANSPONSOR.com) – According to the Commonfund Investor Outlook Survey, institutional investor expectations for 2012 remain strong.
Institutional Investors Expect Increase in EM Equity Allocation
March 15, 2012 (PLANSPONSOR.com) – According to the Commonfund Investor Outlook Survey, institutional investor expectations for 2012 remain strong.
CalPERS Lowers Return Assumption
March 14, 2012 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) gave final approval to a quarter-point reduction in its assumed rate of return.
Callan DC Index Suffers First Annual Loss Since 2008
March 14, 2012 (PLANSPONSOR.com) - The Callan DC Index bounced back from a disappointing third quarter to post a gain of nearly 7% in the fourth quarter of...
TDFs Decrease 401(k) Investing Extremes
March 13, 2012 (PLANSPONSOR.com) - In 2011, 18% of Vanguard retirement plan participants held extreme asset allocations—10% with only equities and 8% with no equities.
Ohio Pension Funds Sue BNY Mellon
March 13, 2012 (PLANSPONSOR.com) – Ohio’s attorney general filed a lawsuit against Bank of New York Mellon Corp for...
More Organizations Considering Investment Outsourcing
March 13, 2012 (PLANSPONSOR.com) – A survey by Mercer found that 41% of organizations with assets below $500 million are considering investment outsourcing.
Pension Risk Transfer Index Lowest Since December 2010
March 13, 2012 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index dropped one point from the prior month’s level of 86.35 and currently sits at 85.31 as of...
Workers Skittish about Use of Technology for Finances
March 13, 2012 (PLANSPONSOR.com) - Workers are slow to embrace new technologies to help them manage their finances.
Conn. Pension Bailout Plan Approved
March 12, 2012 (PLANSPONSOR.com) – Connecticut Governor Dannel P. Malloy’s plan to pay down the state pension plan’s debt was approved last week.
Conn. Pension Bailout Plan Approved
March 12, 2012 (PLANSPONSOR.com) – Connecticut Governor Dannel P. Malloy’s plan to pay down the state pension plan’s debt was approved last week.
ABC Urges Change to Calculation of Pension Liabilities
March 12, 2012 (PLANSPONSOR.com) - American Benefits Council (ABC) President James A. Klein told lawmakers that low interest rates are creating a skewed picture of pension deficits.
Ford to Offer Salaried Employees Pension Payouts
March 9, 2012 (PLANSPONSOR.com) - In order to contain the long-term risk of future pension obligations, Ford plans on paying salaried pensions in lump sums.
SDCERA Supported in Decision to Fire Investment Officer
March 9, 2012 (PLANSPONSOR.com) - The San Diego County Civil Service Commission determined that the San Diego County Employees Retirement Association (SDCERA) was right in terminating former investment...
Many Nonprofits Lack Financial Knowledge
March 9, 2012 (PLANSPONSOR.com) - Approximately 76% of nonprofits responding to a survey consider themselves to be knowledgeable in financial principles and concepts.