DB Sponsors Increasingly Adopting LDI Strategies
May 10, 2011 (PLANSPONSOR.com) - A new survey from Aon Hewitt found that pension plan sponsors are shifting their asset allocation away from domestic equities in favor of...
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Assurant to Implement FastTrack Return-to-Work Solutions
May 10, 2011 (PLANSPONSOR.com) - Assurant Employee Benefits has announced it will implement FastTrack Return-to-Work Solutions to improve its claim triage and Return-to-Work programs.
BNY Mellon Hires Senior Strategist for Strategy & Solutions Group
May 10, 2011 (PLANSPONSOR.com) - BNY Mellon Asset Management has named Rumi Masih as a senior investment strategist in the Investment Strategy & Solutions Group.
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KS Senate Approves Pension Reform with no DC Plan
May 10, 2011 (PLANSPONSOR.com) - The Kansas Senate approved a proposal for attacking the funding problems facing the state pension system without starting a 401(k)-style plan for new...
Whistleblower Need not Contact SEC Directly to Claim Protections
May 10, 2011 (PLANSPONSOR.com) - The U.S. District Court for the Southern District of New York has ruled that a whistleblower need not personally contact the Securities and...
Church Pension Fund Selects New CEO
May 10, 2011 (PLANSPONSOR.com) - The Church Pension Fund Board of Trustees has elected Mary Kate Wold to succeed T. Dennis Sullivan as President and CEO.
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Report Rebuffs Arguments for Privatizing Social Security
May 9, 2011 (PLANSPONSOR.com) – A recent working paper published by the National Bureau of Economic Research critically analyzes previous attempts to explain conversions of government pension provision...
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Morningstar Introduces New Categories for Alternatives
May 9, 2011 (PLANSPONSOR.com) - Morningstar, Inc. has added 10 new alternative investment categories within the Morningstar Category classification system.
John Hancock Appoints New Management Team for Three Portfolios
May 9, 2011 (PLANSPONSOR.com) - John Hancock Asset Management, a division of Manulife Asset Management, has appointed the U.S. Core Value team to manage three portfolios offered by...
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Chubb Insurance to Pay $110K for Bias
May 9, 2011 (PLANSPONSOR.com) - A federal judge has entered a $110,000 consent decree that resolves a race discrimination and retaliation lawsuit brought against Federal Insurance Company, doing...
BNY Mellon Names President of Investment Management
May 9, 2011 (PLANSPONSOR.com) - BNY Mellon announced that Mitchell Harris has been named to the newly created position of president of its Investment Management division, which comprises...
Global/International Equity Funds Lead Flows in March
May 9, 2011 (PLANSPONSOR.com) - Stock and bond funds experienced net inflows of $32.7 billion in March, according to Financial Research Corporation (FRC).
Investors Increased Appetite for Large Cap and International ETFs
May 9, 2011 (PLANSPONSOR.com) - ETF industry assets rose $60.5 billion for the month of April - up 5.7%, according to State Street Global Advisors' ETF Snapshot report.
New York Life Appoints DCIO Regional VP
May 9, 2011 (PLANSPONSOR.com) - New York Life Investments has appointed Al Lazaro as regional vice president, Midwest region, for its defined contribution investment only (DCIO) practice.
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Colonial Life Launches Benefits Education Tool
May 9, 2011 (PLANSPONSOR.com) – Colonial Life has launched an interactive online tool offering a way for workers to individualize their benefits education and explore their unique benefits...
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CEO Pay Jumped in 2010
May 9, 2011 (PLANSPONSOR.com) - The median value of salaries, bonuses and long-term incentive awards for CEOs of 350 major companies in 2010 surged 11% to $9.3 million,...
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BlackRock Launches India Fund
May 9, 2011 (PLANSPONSOR.com) - BlackRock, Inc. announced the launch of the BlackRock India Fund (NASDAQ:BAINX).
VT Lawmakers Approve Tax Conformity to PPACA
May 9, 2011 (PLANSPONSOR.com) - Vermont lawmakers have approved a bill that would enable employers to offer coverage to employees’ adult children up to age 26 without the...
Towers Watson Appoints Florida Managing Consultant
May 9, 2011 (PLANSPONSOR.com) - Towers Watson announced the appointment of Donna Bahr-Landsea as managing consultant for Florida, which includes Towers Watson’s Miami and Tampa offices.
Groups Urge Legislators not to Disrupt Public Pension Oversight
May 6, 2011 (PLANSPONSOR.com) – Organizations testifying before a U.S. House panel contended that public pensions are faring better than recent reports say, and that current transparency measures...