June 14, 2011(PLANSPONSOR.com) - American Benefits Council President James A. Klein addressed the House of Representatives Committee on Education and the Workforce’s Subcommittee on Health, Employment, Labor, and Pensions recently.
March 7, 2011 (PLANSPONSOR.com) – The Securities and Exchange Commission (SEC) has proposed a rule mandating that certain financial institutions keep away from compensation arrangements encouraging inappropriate risk taking.
September 30, 2010 (PLANSPONSOR.com) - The Securities and Exchange Commission plans to introduce rules "in the next few weeks" that direct the agency to give shareholders in 2011 a vote on the pay packages of top executives at U.S. corporations, Chairwoman Mary Schapiro said in testimony before the Senate Banking Committee.
September 16, 2010 (PLANSPONSOR.com) – A new academic study suggests shareholders have not abused their use of “say on pay”, but have instead used the right to give input on executive compensation carefully.
July 16, 2010 (PLANSPONSOR.com) - Ohio Attorney General Richard Cordray has announced a $725 million securities class action settlement against American International Group, Inc. (AIG), as well as certain individual directors and officers.
July 16, 2010 (PLANSPONSOR.com) – The sweeping financial reform legislation approved by the U.S. Senate on Thursday contains a number of corporate governance provisions, including giving shareholders a non-binding vote on executive pay and golden parachutes.
July 14, 2010 (PLANSPONSOR.com) - The Securities and Exchange Commission is taking a fresh look at the U.S. proxy system, and asking if rule revisions should be considered “to promote greater efficiency and transparency”.
May 11, 2010 (PLANSPONSOR.com) - Corporate Boards are taking a bigger role in setting and enforcing performance standards, according to a new survey by independent compensation consultants Pearl Meyer & Partners.
April 8, 2010 (PLANSPONSOR.com) - The Conference Board Governance Center
has published The Shareholder Activism
Report and Resource Portal, a
comprehensive set of resources to help board members and their advisers engage
with investors, assess their demands, and adequately respond.