Sears Chief Warns of Store Closings without Pension Relief
May 5, 2010 (PLANSPONSOR.com) – Without a bill extending deadlines for funding corporate pensions becoming law, the parent company of...
Tag: Defined Benefit (DB)
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BNY Mellon Unveils New Sec Lending Auction Option
May 4, 2010 (PLANSPONSOR.com) - BNY Mellon Asset Servicing has launched a new securities lending auction capability.
Benefits |
Different Courses for Public, Private Sector Pension Freezes
May 3, 2010 (PLANSPONSOR.com) – While a growing number of defined benefit plans are being frozen, the...
Benefits |
Hewitt Says “Freezing” Temperaments Rising
April 30, 2010 (PLANSPONSOREurope.com) – The pace of UK pension scheme freezes is accelerating – and could...
New IASB Proposal Could Increase Scrutiny of Risks Taken by DB Plans
April 29, 2010 (PLANSPONSOR.com) - The International Accounting Standards Board (IASB) on Thursday issued its exposure draft on accounting...
Benefits |
Redskins to Freeze DB Accounts for Non-Coach, Player Employees
April 27, 2010 (PLANSPONSOR.com) – The Washington Redskins football organization will freeze defined benefit pension accounts for non-player/coach personnel, but will continue...
Benefits |
Law Firms File ERISA Class Action Against Lutheran Publishers
April 26, 2010 (PLANSPONSOR.com) – A pair of litigators have teamed up to bring an ERISA class action...
Canadian DB Sponsors Most Want Funding Flexibility
April 23, 2010 (PLANSPONSOR.com) – A new poll by Aon Consulting Canada found employers believe that greater defined benefit funding...
Benefits |
FL Hospital Freezes DB Program
April 23, 2010 (PLANSPONSOR.com) – A large North Florida hospital system has announced plans to freeze its defined benefit pension...
Corporate Plans See Slight Improvement in 2009
April 20, 2010 (PLANSPONSOR.com) – The aggregate funding ratio for corporate pension plans increased from 80.2% to 83.4% and the...
N.Y. Pension Checks’ Delivery Slowed by Sorting Snafu
April 15, 2010 (PLANSPONSOR.com) – A U.S. Postal Service investigation has found that 60,000 New York state pension checks were...
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Three Firms Band Together for Pension Product Development
April 15, 2010 (PLANSPONSOR.com) – Accenture, CedarCrestone, and Oracle will be collaborating on the enhancement of Oracle’s Public Sector Pension...
Towers Pension Index Has 3.8% March Showing
April 14, 2010 (PLANSPONSOR.com) – The Towers Watson Pension Index recorded a 3.8% return for March, according to the...
Rohm and Haas Pension Settlement Gets Final OK
April 14, 2010 (PLANSPONSOR.com) – A federal judge in Indiana has granted final approval to an estimated $180-million settlement between...
Canadian Sponsors Moving on Funding Concerns
April 13, 2010 (PLANSPONSOR.com) – A majority of Canadian employers are taking substantive steps to mitigate the effects of the...
Future for State and Local Government Pension Funding not Bright
April 9, 2010 (PLANSPONSOR.com) – An update on the funding status of state and local government pension plans shows that...
Pensions See Modest 2009 Uptick
April 7, 2010 (PLANSPONSOR.com) –The financial health of the nation’s 100 largest corporate pension plans improved modestly in 2009,...
DB Plans’ Funded Ratio Ticks Up in Q110
April 6, 2010 (PLANSPONSOR.com) - The UBS Global Asset Management US Pension Fund Fitness Tracker found the typical pension plan...
Mercer Finds Corporate Plans Changing Allocations Seeking Recovery
April 6, 2010 (PLANSPONSOR.com) – Mercer says it believes that many sponsors are planning ahead seeking ways to prevent the...
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Morgan Stanley Creating Pensions, E&F Team
April 6, 2010 (PLANSPONSOR.com) – Morgan Stanley has announced a newly created sales and trading team that will focus on...