The Internal Revenue Service on Friday said defined contribution plans’ use of a target-date fund series containing deferred annuities won’t violate IRS rules against DC plans...
October 24, 2014 | 03:45 pm
Amundi has acquired Bawag PSK Invest, the asset management subsidiary of Austrian bank Bawag PSK, said Amundi spokeswoman Natacha Sharp.
October 24, 2014 | 02:35 pm
Another church-affiliated hospital system is being sued by employees challenging its defined benefit plan’s exemption from federal pension law.
October 24, 2014 | 02:29 pm
Tesco PLC and its directors misled investors about its financial health, according to a Texas pension fund that sued the U.K.’s biggest retailer just as it’s facing an onslaught from...
October 24, 2014 | 02:24 pm
State Street Global Advisors had $2.421 trillion in assets under management as of Sept. 30, down 2.4% from three months earlier but up 8% from a year ago, said parent company State Street Corp.'s...
October 24, 2014 | 12:43 pm
Federated Investors reported $352.3 billion in assets under management as of Sept. 30, a 0.2% increase from the previous quarter but down 3.9% from the previous year.
October 23, 2014 | 05:36 pm
Joseph A. Fox was named executive director of the $8.5 billion Oklahoma Public Employees Retirement System effective Nov. 1.
October 23, 2014 | 05:18 pm
Janus Capital Group reported rising profits and revenues in the quarter ended Sept. 30, but net outflows continued another quarter.
October 23, 2014 | 04:14 pm
Close to 80% of real estate investors and managers expect the volume of equity capital investment in real estate to increase in 2015, said a survey, Emerging Trends in Real Estate 2015, by...
October 23, 2014 | 11:48 am
T. Rowe Price Group on Thursday reported $731.2 billion in assets under management as of Sept. 30, down 1% from three months earlier but up 13% from a year earlier.
October 23, 2014 | 03:09 pm
Simon Property Group Inc., seeking to avoid investor litigation, earlier this year eliminated a $120 million stock award to David Simon, chairman and CEO, in favor of a performance-based bonus.
October 23, 2014 | 03:25 pm
Canadian defined benefit plans in the RBC Investor & Treasury Services universe returned 1.1% in the third quarter and 8.6% for the first nine months of 2014.
October 23, 2014 | 03:30 pm
Senate Finance Committee Chairman Ron Wyden, D-Ore., and Senate Health, Education, Labor and Pensions Committee Chairman Tom Harkin, D-Iowa, want federal regulators to set clear guidelines for...
October 23, 2014 | 03:21 pm
Employees will be able contribute more to their defined contribution plans in tax year 2015, thanks to cost-of-living adjustments announced Thursday by the Internal Revenue Service.
October 23, 2014 | 03:18 pm
AllianceBernstein reported $473 billion in assets under management as of Sept. 30, a 1.5% decrease from the previous quarter but a 6.2% increase from a year earlier.