Two pension funds separately won record-high support for shareholder social proposals at any company. Both votes were for resolutions at CF Industries.
May 17, 2013 | 02:55 pm
National Hockey League Players' Retirement Benefits Plan, New York, hired Graystone Consulting as investment consultant and Horizon Actuarial Services as actuarial...
May 13, 2013 | 11:53 am
Labor groups are putting pressure on Oaktree Capital Group, the Tribune Co.’s largest shareholder, to prevent the possible sale of the Los Angeles Times to billionaire brothers David and...
May 09, 2013 | 11:35 am
Master trusts in the Wilshire Trust Universe Comparison Service had a median 4.77% return in the first quarter and 9.72% for the year ended March 31.
May 07, 2013 | 03:12 pm
International Association of Machinists National Pension Fund, Washington, hired executive search firm Heidrick & Struggles to conduct the search for its new chief investment officer.
April 23, 2013 | 03:14 pm
Goldman Sachs' bid to stop a class-action lawsuit led by the NECA-IBEW Health & Welfare Fund was rebuffed Tuesday by the Supreme Court, which declined to review the case.
March 19, 2013 | 04:05 pm
Florida State Board of Administration and the American Federation of State, County and Municipal Employees Pension Plan are seeking changes in Hewlett-Packard Co.'s board and will vote their shares...
March 11, 2013 | 03:32 pm
Distressed multiemployer plans show progress, but 'substantial percentage' still in peril — GAO study
Severely distressed multiemployer plans have made progress in solving their funding problems, but “a substantial percentage” of them do not expect to return to a healthier funded status,...
March 05, 2013 | 03:40 pm
Building-trade worker benefit funds that invested in feeder funds to Bernard L. Madoff Investment Securities won't be able to recover money from the Ponzi schemer's estate, a federal appeals court...
February 22, 2013 | 04:28 pm
A group of institutional investors representing $818 million in shares filed a shareholder proposal at J.P. Morgan Chase & Co., calling for an independent chairman of the board of the company.
February 20, 2013 | 03:35 pm
The U.S. multiemployer defined benefit pension system needs fundamental restructuring but it should come from the private sector, not government, argues a new report issued Tuesday by the National...
February 19, 2013 | 01:28 pm
More than one-third of corporate defined benefit plan sponsors are considering lump-sum payouts this year for retirees and vested former employees, up from 7% last year, according to a new survey by...
February 13, 2013 | 03:14 pm
Philadelphia Bakery Employers & Food Driver Salesmen's Local 463 and the Teamsters Local 676 Pension Plan, Valley Forge, Pa., hired SEI Investments as its first outsourced investment ...
February 01, 2013 | 02:29 pm
Western Conference of Teamsters Pension Trust, Seattle, delegated full discretionary authority to hire and fire investment managers to Alan D. Biller and Associates.
January 31, 2013 | 10:56 am
Three reports by the Pension Benefit Guaranty Corp. on the financial health of multiemployer defined benefit pension plans are raising calls from Capitol Hill for possible reforms to prevent plan...