PLANSPONSOR Magazine
COVER
Plan Sponsor April 1994 Letter from the Editor in Chief
Plansponsor April 1994 Letter from the
Editor-in-Chief
Editorial
Editorial
Plan Sponsor April 1994 Letter from the Editor in Chief
Plansponsor April 1994 Letter from the Editor-in-Chief
Editorial
Editorial
Brave New World
Once again it is a brave new world-for consultants and their clients,...
Table of Contents
Table of Contents
Hitting the Next Pitch
Misleading trade cost measurements are appreciably worse than none at all.
Table of Contents |April 1994
Immediate Deductibility Wins
An appeals court gives plan sponsors immediate deductibility for deferred compensation compensation plan contributions.
Table of Contents |April 1994
CALPERS To…
The public fund giant weighs into a competitive California market with a new program supported by State Street Bank.
Table of Contents |April 1994
TIFF Makes It’s Pick
The poooled fund sponsor for foundations picks AMT as it prepares to launch its first family of funds.
Table of Contents |April 1994
Reading the Game
Pension asset consulting is a business in transition. As plan sponsors' needs change, the generalist consultants that serve them are refocusing to meet the challenge.
Table of Contents |April 1994
Benefits Consultants Move In
Consultants from the liability side of pension practice are arguing for, and getting, a bigger role in the asset allocation process.
Table of Contents |April 1994
Selling The Orient
US plan sponsors are being steered, cajoled, and exhorted to invest in Asia's emerging economies. The enticements are clear, the risks less so.
Table of Contents |April 1994
“Pre-emerging” Asian markets: Vietnam and North Korea
Care to look beyond the horizon to the next wave of emerging East Asian markets? Zealous promoters have two in mind for you-Vietnam and (yes!) North Korea
Table of Contents |April 1994
The Weight Falls
The SEC is cracking down on public companies that do not comply with FAS 87. For some, the change can mean the difference between overfunding and underfunding.
Table of Contents |April 1994
What FASB Said, and When
What FASB said, and when, about discount rates for pension plans
Table of Contents |April 1994
Choosing To Misunderstand?
Compliance with accounting standards is not always required, it seems.
Table of Contents |April 1994
Your Own Backyard
Local investments used to be an invitation for trouble to most pension sponsors. But now that political and other pressures favor them, some plans are taking a second...
Table of Contents |April 1994
GM’s Latest Model
GM is testing ERISA restrictions with a plan to reduce its underfunded pension liability through infusion of E shares. But do not expect the idea to fly with...
Table of Contents |April 1994
Back On The Buyout Trail
A slew of new LBO funds are attracting pension money. But the new buyout market is very different today from its high-flying 1980s predecessor.
Table of Contents |April 1994
Sale-Leasebacks Come of Age
A modest form of real estate-linked investment is coming into its own as an asset class.
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Big Blue’s Pension Blues
IBM's decision to slash in-house pension management highlights the movement to reassess costs outside the core business.
Table of Contents |April 1994
Picking Up The Pieces
Pension schemes of the late Robert Maxwell's companies are living hand-to-mouth. Can a UK government bailout be far off?
Table of Contents |April 1994
“Prudent Person” Comes to Canada
Some $41 billion of federally regulated pensions have broader investment parameters since Canada adopted the "prudent person" principle last summer
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Redesigning For Success
How a Texas engineering firm redesigned its 401(k), adding new and customized fund options, and persuaded participants to go beyond GICs.
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Waiting On The Dollar
Tennessee's retirement system runs its currency overlay program in-house. The results have been mostly a wash, but the program's manager expects that to change.
Table of Contents |April 1994
Prognosis Uncertain
Two court decisions send mixed signals as to whether ERISA preempts states from slapping hospital rate-setting schemes on self-insured benefits plans.
Table of Contents |April 1994
Still Squeezed After All These Years
Treasury auction reforms have created a more efficient, automated market. But most pension investors still find the environment less than friendly.
Table of Contents |April 1994
A New Deal From Custodians
Treasury auction reforms have created a more efficient, automated market. But most pension investors still find the environment less than friendly.
Table of Contents |April 1994
Schwan’s Way
Public fund boards are tightening oversight of executive directors and their staffs. Washington's decision not to automatically renew Basil Schwan's contract is the latest example.