PLANSPONSOR Magazine

Table of Contents |February 1994

Your Insurer, Your Fiduciary

In the wake of a surprising Supreme Court decision in the Hancock case, everybody seems to be scratching their heads, trying to figure out what it will mean.
Table of Contents |February 1994

Beyond Alliances

Tired of alliances? Feeling like they do not really provide one-stop access to defined contribution plan services? Northern Trust and Hazlehurst are betting you are.
Table of Contents |February 1994

No More “Prudent Klutz”

A new handbook seeks to educate public pension trustees about what it means to be a fiduciary.
Table of Contents |February 1994

Pandora’s Box

A proposed tax on pensions that own 10% of a foreign company has raised fears among pension investors.
Table of Contents |February 1994

Laborer’s Damage Control

Chuck Agles hopes to guide $15 billion of scandal-wracked union pensions into prudent investments.
Table of Contents |February 1994

Translating Respect Into Money

Plan Sponsor's 1994 Compensation Survey: Pension officials' status is rising as their responsibilities grow. But their take-home pay still reflects little of this.
Table of Contents |February 1994

Let the Plansponsor Beware

There is a risk measurement software package for everyone nowadays, it seems. But before buying, know exactly what you want to measure.
Table of Contents |February 1994

Managers of Our Insecurities

Most nuclear power plants will not be decommissioned for years to come. But for utilities struggling to fund decommissioning trusts, the problem has already arrived.
Table of Contents |February 1994

Felling Reactors like Trees

Not all nuclear utilities have seen fit to fund their decommissioning costs. Shoreham, and nearly all Canadian plants thus far, are opting for pay-as-you-go.
Table of Contents |February 1994

Foreign Fixed Income Catches On

More US pensions are buying bonds with foreign accents. Yet few are making an effort to balance international fixed income and equity weightings the way they do on...
Table of Contents |February 1994

No More Commingled Fund Queues

A new secondary market is making it easier to exit commingled real estate funds. Now, some players are developing networks to make this new market permanent.
Table of Contents |February 1994

Venture Capital’s Comeback

Pensions are returning to one of the 1980's boom-and-bust markets. But a new note of caution has crept in.
Table of Contents |February 1994

To Outsource, Or Not To Outsource

Sears, as part of a broad cost-cutting plan, is debating outsourcing some portion of its investment management business to external specialists.
Table of Contents |February 1994

Crossfire Over Cross-Testing

Treasury's proposal to eliminate cross-testing threatens age-weighted profit-sharing plans.
Table of Contents |February 1994

The Life Cycle Funds

Money managers are rolling out a new type of mutual fund family, which uses asset allocation tools to tailor participants' lifetime investment strategies.
Table of Contents |February 1994

A Voice in Washington

Fears of federal regulatory pressure on defined contribution assets have led to creation of a new lobbying group, the 401(k) Association.
Table of Contents |February 1994

Making the Most of Mortgages

Teachers Insurance's structured investment staff is finding creative ways to enhance yield in the volatile mortgage-backed securities market.
Table of Contents |February 1994

Targeting Texas

It took four years for the Lone Star State to get its ETI fund off the ground. But the Texas Growth fund confounded the doubters, and is now...
Table of Contents |February 1994

Managing Pensions Electronically

Open systems and relational databases are helping some plan sponsors to bring many crucial portfolio management functions in-house.
Table of Contents |February 1994

No Fee Relief

Despite talk of fee pressure and more internal investment management, pensions paid more for management, administration, and trust services in 1992.
Table of Contents |February 1994

The Buy Side, and Market Structure Reform

Despite talk of fee pressure and more internal investment management, pensions paid more for management, administration, and trust services in 1992.