Table of Contents
Table of Contents
The “Entitlement” Thing
Popular culture in the US seems to be built around generations:
Table of Contents
Table of Contents
Staying the Course
A 400-point-plus market downturn tested defined contribution investors' commitment to equities last...
Table of Contents
Table of Contents
Cost Consciousness
Cost increases at defined benefit plans-especially small ones-outpace those at defined contribution...
Table of Contents |September 1996
Employees, or independent contractors?
Three IRS initiatives attempt to provide some relief for employers who face review of their workers' tax status. But the critics are not entirely pleased.
Table of Contents |September 1996
Going for the Goal
Linking money managers' pay to performance seems inherently logical and fair. But designing performance-based compensation contracts can be frustratingly complicated. No wonder plan sponsors have been slow to...
Table of Contents |September 1996
Washington Windfall
Generous congressional retirement benefits are turning former lawmakers into pension millionaires. Some want to change this. But will they create a true "citizen's Congress," or just a rich...
Table of Contents |September 1996
Ottawa’s pension give-backs
In Canada, opposition parties are complaining that cutbacks and reforms enacted last year were not enough. Some have given up their pensions in protest.
Table of Contents |September 1996
The Rating Game
Public funds earn extra returns by selling credit enhancements, liquidity facilities
Table of Contents |September 1996
International Small Cap Returns
Despite benchmark complaints, some investors are reaping rewards
Table of Contents |September 1996
Funds of funds
Why managers expect pensions to buy their approach to hedge fund investing
Table of Contents |September 1996
Bargain Shoppers
As Japanese investors unload US real estate, pension plans look to snap it up
Table of Contents |September 1996
Money Manager Transitions
How to control the cost of changing money managers
Table of Contents |September 1996
Seeing is believing
What on-site visits can reveal about prospective outsourcing providers
Table of Contents |September 1996
What’s new?
Start-ups favor 401(k)s, but spinoffs are sticking with defined benefit plans
Table of Contents |September 1996
Countdown for multinationals
Long-awaited 404A regs will set foreign pension deductions
Table of Contents |September 1996
Derivatives guidance
DoL letter emphasizes risk management, fiduciary education, stress testing
Table of Contents |September 1996
Risk matters
Using downside risk analysis to set plan options and help participants make choices
Table of Contents |September 1996
The Meaning of Risk
Under existing Securities and Exchange Commission rules, mutual funds are allowed to provide very general information about risk
Table of Contents |September 1996
Inflated expectations?
US Treasury's inflation-indexed bonds could prove a mixed blessing
Table of Contents |September 1996
New Ballgame
GASB will require government employers to prefund retiree health benefits
Table of Contents |September 1996
Watered down
How a measure to curb disability retirement abuse faded in Massachusetts
Table of Contents |September 1996
Beyond alliances
What consultant and master trustees hope to offer plan sponsors by merging
Table of Contents |September 1996
Accounting Practices and Investing
Why improved accounting practices will help investors
Table of Contents |September 1996
You are what you measure
In simpler days, it was enough for pension sponsors to measure annual return or compare that return with actuarial assumptions in order to demonstrate performance.
Table of Contents |September 1996
Arthur Dreves
Retired Sea Warfare Program, Control Officer, US Navy, 72