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With BP Investments, Pensions Win or Lose

by Editorial Staff

Wed, Jun 23, 2010

BP's falling share price has cost the NY state pension fund more than $30 million, but NJ's public pension fund earned a $5.5 million profit from its investment in BP plc.

Lincoln Financial to Repay U.S. Treasury Investment

by Editorial Staff

Wed, Jun 23, 2010

To repurchase almost $1 billion in preferred shares, Lincoln Financial Group is selling $335 million worth of common stock and up to $750 million of senior notes.

French Retirement Age May Rise to 62

by Editorial Staff

Tue, Jun 22, 2010

The move is expected to allow the government to save €18bn, or about $27 billion, and combat a growing pensions deficit.

Loyalty to Plan Providers Varies By Plan Size—Cogent

by Editorial Staff

Wed, Jun 23, 2010

Plan providers are able to win loyalty in each size-tier to the extent that they meet the needs of that tier, says Cogent Research.

SEC Proposes More Disclosures for TDFs

by Editorial Staff

Wed, Jun 23, 2010

Under one proposed rule, marketing materials that include a date in a target date fund’s name must also disclose the fund’s asset allocation at the target date.