October 22, 2012

by The Morning Pulse

401(a)/(k) / 403(b) / 457(b) RETIREMENT PLANS

 A better retirement withdrawal strategy — from the tax man

 Retirees, Pre-Retirees Still Hurting but More Confident Than in 2009: SOA

 What You Don’t Know About Your Company’s Stock Can Hurt Your 401(k)

 Fees Eating Away at Your 401(K)?

 Time to Address the Retirement Savings Crisis

 Seven in 10 Large U.S. Companies Now Offer Only 401(k) Retirement Plans to New Salaried Employees, Towers Watson Analysis Finds

 How Stable Is Your Glide Path?

 Variable annuities and the lifetime income challenge

 PENSION PLANS

 Analysis: US companies take aim at pension risk with lump-sum offers

 The looming shortfall in public pension costs

Prudential inks pension risk transfer agreement with Verizon Communications

 AT&T seeks to stoke pensions with $9.5B in shares

 UK Corporate Pensions Want More Funding, Not More LDI

 Bankrupt San Bernardino Halts Pension Payments to CalPERS

 Russia’s pension rollback dismays investors

 SUPERVALU rings up $93 million in contributions

 Did Pension Investment Go Too Far?

 Pension advocacy group calls for temporary halt to lump-sum buyouts

 “Weak” Link Between Pension Funding and Economic Growth

 THE CAPITAL MARKETS

 GOLDMAN: Global Economic Momentum Has Picked Up For The First Time This Year

 S&P 500 Weekly Gain Trimmed as Tech Slump Tempers Economy

U.S. Will Regain Prominence As Economic Power According To Research Team

 China’s Industrial Profits Reveal The Shift In The Fundamental Economic Policy

 Treasury Yields/Mortgage Update: Yields Rise, 30-Year Mortgage Falls

Index of US Leading Indicators Rose 0.6% in September

 In Muni Sector, High-Yield Bonds Are Cooling, but State Bonds Are Hot

No Alpha: Evensky’s New Research Delivers Fresh Blow to Actively Managed Funds

 US Treasurys Push Higher Despite Upbeat Economic Data

 U.S. Stocks Rise as Investors Digest Economic Data Amid Earnings

College Educated Take On More Debt

 J.P. Morgan Recommends Factor Risk Parity

 Emerging-markets ETFs just got complicated

 20-Somethings Buck Pressure to Spend

 ALTERNATIVES

 SEC Slams Hedge Fund for Allegedly Lying About Returns

 Return Expectation for Private Equity Shouldn’t Be Lower, Says Blackstone’s James

 Hedge funds reach record size thanks to recent strong returns

Private Equity Plays Stock vs. Bond Arbitrage

Investors fall out of love with hedge funds

Private equity: due diligence in EMs

Venture Capital — Another Breeding Ground for Private Equity

Citigroup Agreed to Carve Out Hedge Funds Before Pandit’s Exit

Hedge fund sees withdrawals rise

HEALTH & WELFARE PLANS

Using PPACA to overcome the obesity challenge

Defined Contribution Health Plans: Bring Your Own Coverage

Genworth Redefines ‘Healthy’: Pre-existing Conditions Not Always Barrier to Life Insurance

Defined Contribution: A Healthcare Win for Brokers, Employers & Employees

RI first state to adopt regs to require flu shots for healthcare workers

US and UK Healthcare Systems Should Learn From Each Other, Experts Conclude

Chicago’s Cook County wants tax on bullets to pay for healthcare

Turning Consumers Into Shoppers: Using High-Deductible Plans Wisely

Researcher: Older Medicare drug plans cost more

A new way of combatting increasing health care costs

ENDOWMENTS

U.’s endowment sees lowest return since ’09

University of Michigan endowment dips to $7.7B in fiscal 2012

Oxford Endowment Chief Attacks Private Equity

Coe College Raises $90 Million in Largest-Ever Campaign

Princeton endowment returns 3.1 percent, significant drop from recent years

Verbum Ultimum: A Rising Price Tag

REGULATORY, LEGISLATIVE AND LITIGATION

ERISA Litigation Update, October 18, 2012

ERISA Gurus Reish, Campbell Urge DOL to Create 408(b)(2) ‘Corrections Program’

How to Prepare for—and Prevent—a DOL Audit

Handouts from IRS Phone Forum on Lifetime Annuities

COMPENSATION AND NONQUALIFIED BENEFITS

FICA’s Bigger Bite: Wages Subject to Social Security Tax to Increase in 2013

INSURANCE INDUSTRY HIGHIGHTS

Senators Join Industry in Calling on Regulators to Avoid Bank-Centric Rules for Insurers

Independent Agencies On the Rise Again, Survey Shows

U.S. Companies Spend Most on Liability Insurance, Led by Services Industry

Insurance industry under fire for how it prices auto policies

That Rare Bird: A Straight-talking Broker

Genworth: Many Americans with pre-existing conditions hold no life insurance

RGA: many insurers shopping blocks of business

Munich Re: Reinsurers Should Account for Climate Change-Driven Disasters in Pricing

Too-Big-To-Fail Insurers Need to Cut Risks, Association Says

BENEFITS TECHNOLOGY

Questions P&C Insurers Need to Ask When Shopping for Rating Software

Some CFOs Still Find Cloud Ominous

Enterprise Tablet Apps Add to Convenience for Producers

Technology Indistinguishable from Business for Insurers

Putting Global Cloud Standards on the Map