The Tulare County Employees Retirement Association (TCERA) in California is accepting proposals from firms to provide investment consulting, monitoring, and advice services for the $924-million defined benefit public pension plan.
Following the deadline for responses to the Department of Labor and Treasury Department’s request for information about lifetime income options in retirement plans, the Government Accountability Office (GAO) has issued a letter detailing its findings about options outside of retirement plans.
Markov Processes International (MPI), which specializes in providing technology in the institutional and high-net-worth space, is now making available a Web-based manager research and reporting tool for all financial advisers.
The value and number of securities class-action settlements increased in 2009 from 2008, according to "Securities Class Action Settlements: 2009 Review and Analysis," an annual report by Cornerstone Research.
A federal appellate court has rebuffed a bid by former investment
broker Nathan Chapman Jr. to overturn his conviction for fraud against
the Maryland state pension system on "ineffective assistance of