The consulting industry has a long history of being less than truthful about conflicts.
FORBES: Consultants Intensify Opposition to Investigations of Their Conflicts (June 1, 2005)
These articles describe some of the conflicts of interest involved in the pension consulting industry.
FORBES: Pension Consultant Conflicts of Interests (April 1, 2002 )
In late 2003 the SEC asked my firm for guidance in investigating the pension consulting industry.
Apparently the actuarial and consulting industry believes there are more suits coming their way.
FORBES: Actuarial Limitations of Liability? (LOL) Laugh Out Loud! (December 1, 2002 )
For 15 years I have spoken about the abuses in the pension consulting industry.
FORBES: U.S. Institute Senior Delegates�� Roundtable Speech (June 7, 2004 )
The pension consulting industry could emerge with a new professionalism as the regulatory environment changes.
FORBES: U.S. Institute Senior Delegates�� Roundtable Speech (June 7, 2004 )
Every year, billions of dollars are spent in the consulting industry on establishing a corporate strategy.
FORBES: Failed Strategy Execution Due to Oversight by Corporate Boards?
In May 2005 the SEC Staff issued a report on conflicts of interest in the pension consulting industry.
FORBES: Why the SEC Is In Danger of Becoming Irrelevant ( February 28, 2006 )
As if the high-priced, oversupplied consulting industry didn't have enough to worry about.
Faced with mounting allegations of wrongdoing, lawsuits and regulatory scrutiny, the pension consulting industry is bracing for harder times ahead.
Tom Rodenhauser of Kennedy Information, which studies the consulting industry, agrees that it has yet to make a breakthrough in high-end work.
In conclusion, the consulting industry is entering a period of rapid change.
FORBES: The Future of the Consulting Industry Speech, (September 19, 2005)
Were pensions that may have suffered harm ever made privy to the financial information the pension consulting industry provided to the SEC?
FORBES: Why the SEC Is In Danger of Becoming Irrelevant ( February 28, 2006 )
Critics of the pension-consulting industry have raised strong concerns about whether brokerage commissions are a powerful source of so-called pay to play abuses.
Apparently the fact that the SEC had investigated the pension consulting industry and found conflicts pervasive and disclosure practices wanting was not sufficient.
Pensions have been slow to accept that the pension consulting industry is riddled with conflicts of interest that result in real, quantifiable harm.
FORBES: U.S. Institute Senior Delegates�� Roundtable Speech (June 7, 2004 )
After the Securities and Exchange Commission (SEC) released its May 2005 report that found significant conflicts of interest within the pension consulting industry, Reps.
The more I learned about consulting industry the more I became convinced there was a need for greater professionalism, integrity and depth of service.
FORBES: The Future of the Consulting Industry Speech, (September 19, 2005)
And now Showtime is betting it can score a hit by poking fun at the consulting industry in all of its glory and depravity.
The consulting industry continues to follow the strategy that has worked so well for it in the past: deny and delay the day of reckoning.
FORBES: Consultants Intensify Opposition to Investigations of Their Conflicts (June 1, 2005)
It has been know in academia and in the consulting industry that a majority of active managers underperform the indexes they are trying to beat.
Firms with integrity should welcome scrutiny of the pension consulting industry.
We believe the investment consulting industry may try to take advantage of this movement for limitations of liability if the actuarial firms with investment consulting operations are successful.
FORBES: Actuarial Limitations of Liability? (LOL) Laugh Out Loud! (December 1, 2002 )
The investment consulting industry was let off the hook.
FORBES: Why the SEC Is In Danger of Becoming Irrelevant ( February 28, 2006 )
The result was a bonanza for the management-consulting industry.
Before returning to school, Petropoulos worked in the consulting industry, where one of his projects was improving the businesses of the thousands of independent owners of Ace Hardware stores across the country.
FORBES: Three Questions You Must Answer Before Leaving B-School
That could be good news for Mr Dell, who gains market share when his competitors prove unable to follow him, but it is bad news for the consulting industry that fed off his success.
It comes in the wake of long-held suspicions that the 1, 700-member pension consulting industry operates a "pay-to-play" system in which the advice it dispenses to pension funds is tainted by its own financial interests.
Given the ease with which data regarding fees can be compiled, we began to suspect the lack of in-depth fee information might be due, in part, to conflicts of interest in the pension consulting industry.
FORBES: Why Pension Investment Advisory Fees Are So High (January 1, 2003 )
The pension consulting industry has been fortunate.
FORBES: Investment Management Consultants: What's Behind the Veil? (April 1, 1996 )
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