News

Retirement Update – August 2018

Retirement Update – August 2018

The FTSE (formerly Citi) Pension Liability Index remains close to 2 year highs. For most plans this means liabilities will have fallen relative to assets and funding will have improved over recent periods. While the market expects the Fed to raise short term interest rates further several times, this expectation is already priced in to the long term interest rates that impact pension liability valuations. Recently, markets have been moving more in response to the risks of an escalating ‘trade war’.

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Reasons to Hire an Institutional Investment Advisor

Reasons to Hire an Institutional Investment Advisor

Many defined contribution retirement plan sponsors choose not to work with an institutional investment advisor. In this note we explain why unadvised plan sponsors could be patsies in the game of picking skilled active managers: the pros are likely eating their lunch.

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Retirement Update – July 2018

Retirement Update – July 2018

Rising rates should provide continued good news for many plans, especially those which are more heavily invested in equities, since liabilities will have fallen while assets grew modestly. The FTSE (formerly Citi) Pension Liability Index is now at its highest month-end value since January 2017. This an ideal time for plan sponsors who are in the process of an annuity purchase as they are able to capitalize on the high rates.

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Retirement Update – June 2018

Retirement Update – June 2018

Flat discount rates and equity gains will result in small funded status gains for plan sponsors during May. Year-to-date plans should be ahead of where they were at the beginning of 2018 due to rising interest rates. Discount rates continue to be the driving factor in funded status changes so far in 2018.

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P-Solve to Rebrand as River and Mercantile Solutions

P-Solve to Rebrand as River and Mercantile Solutions

The alignment of a consistent brand across the River and Mercantile Group reflects the increasing degree to which the macro thinking across the business is used to develop the investment views and advice for all the Group’s clients.

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Retirement Update – May 2018

Retirement Update – May 2018

The rise in discount rates during the month will decrease liabilities for most plans.  This, combined with a flat US equity market across the month, will have the majority of plans seeing an improved funded percentage.

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