Interest Rates – Where to From Here?

Interest Rates – Where to From Here?

Understanding the dynamics that drive interest rates is critical to understanding the level of current rates, why they have changed in the past, and how they might change in the future. This understanding allows investors and pension sponsors to make informed...
2018 Pension Plan Report Card – C+ Year

2018 Pension Plan Report Card – C+ Year

Last year was a so-so year at best for most plan sponsors. For most of the year things looked good but by the end of 2018 there were few things to celebrate. The good news was that interest rates were up year-over-year, but, in December, rates gave up some of the...
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 – that is, one focused on retirement plans. In this note we explain why unadvised plan sponsors could be patsies in the game of picking skilled active...
Comparing DB and DC Returns

Comparing DB and DC Returns

Introduction A recent study comparing Defined Contribution (DC) to Defined Benefit fund (DB) returns concluded that “DC Plans Have Come a Long Way!” 1 Citing lower costs, improved diversification – thanks primarily to Target Date Fund (TDF) prevalence and less company...
Target Date Funds: Three Things to Consider

Target Date Funds: Three Things to Consider

  Download a PDF version of this article… Target Date Funds (TDF) have become increasingly important to the retirement security of 401(k) investors. As with any investment option, plan fiduciaries have a duty to select and monitor their TDF according to a...
A Return to Normal Volatility?

A Return to Normal Volatility?

The equity markets have been extremely volatile over the past two weeks.   The S&P 500 dropped over 200 points (almost 8%) in only a few days before bouncing back; January’s gains evaporated. Other equity indices showed similar results. Are these market movements...