Pension Investing – Why Equity Derivatives Now?

Pension Investing – Why Equity Derivatives Now?

Equity returns of 15% or higher would usually be cause for celebration among corporate pension plan investors. However, despite these strong returns, many plan sponsors have seen a decline in their funded ratios during 2019.  This is mainly attributable to falling...
Retirement Update – August 2019

Retirement Update – August 2019

Retirement Update Key Takeaways: Discount rates were down slightly in July US Equities posted modest returns, with small losses on international stocks All else equal, July was a quiet month for pensions, with little expected movement in most plans’ funded status...
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...