"High yield is a neglected asset class in the institutional world," says Andrew Feltus. "Most institutions see it only tactically, as part of a core-plus fixed-income mandate." One...
On October 15, schoolteacher Kathleen Casey-Kirschling became the country's first Baby Boomer to file for Social Security retirement benefits, and the Social Security Administration touted it as the...
There is nothing like tumultuous times to highlight the value of, and reinforce the need for, expert help for plan fiduciaries and, yes, it surely plays to the...
I was at a conference a couple of months ago, when the CEO of a large, national consulting firm stood up and commented on the increased fiduciary burden...
We all have them: those front-line experiences that are -inevitable when one deals with the varietyand sensitivityof issues associated with human beings and critical life events. Sometimes those...
In the lobby of Alcatel Lucent headquarters in Murray Hill, New Jersey, busts of storied inventors from the Bell Laboratories' era gaze down at visitors.
The ink was barely dry on the final qualified default investment alternative (QDIA) regulations when we asked readers in late October for their take on the final result.
In just a few weeks, the Pension Protection Act (PPA) will be upon us. Given recent interest-rate and asset-value trends, some defined benefit (DB) plan sponsors actually may...
On October 24, 2007, the Department of Labor (DoL) at last issued a final regulation addressing the selection of default investment options for defined contribution plans.
I recently served as an expert witness on prudent process. My testimony focused on what a "prudent process" is and what fiduciaries do to satisfy that requirement. To...
Currently, less than 50% of Quiksilver Inc.'s eligible employees participate in the company's 401(k). That, however, should change on January 1, 2008, when employees will begin to be...
It has become well established that 401(k) participants do not have the time, skill, or inclination to manage their 401(k) accounts. "Participants are supposed to be good investment...