| | From the Magazine | | A Balancing Act | | In the factory, we manufacture cosmetics. In the stores, we sell hope,” makeup magnate Charles Revson, creator of Revlon, is said to have often declared. Sponsors of defined contribution (DC) retirement plans, and their consultants and advisers, face a similar contrast: They perform rigorous analyses of the processes, cultures and results of investment managers and then hope the firms can live up to expectations with outperformance of their benchmarks. “But nobody has a crystal ball—nobody can see how well a manager will do in the future,” says Ryan Gardner, managing partner and senior consultant at Fiduciary Investment Advisors.Read more > | | | Products, Deals and People | | Startup Focuses on Connecting Employees With Primary Care | | Employees that do not get good primary care drive up employer health costs, so a former hospital administrator started a marketplace to help employers encourage primary care use.Read more > | | Retirement Industry People Moves | | AndCo names new senior consultant; Private equity director joins Hirtle Callaghan; Empower Retirement selects chief product officer; and more.Read more > |
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