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Part of River and Mercantile Group PLC P-Solve Monthly Retirement Update June 2018 Download a PDF version of this article… Key Takeaways: ✔ Discount rates were relatively flat during May. ✔ Markets saw more volatility in May due to...
The number of lawsuits against 401(k) plan sponsors, recordkeepers, and advisors has exploded and no 401(k) plan sponsor is immune.
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.
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.
P-Solve’s, Marc Fandetti, explains why it is wrong to compare pension fund and 401(k) performance.
With the growing number of annuity purchases taking place in the market today, it is imperative that plan sponsors understand the fiduciary implications for implementing this de-risking strategy.
P-Solve’s, Michael Clark and Marc Fandetii, will be speaking at the 2018 Retirement Industry Conference as well as 3 upcoming P&I 401(k) and 403(b) Investment Conferences.
P-Solve Insights P-Solve managing director, Ryan McGlothlin, will be speaking at this year's Enrolled Actuaries Meeting in Washington, DC on April, 09, 2018, 2:45PM - 4:00PM EST Ryan will be speaking in the investment issues session, 301 - Investment...
The small drop in discount rates during the month will increase liabilities for most plans, while the generally negative equity returns will ensure that investments don’t make up for this liability increase. Neither the discount rate movement nor the asset performance was catastrophic, but the majority of plans will likely see a drop in their funded percentage.
Plan sponsors should see little change in funded status as of the end of February. Negative equity returns offset decreasing liabilities. Discount rates rose by over 0.2% in February to their highest level since April 2017. At the same time, the 3.7% decline in the Russell 1000 index of US stocks represented to worst monthly performance for equities since January 2016, when stocks fell by 5.4%.