News Archive: May - 2021
The market won’t collapse all at once, yet the dip still will be painful, economist says.
Equities helped boost the investment portfolio’s asset value by more than $60 billion to $254.8 billion.
The plaintiffs claim switching from State Street has cost participants $100 million in losses.
The trend is mounting for corporate sponsors to shunt liabilities to insurers. But some don’t want to do that, and others can’t.
Without thoughtful preparation, offloading liabilities can be a costly and time-consuming endeavor.
Plans often do piecemeal deals, to reduce the chances of everything going down the tubes.
Despite economic fallout from the pandemic, defined contribution plan balances remain strong.