How Stable Is Stable Value For 401(K)S?
Without a doubt, stable value is experiencing a resurgence of sorts in the wake of money market reform and recent volatility. Pavilion Advisory Group interviewed four major stable value managers (Galliard, JPMorgan, New York Life and Putnam) on the state of the marketplace. Key questions asked were: What major trends did you notice in 2015? […]
New research from Prudential predicts expansion of stable value market
Growing numbers of plan sponsors and intermediaries may be open to embracing stable value in the coming years, according to a new white paper released today by Prudential Retirement, a business unit of Prudential Financial, Inc. (NYSE: PRU). Favorable perceptions of stable value among plan sponsors and intermediaries coupled with the changing regulatory environment for […]
The Stable Value Conundrum
For years, fewer than half of defined contribution (DC) plans have offered stable value funds. It’s not because plan sponsors and plan advisers don’t know about the asset class. And it’s not because they don’t know about stable value’s benefits: most people know the funds offer steady returns and principal protections. Prudential Retirement set out […]
Stable Value Making a Comeback
A recent survey found that 30% of intermediaries who recommend stable value offerings say they are doing so more this year than they did last year, and 35% say they expect that trend to accelerate over the next three years. The Prudential survey of more than 400 plan sponsors and 300 intermediaries (advisors and consultants […]
Millennials’ Financial Outlook Better than Advertised—At Least for Some
Conventional wisdom holds that young adults today face a dimmer financial future than their parents and grandparents. It’s a sentiment exacerbated, certainly, by the financial crisis of 2008, the great recession that accompanied it, and the slow pace of economic recovery since then. In a recent survey by the Pew Research Center, the vast majority […]
Fixed-Income Managers See Opportunities Despite Low Interest Rates
Despite extraordinarily low interest rates that would seem to have nowhere to go but up, some investment managers contend that fixed-income markets were offering some solid opportunities heading into 2016. A key variable in that outlook is U.S. monetary policy. Ever since the Federal Reserve set the target for its benchmark federal funds rate near […]
Advisor to Global Leaders Sees U.S. in Throes of Political and Social Revolution
The deep partisan divide in Washington, D.C., may suggest to some that the country’s future is not as bright as its past. Best-selling author and polling advisor Stanley Greenberg isn’t among them. He contends the U.S. is poised for further greatness. But he does see the country being transformed by a series of revolutions whose […]
Making Government Work: A Former Congressman’s Plan to Revive American Democracy
To watch American elections is to watch democracy in action. Or maybe not. As former U.S. Congressman Mickey Edwards sees it, the United States has devolved to a point where the most extreme members of the two major political parties—not the public at large—control who can get elected. That’s not democracy, he argues, and he […]
Advisors, Consultants, Sponsors and Defined Contribution Plans
If there’s a relevant rallying cry for the retirement plan industry right now, it might be this: embrace change. That, at least, was the underlying message from Greg Jenkins, senior director with Invesco Advisors, Inc., in a talk at the SVIA’s 2015 Fall Forum in October. Jenkins, also chair of Invesco’s Defined Contribution Institute, painted […]
