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 […]
The Rise of Robo Advisors
In the nearly two decades since their debut, online investment advisory services have enjoyed modest success in convincing some investors to use them. Now they’ve got a sexy new name—“robo advisors”—and with it perhaps an improved chance of winning customers. Much has changed since industry pioneers like mPower and Financial Engines starting providing online investment […]
Looking Back and Moving Forward
By Jim King, Prudential, SVIA Chairman As 2015 draws to a close, so does my tenure as Chairman of the Board of the Stable Value Investment Association. It’s been an eventful and exciting six years for me serving on the Board and for the stable value industry as a whole. As I sat down […]
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 […]
Policy Maker Outlines Ideas for Improving Retirement Savings Plans
The modern defined contribution retirement savings plan—what most people today know as a 401(k)—is now three decades old. Its close cousins, 457 and 403(b) plans, have been around even longer. We’re still trying to get them right. The problem? While Americans held approximately $6.8 trillion in defined contribution plans at year-end 2014, according to the […]
Stable Times Volume 19 Issue 2
Download PDF The biannual publication of the Stable Value Investment Association that covers both industry concerns and association activities. Table of contents: Looking Back and Moving Forward Policy Maker Outlines Ideas for Improving Retirement Savings Plans Consumer Interest Groups Back Proposed New Fiduciary Standards Millennials’ Financial Outlook Better than Advertised—At Least for Some Fixed-Income Managers […]