Beyond QDIAs: Exploring Growth Paths for Stable Value
In 2007, the U.S. Department of Labor issued regulations dictating which types of investments would qualify as appropriate default investment options in defined contribution retirement savings plans. The DOL left stable value funds—then one of the most popular investments in retirement plans—off the list, concerned that plan participants would need exposure to stocks to meet their long-term retirement savings goals. Instead, the DOL designated target-date funds, which typically hold a mix of stocks, bonds, and sometimes cash, as Qualified Default Investment Alternatives (QDIAs).
Negative Stable Value Cash Flows—And What Plan Sponsors Can Do About Them
Stable value funds have experienced negative cash flows since 2022. In a[EA1]Â wide-ranging panel presentation at the 2024 SVIA Spring Seminar, retirement industry consultants and researchers suggested a few explanations for those outflows and also discussed steps plan sponsors can take to make their plans more responsive to the needs of plan participants.
Goldman Sachs Asset Management Strategist Projects Continued U.S. Economic Growth
Viewed in isolation, there are plenty of reasons to feel negative about the U.S. economy and financial markets. There’s the inverted yield curve in the bond market, which can be a harbinger of recession. Consumer confidence is low. Geopolitical tensions are high. And inflation, while moderating, is still weighing on the American psyche.
Job Posting: Corporate Vice President (SVIO)
Job Posting: Corporate Vice President (SVIO), New York Life We currently have an opening in the Eastern territory for a Corporate Vice President, Stable Value Investment Only Sales within Institutional Annuities.Summary of Responsibilities: The Corporate Vice President, Stable Value Investment Only (SVIO) Sales position is responsible for directing sales efforts for an assigned geographic territory by identifying, […]
Stable Value Providers See Opportunity in Growing 529 Plan Market
Assets in 529 college savings plans more than doubled over the past 10 years to $471 billion, including an estimated $12 billion in stable value funds. Given that robust growth trend—and recent legislation expanding how 529 accounts can be used—industry experts suggest both numbers will continue to climb in the years ahead.
The Retirement Tier: Developing an Investment Menu Targeted at Retirees
Defined contribution plans have focused for decades on helping American workers save money for retirement. Now they’re scrambling to help workers figure out how to manage and spend down their savings once they do retire. The ABA Retirement Funds, a not-for-profit organization that sponsors a retirement program for law firms and other organizations in the legal community, is pioneering a novel approach to this new challenge. It centers around the creation of a special tier of investment options for participants in or near retirement.Â
Stable Value Providers See Growth Path Despite Interest Rate Challenges
The stable value industry faces a challenging interest rate environment but still has many opportunities for growth. Stable value providers envision greater use of the asset class in college savings plans and in products designed to generate retirement income.
Job Posting: Senior Fund Manager
Join a great place to work with MissionSquare Retirement, a FINANCIAL SERVICES LEADER in public sector employee retirement products and services. Headquartered in Washington, DC, MissionSquare Retirement was founded to provide portable retirement benefits for city and county managers, enabling accumulated retirement assets to be transferred between employers. Today, MissionSquare Retirement serves more than 1.5 […]
