In a guest article written for PLANADVISER, Thomas Dodd, executive director of Pavilion Advisory Group Inc., compares and contrasts common retirement income strategies—including the pros and cons of each method, as viewed from the perspective of participants.
"In our experience, the way bond managers speak provides insight into their true thinking, underlying skills and biases," write Brett Wander and Jake Gilliam, two investing team leaders at Charles Schwab. "When we look for bond managers as sub-advisers, there are things we like to hear, but there are also things managers say that immediately trigger our alarms."
Forty years ago on September 2, in response to
failing companies resulting in workers losing pensions, sweeping legislation
designed to protect workers from losing their earned retirement income was
signed into law.
Successful financial advisers who work primarily with employer-sponsored retirement plans, also known as specialist advisers, guide plan sponsors through the sometimes-complicated landscape of managing their company retirement plan.
Philosopher and poet George
Santayana said, “Those who do not remember history are condemned to repeat it”
– a statement especially helpful for retirement plan advisers who look to
better a client’s qualified retirement plan and participants’ retirement