Happy Friday PLANADVISER readers! This week’s editor’s choice kicks off with some lighter fare—a look at star quarterback Payton Manning’s own imminent retirement and the health of NFL players' pension plan. The plan, like many sponsored by private employers in the U.S., is struggling with a low funded status and other challenges. The week gone by also had plenty of news related to the DOL's forthcoming fiduciary rule and the wider regulatory and market environment marked by stubborn bouts of volatility.
The adviser-as-portfolio manager approach to client service can be a real differentiator, but it can also hamper a firm with significant liability and serious amounts of legwork.
Read more >
Even otherwise knowledgeable users of target-date funds seem not to fully understand the diversification benefits of TDFs, leading to the harmful behavior of “partial TDF use.”
Read more >
Institutional assets tracked by the Wilshire Trust Universe Comparison Service, saw the first negative calendar year since the financial crisis, with a median return of -0.17%.
Read more >
IRIC finds plan sponsors that have not recently revisited an in-plan income solution will be more inclined to do so in 2016 “since the landscape is very fluid and new solutions appear often.”
Read more >
