Unfortunately, many of you will not be surprised by the title of this blog post. One doesn't have to do significant research to support the notion that the wealth divide is growing in the U.S. However, I present the following...

Good morning, and welcome to May. We are pleased to provide you with the latest edition of the KCS Fireside Chat series . This marks the 57 th consecutive month that we’ve shared some of our thinking on a pension...

Tom Petty likely didn't have U.S. economic growth in mind when he penned his song by the same title in 1989 for his debut album but it more than aptly describes what is happening at this time. According to the...

We are pleased to share with you the KCS Q1'17 quarterly update . As you will read, there was a lot going on for KCS in the quarter, as well as for Pension America. Funded status improved, as assets advanced...

The following snippet was sent to me by an industry acquaintance - thank you, Chris - and I'm happy to share it with you. This quote was part of a Bloomberg interview with Larry Fink. "We don’t spend enough time...

We are always pleased to share the Ryan ALM quarterly Pension letter. Regular readers of the KCS quarterly piece will know that we highlight liability growth versus asset growth (borrowed from Ron Ryan) to indicate whether pension funding is improving...

Last night I had a wonderful opportunity to participate on a panel at Fordham University. The event was managed by the Fordham Graduate Finance Society (they did a great job), and our panel was to provide an outlook related to...

There is a lot of hand-wringing surrounding the possible move by the U.S. Federal Reserve as it considers how and when to begin to unwind the $4.5 trillion in debt on the balance sheet. The discussion centers around the speed...

It is our pleasure to provide you with the latest version of the KCS Fireside Chat series. In this article , we share the highlights from four of our most recent KCS blog posts. The common threads among these posts...

The WSJ is reporting today on the onerous impact of "leakage" from defined contribution plans. It's about time! We've referred to defined contribution plans as "glorified savings accounts" for the very reasons that individuals can borrow, initiate premature withdrawals, and...