Due to a significant surge in non-housing related debt (student loans, credit cards, auto loans, and other), households in the U.S. have amassed a record debt level now topping $12.7 trillion. Since the great financial crisis it has been student...

For nearly six years, KCS has been banging the drum regarding a retirement crisis unfolding in the U.S., and the primary reason is the demise of the defined benefit plan. We have been railing against traditional asset consultants and actuaries...

We are pleased to provide you with the latest edition of the KCS Fireside Chat series. In this article, KCS's DC Practice Leader, Dave Murray, discusses several DC related events, with particular focus on the DOL's Fiduciary Rule likely to...

We are always so pleased to be able to share with you articles from Charles DuBois, an incredibly talented and tremendously experienced research analyst and fund manager, with whom I had the distinct pleasure to work with and learn from...

"The White House is seeking to slash federal spending by $3.6 trillion over the next decade through steep cuts across most agencies and tough new restrictions on aid to the poor — a dramatic rethinking of the role of government...

As a follow up to our recent blog post on the current financial state of the American worker, we want to share the following information that was provided by Keith Jurow, a wonderful real estate analyst whose insights we've shared...

Do you agree that you are "doing better" financially? In a WSJ article, titled "Americans Doing Better Financially, Except For Non-college Educated", 70% of 6,643 respondents indicated that they were "living comfortably" or "doing okay". Really? How is it possible...

It was recently reported in the Hartford Courant Community that Hartford, CT, was beginning to solicit law firms for a possible bankruptcy. It has been reported that Hartford is facing a $14 million deficit this year while projecting a $65...

53% of Houston voters back a tentative plan to issue Pension Obligation Bonds (POBs) to support the city's foundering pension system. Does this make sense? As we've discussed many times before, the history of POBs hasn't been pretty. The idea...

As expected, the U.S. Senate has passed legislation to effectively reverse an Obama-era DOL ruling that would have permitted employees to fund their retirements through an employer's payroll system, and have those contributions managed in a state-sponsored system. Several states...