We are happy to report that the Butch Lewis Act was filed with the 115th Congress today. A BILL to amend the Internal Revenue Code of 1986 to create a Pension Rehabilitation Trust Fund , to establish a Pension Rehabilitation...

At the most recent IMI Consultants' Congress in NYC, several panelists discussed their evaluation process of investment managers and their products for both the defined benefit and defined contribution markets. One of the prevailing areas of focus was the consistency...

Anyone who follows KCS knows that we prefer defined benefit (DB) plans relative to defined contribution (DC) plans for a significant percentage of our workforce. Sure, there are some workers who can handle the funding, management, and distribution of a...

For months we've teased our readers with references to possible legislation to preserve and protect multi-employer defined benefit plans. Finally, the Bill named the Butch Lewis Act, is being put forth by Senator Sherrod Brown, Ohio, that will protect those...

MarketWatch recently published an article by Angela Moore, titled "Why Retiring In America Has Become Less Attractive". I would suggest that most Americans find the idea of one day retiring to be very attractive. I would propose an alternative title...

In July we dedicated the KCS Fireside Chat to Bitcoin. I wrote it as much for my education as that of our clients, prospects, and friends. In our a July article we wrote,”If you thought that bitcoins could become a...

We are pleased to share with you the latest edition of the KCS Fireside Chat series. This article is all about defined contribution plans (DC), with a particular emphasis on some troubling practices. In addition, we provide the reader with...

It has been reported that the U.S. savings rate is at its lowest in a decade. An analyst attributed this to the fact that U.S. households' net worth is at a record high of 670% relative to disposable income. I...

What does the title of this post mean to you? I just got back from Las Vegas (IFEBP), where I had the chance to present twice on this topic. I began my talk by apologizing up front (usually not a...

For plan sponsors with small-cap exposure, the Russell 2000 index has likely been your preferred benchmark. But why? We would suggest, especially if you have your small-cap manager(s) on a performance fee, that you begin to use the S&P 600...