As a follow-up to our blog post from August 15th, titled, "But, Is It Good For The Plan Sponsor?", we went back to do a little research on just how much consolidation there has been among consulting firms since 2006....

It is being reported ( PlanSponsor.com ) that plan administrator, Retirement Services, miscalculated benefit payments for members of IFPTE Local 21, from the Bay Area of California, that may total $1.5 million. The miscalculation was discovered - get this -...

For those of you who have a lot riding on the passage of legislation to preserve and protect multiemployer pension plans, especially those plans deemed to be in "critical and declining" status, whispers out of Washington DC should be alarming....

We dedicated yesterday's blog post to defined contribution plans. One of the key discussion points was the fact that participants know that they should be contributing more but most cite the fact that other expenditures (not frivolous spending behavior) are...

I read a blog post from the Squared Away Blog (Center for Retirement Research at Boston College), which highlighted findings from an Allianz study that surveyed more than 1,000 Baby Boomers and Generation-Xers. Not surprisingly, the vast majority of those...

It was announced yesterday that consulting firm Mercer has agreed to acquire most of Summit Strategies Group's asset consulting business and Pavilion Financial Corp. (Canadian consulting firm). The acquisition brings more than $800 billion in AUA/AUM to Mercer and further...

The return on asset assumption (ROA) for a public pension system is a critical variable in whether a plan is ultimately successful in meeting its promises (pension liability). The ROA is used to value the plan's liabilities, as well as...

There appears a commentary in the latest P&I daily (8/9) by W. Gordon Hamlin Jr., titled, "Getting Retirement Solutions Right is a Matter of National Defense". I saw the headline and got excited because we've written about the likely profound...

We've highlighted in multiple blogs the issues and challenges facing the Millennial generation in terms of beginning their lives. I have four Millenial children among the five that my wife and I have. We see first hand the barriers that...

If you are a believer that managing a pension system is about generating the highest return then you may appreciate a recent WSJ article that referenced Wilshire Trust Universe Comparison Service (TUCS) data highlighting growing exposure among public pension plans...