By: Russ Kamp, Managing Director, Ryan ALM, Inc. Forecasting future market returns is fraught with peril! To Horizon Actuarial's credit, they understand how challenging it is to forecast tomorrow's market activity let alone 10-year, 20-year, and 30-year returns, risks, and...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The US 10-year Treasury Note yield is fast approaching 4% (3.9% at 2.39 pm). The last time the yield was at this level was in August 2008. It seems almost certain that...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide this most recent update on the PBGC's execution of the ARPA legislation. Two plans, Pension Plan of the Printers League - Graphic Communications International Union Local 119B...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The US Federal Reserve is raising the Fed Funds rate in an attempt to drive down demand for goods and services, as they battle our current inflationary environment. However, given the exceptionally...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. For multiemployer plans that have filed applications with the PBGC to receive Special Financial Assistance (SFA) through the ARPA legislation, investing that grant money comes with restrictions. Effective with the release of...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Rising inflation, higher interest rates, growing levels of debt, and a generally higher cost of living across the board are weighing on the average American. All of this is happening just as...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. This is a recording. US interest rates are rising! Yes, US rates are rising. What shocking news! Fed Chairman Powell announced this afternoon that the US Federal Reserve was once again raising...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Last week didn't bring much excitement as it relates to the ARPA legislation for multiemployer pension plans. But it was pretty exciting if you are a NY Giants football fan, as I...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Natixis Global Retirement Index is out for 2022, and the results suggest that the U.S. has a long way to go before our aging population is truly prepared for the "golden...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Inflation isn't as tamed as believed (or hoped) by the investment community and as a result, the US Federal Reserve won't be "forced" to ease rates anytime soon. Let's feign shock! Regular...