By: Russ Kamp, Managing Director, Ryan ALM, Inc. From basically the time that I entered our industry (October 13, 1981) to the end of 2021, US interest rates were on a decline. Sure, there were modest periods in which the...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Sgt. Joe Friday, Dragnet, is credited with saying, "Just the facts, Ma'am", but he actually never uttered the phrase. However, that wording did appear in the movie starring Tom Hanks and Dan...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. P&I recently interviewed Ronald Peyton, Executive Chairman, on his nearly 50 years at Callan, where he also served as CEO from 1990-2017. First, congratulations, Ron, on an impressive career. Your influence within...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. It is the week before Halloween, but things are already scary for the US capital markets, as rising US interest rates continue to create uncertainty for bonds, equities, real estate (particularly housing),...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We've had a very exciting week in the US capital markets as a number of Fed officials, including Fed Chair Powell, had the opportunity to update us on the current inflationary environment...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The Mercer CFA Institute Global Pension Index 202 3 report has been released. The United States was given a score of 63, which placed our retirement readiness at 22 of 47 countries...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We hope that you had a great weekend. It is easy at this time of year to get distracted with college and pro football, baseball playoffs, the start of hockey season, and...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Earlier this year, I published a post titled, "What You Might Expect From Social Security in 2024" that attempted to project the possible COLA in 2024 for recipients of Social Security benefits....

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to share with you the Ryan ALM, Inc. Q3'23 Newsletter . Inside you'll find our unique insights on issues facing Pension America, especially how assets are performing versus liabilities....

By: Russ Kamp, Managing Director, Ryan ALM, Inc. As we near the end of 2023 (how is that possible?), actuaries, accounting firms, and pension plan sponsors may begin reviewing their current discount rate relationship. If you are one of those,...