By: Russ Kamp, Managing Director, Ryan ALM, Inc. Despite the unofficial end of Summer (boy, that seemed fast), the PBGC was engaged in ARPA activity as we closed out August and gathered together to celebrate another Labor Day Weekend. We...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. There are few things that provide fairly certain outcomes within financial markets, especially during this period of high inflation and rising rates. In fact, there is only one asset class (bonds) that...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Investors hoping to get a Fed pivot on its rate policy were dealt a disappointment in August, as rates rose substantially across the yield curve. Short rates had risen in dramatic fashion...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. It isn't often that pension plans receive a gift, but that is exactly what happened with the passage of the ARPA legislation in March 2021. The Special Financial Assistance (SFA) that is...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. I read the WSJ every day and have for most of my 40-year career. My reason for this post has less to do with the Journal than it has the subject matter....

By: Russ Kamp, Managing Director, Ryan ALM, Inc. We are pleased to provide our weekly update of plan activity related to the ARPA legislation. There were four developments last week, with three plans providing supplemental information to their applications following...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Federal Reserve Chairman Powell has spoken and his comments have impacted equity markets today. His remarks should also finally dissuade investors of the idea that the Fed has accomplished its intended objective...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Let's give a big thanks to the WSJ for today's interview with Federal Reserve Bank of Atlanta President Raphael Bostic. It was a great conversation covering a number of important issues related...

by: Russ Kamp, Managing Director, Ryan ALM, Inc. As we reported this morning, activity last week was limited to two plans that filed supplemented applications presumably in reaction to the PBGC's Final Final Rules (FFR). Those two plans, the Graphic...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. Few people in our industry are working as hard as Ron Surz, President, of Target Date Solutions, to raise concerns about one of the industry's most frequently used default options - target...