By: Russ Kamp, Managing Director, Ryan ALM, Inc. As we've stated many times, the primary objective in managing a pension plan is to SECURE the promised benefits at a reasonable COST and with prudent RISK . For most of Pension...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. The FOMC has paused additional increases since July, but that doesn't necessarily mean that they have been victorious in their quest to defeat inflation. If 2% is the Fed's line in the...

By: Russ Kamp, Managing Director, Ryan ALM, Inc. This week brings us Halloween and the markets may provide both "tricks and treats", but the PBGC continues to hand out treats in the form of SFA grants to multiemployer plans. There...

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...