Trends are a fact of life any more, and the pace of change continues to accelerate. Whether fashion, music, or technology, being a trend setter seems to bring rewards. On… read more →
For some pension plans, the cost of compliance just got more expensive. Background In 1974, the Pension Benefit Guaranty Corporation was created as a quasi-public organization as part of ERISA.… read more →
The Principal Financial Well-Being Index for the third quarter of 2013 contains some interesting information about small to medium businesses. It was conducted nationwide during the first three weeks of… read more →
A common misconception is that defined benefit plans have become obsolete. Consider a statement from my fellow actuary, Mike Clark (Contingencies, Sep/Oct 2012, p. 42): “It’s been said that the… read more →