Insights


14

Feb 2017

Fund in Focus: Fidelity Contrafund

In this edition of Fund in Focus, we focus on one of biggest actively managed funds in the large cap space: Fidelity Contrafund (FCNTX). With its popularity and large size, Contrafund is recognized as one of Fidelity’s flagship funds. Launched in 1967, the fund was appropriately named “Contrafund” i…

Read more

14

Feb 2017

Financial Well-Being: Blending Financial Concepts with Personal Health

As the former Chief Benefits Officer at the University of Kentucky, I had the opportunity to guest lecture to soon-to-be-graduates on Total Compensation.  The lecture was designed to give students an understanding of the components of pay (annual salary, shift differentials, overtime, etc.) and…

Read more

13

Feb 2017

A Primer on Global Bonds

Why Invest in Global Bonds? The motivation for international bond investing (i.e., investing in non-domestic bonds) includes portfolio risk reduction and return enhancement compared with portfolios limited to domestic fixed income. While international bonds may exhibit higher volatility on a…

Read more

10

Feb 2017

Compliance Alert: DOL Delays the Fiduciary Rule

After a tumultuous week in which President Trump issued a memorandum and a district court judge dismissed a lawsuit against the same rule (despite the fact that the government requested a last minute stay), we now have word that the DOL has formally requested a delay in the …

Read more

23

Jan 2017

2017 401(k) ERISA Compliance Calendar

The 2017 Retirement Plan Compliance Calendar highlights critical compliance deadlines for defined contribution retirement plans. Though we have covered all of the major deadline dates, note that some deadlines apply only to particular plan types (and are noted accordingly) and there may be…

Read more

23

Jan 2017

Health System Faces Fiduciary Breach Lawsuit

The defined contribution retirement plan marketplace has encountered yet another lawsuit. This time, the complaint against fiduciaries for the breach of their responsibilities to the plan is at Essentia Health, a healthcare organization in Duluth, MN (Morin v. Essentia Health).  As with ma…

Read more

23

Jan 2017

2017 403(b) Compliance Calendar

The 2017 Retirement Plan Compliance Calendar highlights critical compliance deadlines for defined contribution retirement plans. Though we have covered all of the major deadline dates, note that some deadlines apply only to particular plan types (and are noted accordingly) and there may be…

Read more

23

Jan 2017

A Better Methodology for Monitoring Target Date Funds: 2017

Executive Summary Target date funds (TDFs) have experienced not only significant growth in assets since they were introduced over 20 years ago, but also an important evolution in the options available to retirement plans. By the end of 2015, TDFs held over $763 billion, with almost $69 billion in…

Read more