FOMC, December 16, 2020, Press Release - What Has Changed?

Summary Economic activity and employment continued to recover but remain well below their levels at the beginning of the year. (No Change) Weaker demand and earlier decline in oil prices have been...


DOL Final Rule: Financial Factors in Selecting Plan Investments

On November 13, 2020, the DOL issued final regulation, to promulgate principles of fiduciary standards for selecting and monitoring investments, and set forth the scope of fiduciary duties surrounding...


PIMCO DC Consulting Study Panel Moderated by Philip Chao at SPARK

At the November 6, 2020, SPARK Forum, Philip Chao moderated a panel regarding the “Retirement Tier” with Rick Fulford, EVP and Head of DC at PIMCO and Jarrott Heath, Director of Investments and...


Decumulation Panel Moderated by Philip Chao at SPARK

At the November 5, 2020, SPARK Forum, Philip Chao moderated a panel regarding lifetime income or decumulation with Matthew Gray, AVP, Worksite & Middle Markets at Allianz Life, Stave McCoy, CEO at...


FOMC, November 5, 2020, Press Release - What Has Changed?

Summary Economic activity and employment have picked up but remain well below their levels at the beginning of the year. (No Change) Weaker demand and significantly lower oil prices are holding down...


401k Wire - Jenny Johnson's SPARK Interview with Philip Chao

The publication 401kWire.com recently released an article regarding Philip Chao's interview with Jenny Johnson, Franklin Templeton President and CEO, at this month's SPARK conference. Here is the...


Philip Chao hosts Jenny Johnson, CEO & President, Franklin Templeton, at the 2020 SPARK Forum

At the November 4, 2020, SPARK Forum, Philip Chao interviewed Jenny Johnson, CEO & President of Franklin Resources. Here is the link to the interview video.


FOMC, October 29, 2020, Press Release - What Has Changed?

Summary In the current environment of risks clearly tilted to the downside, the Governing Council will carefully assess the incoming information, including the dynamics of the pandemic, prospects for...


Philip Chao interviewed by Pension & Investments – Acquisition moves Empower closer to its ultimate goal

Philip Chao shares his thought about the recordkeeping industry and, more specifically, using Empower’s recent announcement of buying Mass Mutual retirement business. Read the P&I article here.


FOMC, September 16, 2020, Press Release - What Has Changed?

Summary Economic activity and employment have picked up but remain well below their levels at the beginning of the year. (No Change) Weaker demand and significantly lower oil prices are holding down...