News & Commentary
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ERISA has always required a fiduciary to serve "solely" in the best interest of the plan participants and beneficiaries. There should be no gray area.
On April 6, 2016, the DOL issued the final rule re-defining the term "Fiduciary" under ERISA and finalized the Conflict of Interest Rule applicable to retirement investment advice. Here is a summary as well as the changes and clarifications.
So much has been said and fought over the U.S. Department of Labor's (DOL) proposed expansion of fiduciary duty to advisers and their institutions since first proposed in 2010. Here we examine the rule, its exemptions and the conflict surrounding them.
Here we have highlighted the changes from the March 16, 2016, press release.
The late Casey Kasem closed each of his American Top 40 radio show with "Keep your feet on the ground and keep reaching for the stars." I am not sure how good an investor he was, but his closing statement each week summarized prudent portfolio construction perfectly – reaching for better returns should be on the shoulders of a solid foundation.
Here we explore the past, present and future of the Chinese currency.
There are many factors at play, but we are now again looking to the U.S. consumer as the pillar of strength to lift us out of the current malaise.
Here we have highlighted the changes from the January 27, 2016, press release.
Here is Chao & Company’s market commentary for the 4th quarter of 2015.
The first four days in 2016 have been another wakeup call to investors globally.
This article discusses JP Morgan's fiduciary failures and what we can learn from them.
Here we have highlighted the changes from the December 16, 2015, press release.
Here we have highlighted the changes from the October 28, 2015, press release.
Here is Chao & Company’s market commentary for the 3rd quarter of 2015.
On October 21, 2015, the IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement related items for Tax Year 2016. Here is the comparison of 2015 and 2016 plan limits.
Philip Chao has been selected as the CIT Panel Moderator at the 2015 SPARK Forum.
Here we have highlighted the changes from the September 17, 2015, press release.
As the FOMC prepares to meet this week to determine its interest rate policy, we wish they would take action.
Here we have highlighted the changes from the July 29, 2015, press release.
Here is Chao & Company’s market commentary for the 2nd quarter of 2015.