Philip Chao Viewpoints Published in Advisorpedia – Higher Inflation: Transitory of Sustained

We are joyfully anticipating and participating in the post-pandemic robust economic recovery and at the same time sensing the beginning of a gradually less supportive environment for stocks and bonds...


DOL Final Rule Prohibited Transaction Exemption 2020 02 for Investment Fiduciary

ERISA and the IRC establish prohibited transaction provisions that generally exclude fiduciaries, with respect to workplace retirement plans (Plan or Plans) and individual retirement accounts and...


ERISA CYBERSECURITY Best Practices & TIPS

The Employee Benefits Security Administration of the Department of Labor issued a new guidance for plan sponsors and fiduciaries regulated by the Employee Retirement Income Security Act (ERISA).  The...


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.


Philip Chao Viewpoints Published in Iris.xyz – The Fed is Codifying Lower for Much, Much Longer

Moving from “ex ante” to “ex post” In the annual end of summer economic policy symposium sponsored by the Federal Reserve Bank of Kansas City (virtual for 2020), the theme this year was...


Philip Chao Viewpoints Published in Iris.xyz – The Future of the Financial Markets, After COVID-19

This global pandemic is not a Black Swan event - an unpredictable event that is beyond what is normally expected of a situation and has potentially significant rewards or consequences.  COVID-19,...


Philip Chao interviewed on CNBC Personal Finance – Investors urged to beware of the Tesla ‘fear of missing out’ mania

The recent roller coaster ride with the Tesla stock reminds us all about the need for diversification.  Depending on when you invested in the stock, the week of excitement and elation (greed) turned...