Here is an interview of Philip Chao regarding custom target date funds via Podcast.
Institutions
FOMC Sep 2016 Press Release Language Changes
Here we have highlighted the changes from the September 21, 2016, press release.
Wells Fargo Can’t Spell “Fiduciary”
This article goes into detail regarding Wells Fargo’s SEC violations and abusive fiduciary practices.
FOMC Jul 2016 Press Release Language Changes
Here we have highlighted the changes from the July 27, 2016, press release.
Quarterly Market Commentary – Q2 2016
Here is Chao & Company’s market commentary for the 2nd quarter of 2016.
A New US Retirement Plan – Be Careful What You Shoot For
Retirement savings accessibility, participation and adequacy are hot topics, and the following article from Institutional Investor offers additional evidence that the vectors are lining up to slowly replace the private employer based DC plan with government intervention and ultimately takeover.
Brexit: The beginning of the end of the European Union?
Brexit is simply the latest manifestation of discontentment with the status quo and finger pointing. Here’s a look at the future of the EU.
U.S. Interest Rates – Lower for Much Longer
Here is an in-depth analysis of US interest rates in the past, currently and what’s to come.
Philip Chao interviewed on DOL Fiduciary ruling for “On Pitch” Podcast
Here is a podcast Philip Chao did on the DOL Fiduciary Ruling.
FOMC June 2016 Press Release Language Changes
Here we have highlighted the changes from the June 15, 2016, press release.
A Response to Berlau’s “Why the DOL Rule Is Bad for Small Savers”
It is tiring to see repeatedly how the fiduciary rule is bad for small savers. After reading an article by John Berlau, I cannot resist and have commented on the WealthManagement Magazine website. My comment is below, followed by the full, reproduced article.
Best Interest Contract: “I’m From the Government, and I’m Here to Help”
The following parody should be instructive about how much the DOL has fallen short in its mission and how confusing the new BICE would be to implement and understood by the intended audience.
FOMC April 2016 Press Release Language Changes
Here we have highlighted the changes from the April 27, 2016, press release.
Quarterly Market Commentary – Q1 2016
Here is Chao & Company’s market commentary for the 1st quarter of 2016.
DOL Best Interest Contract Exemption (BICE)
Here is a detailed summary of the Best Interest Contract Exemption (BICE) included in the DOL’s final fiduciary rule.
Chao & Company’s Position Post DOL Fiduciary Redefinition
Here are some comments and key points regarding the new fiduciary rule from Chao & Company.
When it Comes to Best Interest, There is no Gray Area
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.
DOL Redefines an ERISA Fiduciary
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.
Conflicted Advice is an Oxymoron – A New Day for Retirement Investors
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.
FOMC March 2016 Press Release Language Changes
Here we have highlighted the changes from the March 16, 2016, press release.