Philip Chao was quoted in the “401(k) Record Keepers Seek New Revenue Streams ” InvestmentNews article.
Opinions
Philip Chao in InvestmentNews Article on 401(k) Adviser Disclosure Needs an Important Update
Philip Chao was quoted in the “401k Advisor Disclosures Need an Important Update” InvestmentNews article.
Philip Chao & Don Trone in Iris.xyz – Are You an Adviser or an Advisor?
Philip Chao and Don Trone jointly opined on advisors recognizing and disclosing their own behavioral biases.
Philip Chao in InvestmentNews Article on Drawing Down Assets from a Portfolio
Philip Chao was quoted in the “Drawing Down Assets from a Portfolio Need not be Tough” InvestmentNews article.
Philip Chao in InvestmentNews Article on Fidelity Zero Cost Funds
Philip Chao was quoted on the “Fidelity’s zero-cost funds raise issues for 401(k) advisers” InvestmentNews article.
Philip Chao in InvestmentNews Article on Fidelity and Empower Keeping Fiduciary Services for 401(k) Participants
Philip Chao was quoted on the “Allianz Life enters retirement market with Vestwell partnership” FundAction article.
Philip Chao is Quoated in Fund Action Article on SEI’s Hunt for GMWB Products
Philip Chao was quoted on the “SEI on the Hunt for GMWB products” FundAction article regarding guaranteed minimum withdrawal benefit solutions.
Philip Chao in Fund Action Article on Ascensus Acquiring BPC
Philip Chao was recently featured in a FundIntelligence Article on Ascensus acquisition of Benefits Planning Consultants.
Philip Chao Featured on PIMCO’s TDF Monitoring Q&A Paper
Chao & Company is one of five defined contribution advisory firms selected by PIMCO to offer opinion regarding how this firm conducts target date fund monitoring.
Philip Chao in InvestmentNews Article on Monitoring RecordKeepers in a Post New Fiduciary World
Philip Chao was featured in a recent article regarding the fiduciary duty to monitor.
State of the Unemployed Union
Recently, we took a look at the BLS June report for employment and unemployment statistics on the state level and the Employment Situation Summary found some interesting observations.
Philip Chao in InvestmentNews Article on Managed Accounts
Philip Chao was recently quoted in an article in InvestmentNews regarding advisors’ approaches to managed accounts in 401(k) plans.
Fiduciary Rule – A Never Ending Saga
President Trump has instructed the Secretary of the DOL to rescind or revise the fiduciary rule after conducting an impact study. We have laid out where we go from here.
Philip Chao Mentioned in Book “Successful Defined Contribution Design”
Philip Chao was mentioned in the book Successful Defined Contribution Investment Design: How to Align Target-date, Core, and Income Strategies to the PRICE of Retirement. To view and/or buy the book, please click here.
The market interest rate direction is right…the pace is questionable
On December 16, 2015, the FOMC raised rates for the first time since June 2006. The rise was to signal to the market the start of a new phase in monetary policy by the FOMC
There is No Morning After Pill: A CIO’s view of the Trump Victory
After witnessing Donald Trump’s aggressive Presidential campaign, Philip Chao easily drew comparisons between the campaign and the lessons he’s learned from years of investment management.
“Reasonable” is the right fiduciary approach to controlling plan expenses
With the DOL‘s new fiduciary rule and the introduction of the Best Interest Contract prohibitive transaction exemption, questions have arisen regarding the definition of “reasonableness” when a fiduciary deals with plan fees and costs.
Philip Chao featured as Guest on BMO Better Conversations Podcast
Here is an interview of Philip Chao regarding custom target date funds via Podcast.
Wells Fargo Can’t Spell “Fiduciary”
This article goes into detail regarding Wells Fargo’s SEC violations and abusive fiduciary practices.
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.