Here is Chao & Company’s market commentary for the 1st quarter of 2015.
Plan Sponsors
InvestmentNews: Few target date fund managers eat their own cooking
Philip Chao was recently featured in an InvestmentNews article on how much advisers weigh a manager’s investment in his or her own fund when selecting one. Here is that article.
2015 NAPA Revenue Share Session Recording
Chao and Company previously announced that Philip Chao presented at the 2015 National Association of Plan Advisors (NAPA) 401(k) Summit. Here is a recording of his presentation.
Moving Out of the Shadows on Revenue-Sharing
Philip Chao, Principal and Founder of Chao & Company, was recently featured in a BenefitsPro article on Revenue Sharing. Here is that article.
Philip Chao Addresses Revenue Share Issues at NAPA 2015
Chao & Company, Ltd. is pleased to announce that Philip Chao, will be presenting at the 2015 National Association of Plan Advisors (NAPA) 401(k) Summit. NAPA, a sister organization of the American Society of Pension Professionals and Actuaries (ASPPA), was created by and for retirement plan advisors.
Quarterly Market Commentary – Q4 2014
Here is Chao & Company’s market commentary for the 4th quarter of 2014.
Quarterly Market Commentary – Q3 2014
Here is Chao & Company’s market commentary for the 3rd quarter of 2014.
Turning Target Date Funds into a Lifetime Income Stream
The October 23, 2014, IRS Notice 2014-66 coupled with the confirmation from the DOL Information Letter of the same date cleared the way for target date funds to include unallocated deferred annuity contracts in their investment mix. The Notice and the Information Letter tie together DOL regulation regarding qualified default investment alternative and the fiduciary safe harbor rule for selecting annuity providers.
2015 Annual Qualified Retirement Plan Limitations
On October 23, 2014, the IRS announced cost of living adjustments affecting dollar limitations for pension plans and other retirement related items for Tax Year 2015. The following is a comparison of the 2014 and 2015 limitations.
Firing PIMCO in the Post-Gross World?
Many plans immediately “fired” PIMCO when Bill Gross’s departure was announced. However, when a manger leaves a fund that is on a plan investment menu, Chao & Company looks to the plan’s written investment policy for guidance rather than a knee-jerk reaction. .
Chao Quoted in WSJ: Florida Pension Fund Significantly Reducing PIMCO Exposure
Philip Chao was recently quoted in a Wall Street Journal article regarding Bill Gross’s departure from PIMCO. Here is that article.
Quarterly Market Commentary – Q2 2014
Here is Chao & Company’s market commentary for the 2nd quarter of 2014.
Quarterly Market Commentary – Q1 2014
Here is Chao & Company’s market commentary for the 1st quarter of 2014.
2015 Health Savings Account Plan Limits
On April 23, 2014, the IRS issued Revenue Procedure 2014-301 announcing the 2015 inflation-adjusted amounts for Health Savings Accounts, as determined under the Internal Revenue Code § 223. Here is a comparison of the 2014 and 2015 limits.
Captain Phillips is Not a Hero. He is a Fiduciary.
This article depicts a comparison Philip makes after hearing a speech by Captain Phillips with regards to a fiduciary standard in the investment world as well trust and duty in this maritime situation.
Whack-A-Mole: Fiduciary Considerations in Plan Fees
Using revenue generated from investment vehicles to offset retirement expenses is a fiduciary decision, and far too many plan sponsors are not aware of the decision being made on their behalf. Unsuspecting plan sponsors believe that their retirement plan is “free” while all along the plan is paying all expenses through the use of revenue paying investment vehicles.
Quarterly Market Commentary – Q4 2013
Here is Chao & Company’s market commentary for the 4th quarter of 2013.
A Word About Return Probability
Here is a presentation that we have created regarding return probability.
2014 Annual Qualified Retirement Plan Limitations
On October 31, 2013, the Internal Revenue Service announced cost of living adjustments affecting dollar limitations for pension plans and other retirement related items for Tax Year 2014. Here is a summary of those limit increases.
Fidelity Freedom Fund Strategic Glidepath Adjustment
On September 26, 2013, Fidelity issued a news release announcing the strategic asset allocation adjustments to its Freedom Funds – a series of target date funds.