Job Opening: Sr. Account Manager, Stable Value Products
At Pacific Life, you are given the opportunities and challenges to embrace your potential and achieve your personal best, every day. What you find here is something special – it’s purposeful work done with a shared set of values that brings us all together. ABOUT US: Pacific Life offers life insurance, annuities, and mutual funds, […]
Regulatory Environment Remains in Flux Under New Administration
Many business leaders anticipated a rollback of business regulations after President Donald Trump took office in January. While progress on that front has been mixed, it’s become clear that the new administration has slowed or halted a number of regulatory initiatives undertaken under President Barack Obama. Not all, of course. With many key posts in […]
Lobbyist Sees Regulatory Reform Moving in Mostly Right Direction, But Slowly
The Trump administration is moving in the right direction on financial regulatory reform, a lobbyist for the financial services industry says, although cautions that reform won’t happen overnight. He also warns that a possible change to the tax-deductibility of retirement plan contributions could hurt individuals. Anthony Cimino, senior vice president and head of government affairs […]
To Standardize or Not: A Stable Value Roundtable
Would a standard stable value contract be a better stable value contract? For years, plan sponsors who have shied away from stable value have attributed their caution at least in part to the product’s perceived complexity, including restrictions that relate to employer-initiated events and participant trading in competing funds. During a panel discussion at the […]
Cybersecurity Expert Offers Tips for Safeguarding Data
A seemingly unending string of high-profile data breaches over the past few years has only reinforced the notion that “cybersecurity” is an oxymoron. But Barbara Marchiori de Assis, a cybersecurity program officer with the Organization of American States, insists there are many steps people and organizations can take to safeguard their personal and business data. […]
Stable Times Volume 21 Issue 2
Download PDF The biannual publication of the Stable Value Investment Association that covers both industry concerns and association activities. Table of contents: Stable Value Managers Advised to Remain Defensive Targeting Target-Date Funds Defense Litigator Sees Improving Legal Landscape for Stable Value Industry Consultants See DC Plans Continuing to Improve, Creating Opportunities for Stable Value 401(k) […]
Stable Value Managers Advised to Remain Defensive
With the outlook for global economic growth firming, the Federal Reserve appears poised to continue raising its target for short-term interest rates. Brandon Kanz, senior principal and head of credit for Galliard Capital Management, says that may not deliver the benefits many fixed-income investors desire. Despite the Fed’s more accommodative monetary policy, Kanz warns that […]
Targeting Target-Date Funds
For years, the stable value industry has been trying to figure out how to have its product better represented in target-date funds, with modest results. At the 2017 SVIA Fall Forum, industry leaders talked about the challenges they’ve faced on this front and what they might do about it. “I think there are many who […]
Defense Litigator Sees Improving Legal Landscape for Stable Value Industry
The terms “good news” and “class-action lawsuits” don’t pair together very often, but for the stable value industry they have. Earlier this year, at the SVIA’s 2017 Spring Seminar in April, Mark Blocker, a partner with the law firm of Sidley Austin LLP, had cautioned that it was hard to predict how the industry would […]
