NAIC Separate Account Risk Working Group Listens to Commenters
By Helen Napoli On June 5th, the National Association of Insurance Commissioners’ (NAIC) Separate Account Risk (E) Working Group heard from four out of the nine commenters who submitted written comments on the NAIC’s evaluation criteria, assessments and proposed recommendations regarding the insulation of separate accounts. The NAIC asked interested parties to comment on […]
Fiscal Concerns: Goldman Sachs Asset Management Offers an Update
By Randy Myers Continued modest economic growth, low interest rates and benign inflation should provide a fertile backdrop for the U.S. equity market in the year ahead, says Samantha Davidson, managing director with the Global Portfolio Solutions Investment Team at Goldman Sachs Asset Management. Speaking at the 2013 SVIA Spring Seminar in April, Davidson […]
First Quarter 2013 Data Shows Stable Value’s Consistency and Strength
By Gina Mitchell First quarter 2013 data from SVIA’s Quarterly Characteristics Survey continues to demonstrate why plan participants are relying upon stable value. The quarterly survey, which covers 23 stable value managers, found assets under management of $452 billion, which was $5 billion more than the previous quarter. Crediting rates continued to reflect the […]
Fee Disclosure Remains a Work in Progress
By Randy Myers In the year since federally mandated fee disclosure rules went into effect for defined contribution plans, this much has been discerned: plan sponsors think the new disclosures are helping them meet their fiduciary responsibilities. Also, some plan participants now know more about what their retirement investments are costing them. Last summer, […]
Capacity in Stable Value Industry Up
By Randy Myers For the second straight year, the stable value industry has the capacity to take on a significant amount of new business—a welcome turnaround from conditions that prevailed in the immediate aftermath of the 2008 credit crisis. In 2012, the industry absorbed $66 billion in new business, according to data compiled by […]
Baby Boomers, the Financial Crisis and the Recession
By Randy Myers Many are not going to have enough money. That was the discouraging but hardly surprising retirement-income message that Sara Rix, senior strategic policy advisor for the AARP Public Policy Institute, delivered at the 2013 SVIA Spring Seminar when talking about America’s Baby Boom generation. Rix’ forecast was informed in part by […]
529 Plans – Ready Market for Stable Value
By Randy Myers NOTE: Correction at end of article They have different funding goals, of course, but in many other respects 529 college savings plans are a lot like 401(k) retirement savings plans—with at least one notable difference. While stable value funds can be found in a high percentage of 401(k) plans, they are only […]
Stable Times Volume 17 Issue 1
Download PDF The biannual publication of the Stable Value Investment Association that covers both industry concerns and association activities. Table of contents: Stable Value Assets Continue to Grow in 2012 [PDF] Fiscal Concerns: Goldman Sachs Asset Management Offers an Update [PDF] US Interest Rates: What We Should Expect [PDF] 529 Plans: Ready Market for Stable Value [PDF] […]
US Interest Rates – What We Should Expect
By Randy Myers The financial markets appear to be getting it right. As the Federal Reserve continues to pursue an extraordinarily expansive monetary policy, it is hard to know where interest rates are, where they should be, or how quickly and dramatically they might change once the Fed finally begins to shift to a […]
