The Stable Value Investment Association would not be able to do the work the association does without the generous support of our sponsors. SVIA is proud to be working in partnership with these companies. These companies commit not only financial resources, but also make available their expertise and leadership in shaping and carrying out the association’s mission to demonstrate stable value’s many contributions to building a strong, viable retirement savings and investment program that will provide financial security in retirement.
Board of Directors Meeting
June 16-17, 2025
Washington, DC
Fall Forum & Annual Membership Meeting
October 6-8, 2025
Fairmont Georgetown
Washington, DC
Board of Directors Meeting
January 26-27, 2026
Washington, DC
Spring Seminar & Board Meeting
April 13-15, 2026
Woodlands Resort, Curio Collection by Hilton
Houston, TX
Board of Directors Meeting
June 22-23, 2026
Washington, DC
Fall Forum & Annual Membership Meeting
October 5-7, 2026
Fairmont Georgetown
Washington, DC
Board of Directors Meeting
January 25-27, 2027
ㅤWashington, DC
Spring Seminar & Board Meeting
April, 2027
Location
TBA
Board of Directors Meeting
June 21-22, 2027
Washington, DC
Fall Forum & Annual Membership Meeting
October 4-6, 2027
Fairmont Georgetown
Washington, DC
Andrew Erman
Sr. Director, Risk Management
Transamerica Stable Value Solutions Inc.
Tashil Fakir
Head of SV Sales
JPMorgan Chase Bank, N.A.
Henry Kao
Senior Vice President
PIMCO
Michael Leonberger
Stable Value Portfolio Manager
Invesco
Lacey Lockward
Vice President, Stable Value
Prudential Financial
Tony Luna
Head of Stable Asset Management
T. Rowe Price
Maya Pillai
AVP, Head of Stable Value Wrap
Pacific Life
Yijing Robertson
Investment Manager
IBM Retirement Funds
Lucas Robustelli
Sales Director – Stable Value Markets
Metropolitan Life Insurance Company
Neena Saxena
Portfolio Manager
The Vanguard Group
Michael Sipper
Corporate Vice President
New York Life
Ben Soltsov
Vice President
GSAM Stable Value, LLC
Michael Swink
Investment Director
Virginia College Savings Plan
Jamey Toland
Managing Director – Liability Hedging Assets
Boeing
Bryan White
Manager – Pension Investments
Raytheon Technologies
The Stable Value Investment Association’s Quarterly Characteristics Survey Report for 4Q2024 is now available.
From an economic perspective, there was significant progress in 2023 toward sustainably
lower inflation against the idiosyncratic volatility caused by the banking crisis, both in the U.S.
and abroad. The progress in fighting inflation and the lagged impacts of an elevated policy
rate, led the Fed to pause the tightening cycle after reaching the 5.25%-5.50% level. Elevated
yields kept pressure on depressed market to contract ratios but also provided the spark
for higher crediting rates (+50-60 basis points) in most products. As the probability of a soft
landing and a goldilocks outlook increased throughout the year, the stable value industry
was challenged by participant outflows that were attributed to robust equity returns.
Stable value was recently highlighted on CNBC as market turmoil continues to drive record 401(k) trading activity, with 41% of recent inflows going to stable value.
Stable value funds have been around since the inception of defined contribution plans, and they haven’t changed much in recent years. They’re designed to provide steady returns regardless of the market environment and have accumulated $856 billion in assets under management as of mid-year 2024, according to data from the Stable Value Investment Association (SVIA), making up roughly 10% of all retirement assets
Stable value fund industry players met in Washington, D.C. this week in what should be a more attractive interest rate environment for the tax-qualified-only retirement plan investment vehicle.
The Stable Value Investment Association ran the event, with sessions focused on how interest rates, demographics and politics will affect the market for stable value funds, a capital-preserving defined contribution investment that includes an insurance-backed guarantee. The industry has been challenged in recent years, as the Federal Reserve hiked interest rates, making money market funds a more attractive option than stable value for many investors looking for a conservative investment with a solid return.
SVIA is proud to announce the release of a new whitepaper titled “Stable Value and the Retirement Tier” that was written in collaboration with Mercer. This paper explores key insights into how stable value can enhance retirement income strategies and its role within the retirement tier framework.
Whitepaper available for download!
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Suite 600
Alexandria, VA 22314
Phone: (202) 873-9567
Mail: info@stablevalue.org
