Kimberly Mustin has joined BNY Mellon Investment Management as head of North American distribution, responsible for leading new business strategy and driving sales, client management and consultant relations efforts across institutional, retirement and retail markets throughout North America.
Despite a bullish outlook on the market, American DC plan participants are becoming increasingly conservative, with a preference for fixed income without a solid understanding of its role in their portfolio, according to a survey.
The vast majority of America’s future retirees participating in DC plans believe that a guaranteed monthly income is absolutely essential, but many fear they haven’t saved enough for their golden years.
Pension plans have had a trying time over the last few years. Stocks have taken investors for a ride, and a low interest rate environment is the new normal. Following is a review of the themes and issues we’ve covered since 2008 in this web-exclusive article.
It’s a promise that’s getting harder to keep. Sponsors of Canada’s DB pension plans are struggling against formidable odds to keep the pension promise alive for members, retirees and future members as equity markets roil and interest rates remain depressingly low in the wake of the 2008 financial crisis.
Products designed for pension space on the rise.
A new inflation-linked emerging markets exchange-traded fund (ETF) is more evidence that the ETF industry is waking up to the needs of plan sponsors—and it's delivering products to respond to their needs.
UK pension plan to boost ETF holdings, and it's not just about liquidity. They're also looking for diversification and exposure to emerging markets and corporate debt.
Pension litigation has been on the rise for many years. A recent decision of the Nova Scotia Supreme Court provides an important reminder to employers and pension plan administrators about the costs and burdens associated with e-mail communications in the context of such litigation.
One step forward, two steps back. That phrase seems to sum up 2011 for Canada’s Top 40 money managers. On the DB side, plan sponsors enjoyed improved returns but remain shackled as historic lows in interest rates exacerbate deficits.