Loan & Distribution Specialist AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
AimPoint Pension
|
Compass
|
Bates & Company, Inc.
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Will the Alternative Assets Intel Added to Its 401(k) Plan Backfire Legally as Well as Financially?
RIABiz Nov. 16, 2015 "[T]he investment committee ... at Intel Corp. might have been hailed as heroes for calling a market top in 2007 and rotating funds from the company's 401(k) plan into hedged investments. Indeed, in 2008 Intel's loss in the pension funds was mitigated slightly because its hedge fund portfolio lost 17% in the 2008, whereas in the same time period, the S&P lost 38.5%. But since then, Intel has continued to double down on hedge and private equity-style exotica with its 401(k) assets and the results have sparked what could be a nasty precedent-setting ERISA-invoking class action." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |