Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

32 Matching News Items

1.  J.P. Morgan Predicts Gloomy Year Ahead for Pension Plans
Pension Risk Matters Link to more items from this source
Dec. 27, 2012
"According to ... J.P. Morgan Asset Management Strategy Group, 2013 is going to be 'grim' for pension funds after a less than jovial 2012. Citing a drop in funded status for many U.S. plans this year, 'despite a 14% stock market rally,' trouble spots are unlikely to disappear any time soon, putting continued pressure on the size of liabilities."
2.  J.P. Morgan Accused of Self-Dealing in Managing Church Trust Fund
Pensions & Investments Link to more items from this source
Aug. 14, 2014
"The lawsuit, filed Wednesday in U.S. District Court in Indianapolis, states J.P. Morgan Chase lost money because, as lone trustee for the trusts, the firm purchased more than 177 different investment products, 'mostly from itself, using church funds because they produced the highest revenues to J.P. Morgan, to the detriment of Christ Church.' ... From late 2007 to the end of 2008, the losses brought down the trusts' assets to $27 million from about $39 million.... J.P. Morgan no longer is trustee for the two funds."
3.  A Search for Intelligent Life in the Active Equity Management Universe (PDF)
J.P. Morgan Asset Management Link to more items from this source
Feb. 23, 2014
38 pages. Excerpt: "[O]ver the last five years, the chance of picking outperforming managers has been well over 50% in many investment styles ... Trailing five- and seven-year periods include the financial crisis and global recession, a time during which pairwise stock correlations rose and created greater challenges for some (but not all) investment styles ... [F]or some investment styles, active manager performance has been strongest when overall market returns are weak or rising in single digits ... [The authors] find no evidence that manager outperformance is systematically influenced by the size of a manager's fund."
4.  Low Rates Push More Pension Funds to 'Real Assets'
Pensions & Investments Link to more items from this source
June 10, 2013
"A number of pension funds have increased their real asset allocations or hired new real asset managers within the past 12 months.... Defined contribution plan executives who also oversee defined benefit plans ... are looking to add it to DC plans mainly through target-date funds ... J.P. Morgan Asset Management predicts institutional investors will bump up their allocations to real assets to about 25% as they search for income and inflation protection.... Cohen & Steers, Inc. would include global REITs, commodity futures, listed infrastructure, gold and currency such as Australian dollars."
5.  Real Assets' Role in Public Pension Portfolios
J.P. Morgan Asset Management Link to more items from this source
Oct. 3, 2018
"Core real assets have hybrid characteristics, providing the opportunity for a stable, volatility-reducing income stream and potential equity-like upside from price appreciation.... [An] allocation addition of core real assets as small as 5% can significantly enhance portfolio outcomes."
6.  Required Return: A Framework for Setting and Achieving Pension Objectives
J.P. Morgan Asset Management Link to more items from this source
May 29, 2019
"[T]he first step toward success in managing pension portfolios is to clearly identify the plan's ultimate objective (e.g., managing the plan in perpetuity, or partial or full termination) and to translate that objective into a measurable goal ... [This article describes] a required return and surplus volatility framework that can assist plan sponsors in shaping their asset allocations to help them achieve plan objectives."
7.  Breaking the 4% Rule
J.P. Morgan Asset Management Link to more items from this source
Feb. 27, 2014
"A dynamic model adapts withdrawal rates and asset allocations in response to changes in economic and market environments and shifts in personal circumstances. This approach appears to offer greater probability of retirement funding success by measuring the amount of overall satisfaction retirees derive from their withdrawals. Understanding the emotional aspects of investing can help draw meaningful -- if at times counterintuitive -- conclusions about optimal retirement income strategies. Case studies suggest the dynamic framework provides a potentially more even balance between generating and withdrawing enough from portfolio assets to maintain sustainable post-retirement living standards, while avoiding the risk of running out of money."
8.  Pension Defrost: Is It Time to Reopen DB Pension Plans -- or at Least Stop Closing and Freezing Them? (PDF)
J.P. Morgan Asset Management Link to more items from this source
Jan. 29, 2023
18 pages. "Many DB plans are fully funded, in aggregate, and sponsors have developed the expertise to manage pension assets to out-earn liabilities while imposing minimal financial risk.... Commonly used measures of pension risk are flawed, leading sponsors to overstate the benefits of getting rid of their pension plans through pension risk transfer (PRT) transactions, and to understate the potential benefits of maintaining prudently invested plans.... Closing, freezing and terminating plans may offer far less value than the conventional wisdom would suggest."
9.  Safeway Sued by 401(k) Participants Over Target Date Fund Fees
Pensions & Investments Link to more items from this source
Aug. 30, 2016
"[T]he plaintiffs said Safeway and Empower Retirement breached their fiduciary duties by selecting a target-date fund lineup managed by J.P. Morgan Asset Management (JPMAM) that 'charged excessive fees as compared to readily available alternatives,' the filing said. JPMAM is not a defendant in the lawsuit.... As of Dec. 31, 2014, the Safeway 401(k) Plan had $1.9 billion in assets, according to the company's most recent Form 5500 filing"
10.  Alternative Investments Gaining Share in Corporate Pension Portfolios, According to New Surveys
CFO Link to more items from this source
Sept. 16, 2010
Excerpt: Alternative investments, such as hedge funds, private equity, and real estate, are slowly but surely gaining sway with corporate pension fund managers. A recent survey by J.P. Morgan Asset Management of about 150 corporate pension plans found that alternative investments constitute about 11% of their assets, on average, and that the plans intend to increase that allocation to 14% within the next three years.
11.  Three Questions for Assessing a Target Date Fund's Fixed Income Allocation (PDF)
J.P. Morgan Asset Management Link to more items from this source
May 12, 2017
"[W]hen selecting the best TDF for their participants, plan sponsors may want to focus on the contribution of the fixed income component -- to ensure that it is structured and managed to deliver the strong risk-adjusted returns participants will need for a secure retirement. Is it appropriately diversified? Does the manager have sufficient flexibility to effectively allocate within and across fixed income sectors? And does the approach represent a reasonable compromise between cost and participants' retirement outcomes?"
12.  2023 Defined Contribution Plan Sponsor Survey: Expanding the Trend of Doing More for Participants (PDF)
J.P. Morgan Asset Management Link to more items from this source
Aug. 14, 2023
24 pages. "Nearly nine out of 10 surveyed sponsors report feeling a 'very high' or 'somewhat high' level of responsibility [for employee financial wellness], up from 74% in 2019 and 59% 10 years ago ... 52% of respondents say they offer automatic enrollment, significantly up from 10 years ago ... The most frequently reported investment menu changes were 'adding an option designed to generate retirement income for retirees' (45%) ... and 'reducing the number of investment options' (35%) ... Only 55% of surveyed sponsors know that they are a plan fiduciary, even though all the respondents have fiduciary responsibilities."
13.  Portfolio Allocation, Income and Spending in Retirement
J.P. Morgan Asset Management Link to more items from this source
Aug. 25, 2021
"De-risking is commonplace: 75% of retirees reduce their equity exposure after they roll over their assets from a 401(k) to an IRA. Required minimum distributions (RMDs) appear to be the dominant withdrawal 'guidance.' The vast majority of retirees -- particularly those with less observable wealth -- do not take distributions before RMD age, and those older than RMD age choose to take only the RMD amount. Income and spending in retirement are highly correlated. As income increases with the start of Social Security and RMDs, spending increases."
14.  What If We Live in a Low-Return World? Implications for Pension Funds
J.P. Morgan Asset Management Link to more items from this source
Aug. 2, 2015
30 pages. "[The authors] discuss the long-term trend for growth across asset classes and the implications, as well as potential solutions, for pension funds.... [T]he first section ... looks forward at global growth, productivity and demographic trends and examines the consequences for long-term interest rates.... [T]he second section ... explores the pension landscape in more detail, looking at the portfolio implications of a low-return world and outlining potential investment considerations and solutions."
15.  How Long Is the Journey Through Retirement?
J.P. Morgan Asset Management Link to more items from this source
May 10, 2015
"Uncertainty about the end-point makes planning for retirement particularly challenging. Adding to the problem, more than half of Americans underestimate their life expectancy. Four in ten underestimate their life expectancy by more than five years. Two in ten underestimate their life expectancy by two to four years.... Why is individual longevity so often underestimated? Can more informed estimates be made? And, what are the implications for when to receive Social Security benefits and how to invest retirement assets?"
16.  2020 Guide to Retirement (PDF)
J.P. Morgan Asset Management Link to more items from this source
Mar. 5, 2020
52 presentation slides cover topics and themes for retirement planning, including: [1] Older Americans in the workforce; [2] Managing expectations of ability to work; [3] Retirement savings checkpoints; [4] Income replacement needs in retirement; [5] The 4% rule -- projected outcomes vs. historical experience; [6] Effects of withdrawal rates and portfolio allocations; [7] Structuring a portfolio to match investor goals in retirement; [8] Structuring a portfolio in retirement -- the bucket strategy; [9] Tax implications for retirement savings by account type.
17.  Three Ways to Help Improve Participants' Retirement Outcomes in a Lower-Return World
J.P. Morgan Asset Management Link to more items from this source
Jan. 3, 2017
"Plan sponsors face a stark choice once they have acknowledged the outlook for lower returns. They can stay the course -- with participants contributing at their current deferral rates, often into relatively undiversified portfolios. Alternatively, they can take action to help improve retirement outcomes: encourage participants to save more; consider investment strategy options that can make portfolio diversification easier; and provide participants with the opportunity to enhance returns through the use of active management."
18.  The Unintended Consequences of Prioritizing One Risk in Target Date Fund Design (PDF)
J.P. Morgan Asset Management Link to more items from this source
Mar. 15, 2015
28 pages. "[It is] important to understand how differences in glide path design may enhance or detract from expected retirement outcomes. This is particularly true in how the strategy handles risk management in its portfolio allocation and construction choices. Given the broad number of factors that go into securing retirement funding success, assessing a glide path's risks entails more than evaluating standard deviations and downside volatility alone. Instead, [this] analysis examines how different glide paths allocate risk capital and quantifies how these decisions may affect risk/reward trade-offs that could significantly shape participant outcomes."
19.  Maturing Public Pension Plans: Strategies to Overcome Market Volatility and Portfolio Illiquidity
J.P. Morgan Asset Management Link to more items from this source
Mar. 13, 2020
"As public pension plans age and their demographic composition shifts ... plans experience a cash drain, with significant investment implications. This paper considers solutions, and shows that many public pension plans actually do have the capacity to add illiquidity to their portfolios, enabling them to potentially build out larger allocations to core alternatives. Core alternatives ... can potentially offer high income, low beta to traditional markets and relatively high returns. [The authors] also consider other solutions to aging public pension plans' challenges, including long-duration bonds, cash flow matching and derivative overlays/leverage."
20.  Choosing Target Date Funds: A Suitability Assessment
J.P. Morgan Asset Management Link to more items from this source
Feb. 12, 2020
"The absence of standard performance benchmarks, coupled with the wide and varied landscape of target date funds, makes comparing the performance of TDFs challenging.... [F]iduciaries who focus on short-term performance and fees without considering a TDF's strategic design and how that interacts with participants' real-world behaviors may be missing the mark."
   Next »

Your Search Options

  • If you have selected the Any Word radio button, above:

    Enter a single word, or as many words as you'd like (perhaps some synonyms). An item will match if it contains any one of the words.

    If you enter several words, the search engine will determine which words are the most important. So you can enter a question. Or you can paste an excerpt of several paragraphs from an article on another website to find similar news items on BenefitsLink.

  • If you have selected the All Words radio button, above:

    Enter several words. An item will match only if it contain every one of the words.

  • If you have selected the Advanced radio button, above:

    Certain words and punctuation take on special meanings—

    • Quotation marks can be used to require an exact phrase, such as
      "standard of review"
    • The words AND, OR and NOT become logic operators, which are especially powerful when used with parentheses, such as
      (vested OR vesting OR lifetime) AND (retiree OR retirement) AND (health OR healthcare) AND (benefits OR coverage)
© 2024 BenefitsLink.com, Inc.