Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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AimPoint Pension
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Carolinas' Prayer For Alternatives?
Pension Pulse [Opinion] Oct. 10, 2013
"[A]lternatives are no panacea and the approach pension funds use is extremely important. Paying high fees while underperforming public market benchmarks is simply unacceptable. It's great for Wall Street but it increases costs and exposes these plans to liquidity, operational, investment and reputation risks.... [T]he funded status of these plans is what ultimately counts and they are doing fine in this regard. But this doesn't mean that the performance of alternative investments shouldn't be scrutinized."
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