Loan & Distribution Specialist AimPoint Pension
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Compass
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AimPoint Pension
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Bates & Company, Inc.
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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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A Switch to Mark-To-Market Accounting for Defined Benefit Plans Has Little Impact on Key Financial Metrics
SEI Nov. 19, 2013
"Returns on share price in the period surrounding the earnings announcement showed no statistically significant abnormal return values. Financial analysts' reports and quarterly earnings calls showed very few questions and no direct criticisms of the mark-to-market implementations by the companies. Ratings agencies such as S&P, Moody's, and Fitch were already using mark-to-market accounting as part of their longstanding practices. Internal management received the benefit of removing drags on earnings, while ultimately gaining more favorable earnings per share without the penalty of past poor performance."
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