Be an Elephant with your defined benefit plan – don’t forget!
2013 was a great year for defined benefit (DB) plans. A recent report by Mercer said that pension plans of the S&P 1500 companies are now 95% funded, up from 74% a year ago. Fueled by record high stock market levels, strong contributions by plan sponsors and modest increases in interest…
The Surprising Truth About Volatility
True or false? It doesn’t matter how much an investment goes up or down in value, as long as the average return over time is good. If you chose “true,” you’re wrong. But you’re not alone. Many investors don’t realize the impact volatility can have on returns over time.