The Retirement Advisor Council (RAC) recently released a report on the value Outstanding Plan Advisors bring to Plan Sponsors. The report was based on the findings of over 400 plan sponsors who participated in a questionnaire administered in December of 2016. Participants who responded to the questionnaire had at least 100 employees, included 401(k), 403(b), profit sharing and money purchase plan sponsors. Defining an Outstanding Plan Advisor can be a bit subjective and often varies based on the needs that a Plan Sponsor may have. In this study, the intent was to define an outstanding advisor by determining if the advisor was able to add significantly in aligning business interests with t
During an interview with a Bloomberg reporter on July 31, 2018, Alan Greenspan, the former Federal Reserve Board Chairman, stated that “By any measure, real long-term interest rates are much too low and therefore unsustainable.” Greenspan went on to express this opinion, “We are experiencing a bubble, not in stock prices but in bond prices. This is not discounted in the marketplace.” We have stated our belief that interest rates have bottomed and that over the next several years interest rates will begin to move up and prices for bonds will go lower. There are many factors which influence interest rates – we are going to focus on just one of those in this article – Quantitative Easing or
