With spring already here and summer arriving soon, these warmer months offer a perfect time to hold a wedding and celebrate two people committing to share their lives with each other. Amid this happy wedding season, it’s also important to look ahead. Retirement plans are the best way to secure a couple’s future, and just as two people entering marriage are often well matched, target-date funds and advisor managed accounts represent a perfect match in a retirement plan solution.
From asset class performance to the Fed’s monetary policy in the midst of peak inflation, Prime Capital Investment Advisors’ Research Team has done the deep dive to bring you the information you need to know now. Check out the April Month in Review.
This year’s Qualified Plan Fiduciary Summit connected plan sponsors with retirement industry thought leaders, advisors, recordkeepers, ERISA attorneys, money managers, and other service providers. This month’s newsletter article recaps the key themes from the event and items for plan fiduciaries to consider as we navigate a challenging labor market, an active litigation and regulatory environment, and increased employee needs and expectations.
In late March, Congress took its most significant step yet toward the passage of “SECURE Act 2.0”. The House passed the “Securing a Strong Retirement Act of 2022” in a 414-5 vote, which sets up a process through which the Senate will reconcile retirement-related bills currently in committee and negotiate with the House on potential final legislation. This month’s newsletter includes a brief summary of the path forward for SECURE Act 2.0 and identifies the Act’s provisions most likely to have the widest impact.
Risk Assets continued to dig themselves out of their year-to-date hole, with most global indices posting a positive, or very slight negative week.
Overall, economic data releases mostly met their expectations, showing that despite the near-term effects of the Russia-Ukraine conflict, the economy is still marching on. Importantly, the FOMC raised interest rates for the first time and took on a very hawkish tone for future monetary policy. Next week is on the lighter side, most releases relate to manufacturing data and real estate.
As we surveyed the fiduciary scene for this month’s newsletter, two topics jumped out at us: market turbulence and next month’s Qualified Plan Fiduciary Summit. We decided to spend some time on both.
European equities were able to recover some losses for the week, but the rest of global equities were largely in the red as the conflict between Russia and Ukraine raged on.
Global equities continued their sell off for the week as the conflict between Russia and Ukraine raged on.
A Soul Search for Successful Outcomes FOR WELL OVER A DECADE, Chris Roper has helped people from all walks of life plan and save for retirement. But something changed in 2019. For the first time, Roper, a Partner and Plan Success Consultant with Overland Park, Kansas-based Qualified Plan Advisors, took an eye-opening trip through Southeast […]