BridgebayApr 292 minBrokerage Window Fiduciary Issues There are several fiduciary issues that a plan sponsor should consider when adding a brokerage window to their 401(k) or 403(b) plan. The...
BridgebayMar 52 minMorningstar ESG UpdateA recent Morningstar, Inc. analysis in 4Q2021 resulted in the ESG (Environmental, Social and Governance) label being removed from more...
BridgebayFeb 151 minUpdate on DOL ESG Proposed RulesThe DOL continues to focus on how climate change, social and governance factors (ESG), may impact ERISA-covered retirement plans and has...
Nicholas Zaiko, CIMAJan 113 minPart 3 - DOL Fiduciary Guidance on Managed Accounts in 401(k) PlansField Assistance Bulletin (FAB) 2007‐1 FAB 2007‐1 provides a detailed summary of the duties involved in selecting and monitoring a...
Nicholas Zaiko, CIMADec 11, 20211 minPart 2 - Well Designed Managed Account Programs in 401(k) Plans A plan sponsor should consider several features and services for a well‐designed managed account program: Independent Professional...
Nicholas Zaiko, CIMANov 27, 20213 minPart 1 - Fiduciary Considerations: Managed Accounts in 401(k) PlansThe decision to use an advice provider or managed account provider involves fiduciary responsibility in the prudent selection,...
Nicholas Zaiko, CIMAOct 30, 20214 minESG and Proxy Voting Rules Update Source: American Society of Pension Professionals & Actuaries (ASPPA), October 13, 2021. The Department of Labor released a proposal in...
BridgebayOct 16, 20217 minMarket Review 3Q 2021The quarter was mixed for fixed income returns. High-frequency data indicates that economic activity is surging, aggregate household...
Nicholas Zaiko, CIMAJul 17, 20212 minSelf-Directed Brokerage AccountsMany defined contribution plan administrators offer brokerage window options. If a plan sponsor decides to add this feature, the...
BridgebayJul 17, 20218 minMarket Review 2Q 2021The US economic recovery continued to accelerate in 2Q2021 as the rollout of COVID-19 vaccinations expanded the economic re-opening...
BridgebayApr 10, 20216 minMarket Review 1Q 2021March 2021 completed a year since the liquidity crisis in March-April 2020 at the beginning of the COVID-19 pandemic. The Federal...
Nicholas Zaiko, CIMAJan 30, 20211 minDOL Final Rule on ESG Investments in 401(k) PlansOn October 30, 2020, the U.S. Department of Labor issued its final rule on Financial Factors in Selecting Plan Investments (“Final Rule”)....
BridgebayJan 9, 20218 minMarket Review 4Q 2020COVID-19 case growth dominated news flow at the start of the year but encouragingly, rapid vaccine discovery and the start of...
Nicholas Zaiko, CIMAOct 24, 20202 minDOL Submits Final ESG RuleOn October 14, 2020, the US Department of Labor submitted its final rule addressing environmental, social and governance (ESG) factors in...
Nicholas Zaiko, CIMAOct 10, 20207 minMarket Review 3Q 2020After the severe economic shock from Covid-19, market sentiment rebounded from the March 2020 lows when credit spreads exploded. Many of...
Nicholas Zaiko, CIMAAug 22, 20202 minDOL Proposal to Restrict ESG InvestingEuropean pension plans and institutional investors have long been prioritizing ESG investments. In the US, the acceptance of ESG...
BridgebayJul 16, 20205 minMarket Review 2Q 2020After the severe economic shock from COVID-19, market sentiment rebounded from the March 2020 lows when credit spreads widened...
BridgebayJun 30, 20202 minDOL Affirms Private Equity in Asset Allocation FundsTarget date funds and other asset allocation solutions for defined contribution plans continue to grow and evolve. The DOL issued...
BridgebayApr 11, 20205 minMarket Review 1Q 2020The US economy was very strong during January and February with low inflation, historically low unemployment and slow but steady economic...
Nicholas Zaiko, CIMAMar 21, 20201 minSECURE Act Allows for Annuities in 401(k) PlansSection 204 of the SECURE Act allows for in-plan annuities. The Act created a “Fiduciary Safe Harbor Provision for the Selection of...