Editorial
P&I's annual list of the largest retirement plans is littered with asset slides of 15% to 20% as markets turned and interest rates soared.
Publisher Chris Battaglia is stepping down, but he notes that new initiatives and a history of innovation positions the brand for success.
Retirement plan sponsors arguably find themselves in the best financial positions since before the global financial crisis.
A busy 2021 provided lots of fodder for P&I editorial cartoonist Roger Schillerstrom.
Unless interest rate or other assumptions change significantly, other plans will have to cut their assumptions, but how much?
The most recent results from GPIF's high-profile experiment with fee payouts should be reassuring for active money managers.
What became clear from roundtables is that work remains to be done on diversity, equity and inclusion to address built-in barriers.
Record keepers are facing pressure on a number of fronts, but building better systems and better tools will produce better outcomes for all.
While there are certainly challenges to working only remotely, there are benefits that bear keeping in mind.
