We are pleased to share with you the latest article in the KCS Fireside Chat series. This article is our 46th in the series, and it deals with one of the most pressing subjects for DB pension plans. As you will read, DB plans continue to singularly focus on the ROA as their fund’s primary objective. Unfortunately, and despite meaningful outperformance, beating the ROA does not insure a well-funded plan. Just look at the 104 Massachusetts public funds.
In this article we discuss the need for sponsors and their consultants to focus more on a plan’s specific liabilities to drive investment structure and asset allocation decisions. Are you ready to explore a different path to success? Call on us to help you find your way.