COVID-19: Changing Portfolio Management Forever
In a preview of our upcoming print edition, three large target-date fund managers weigh in on the current market—and what...
Tag: coronavirus
15th Anniversary of RPAY: John Barry
One difference between now and 2008 in terms of running an advisory practice is the “technology dividend,” says John Barry,...
Managers See Stocks Buoyed by Stimulus
They warn that there could be a market pullback when second-quarter earnings start being reported and that the coronavirus’ legacy...
A Bad Time to Stretch for Yield
We were already in a new normal of very low interest rates before the coronavirus pandemic struck. It now seems...
Many Retirement Plan Contracts Delayed by COVID-19
Sales of new plans are expected to decline throughout the rest of 2020, with small plans affected the most.
Wave of Coronavirus Hardship Distributions Still Building
Only 5% of respondents to a new survey have withdrawn from their retirement accounts, but another 7% said they plan to do so in the coming weeks.
Voices
An Uptick in Customer Arbitration?
Litigation risks to understand during the COVID-19 crisis.
IRS Expands Coronavirus Loan, Distribution Relief
The Internal Revenue Service is expanding the categories of individuals eligible for special loans and distributions and providing updated guidance on the tax treatment of these distributions and...
Economic Murkiness Won’t Soon Dissipate
One economist says there is so much noise in the data that it’s hard to assess where we are right now, let alone where things are going from...
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover...
COVID-19 Impacts Cap-Weighted Index Fund Construction
Additions to the Russell 3000 this year include Zoom Video Communications, Pinterest and Mimecast, highlighting the importance of communications technology in the midst of the coronavirus pandemic.
Investment Managers See Opportunities in Small-Caps
They say the Federal Reserve’s fiscal and stimulus moves have put a floor under the equity and bond markets.
Paycheck Protection Program Considerations for Advisers
Like any clients that have taken advantage of the Paycheck Protection Program (PPP), advisory practices must be careful about the...
IRS Provides Relief for Participant Elections Required to Be Witnessed
Notice 2020-42 provides temporary relief from the physical presence requirement for any participant election witnessed by a notary public in a state that permits remote notarization or witnessed...
IRS Moves Certain Deadlines for DB, 403(b) Plans
The agency says it is postponing deadlines for certain time-sensitive actions required by these plans and others because of the COVID-19 emergency.
In Times of Stress, Timely Communications Make a Big Difference
New data shows the education and guidance firms are providing is helping individuals to stay the course.
The Future of Emergency Savings Post-COVID
It took a catastrophic global event to demonstrate how ill-prepared many Americans are for even a brief interruption of income—including many people high up on the income scale.
Lessons from Past Recessions Have Limits
Looking back to the Great Recession and Great Depression, unemployment data shows that the full effect of those downturns took...
House Passage of Heroes Act Brings Test of Senate’s Stimulus Appetite
The close passage of the Heroes Act in the House of Representatives, with 208 yeas and 199 nays, underscores the difficult path ahead for the fourth coronavirus relief...
Managers Warn Stocks Could Fall Further
Citing elevated valuations and rising tensions between the U.S. and China, some say a V-shaped recovery is unlikely.