El-Erian: Fed Hasn’t Won Post-QE War (Yet)
The head of PIMCO gives four reasons to take a cautious approach to the markets in 2014.
6 Ways Cities Can Ease Unfunded Health Care Obligations: Pozen
Surprisingly, Detroit’s recent filing for bankruptcy showed it owed $6.4 billion in post-employment benefits like health care, more than twice what it owed in pension obligations.
Social Security’s Old Forecasting Method Hides New Time Bomb, Researchers Say
Two researchers argue that the Social Security Administration is using outdated methods to project longevity and therefore understates the system’s shortfall by two years.
What Will the Possible Fiscal Cliff Plans Cost Your Clients?
Your bread-and-butter client, an upper middle-class family with two children, earning $147,000 a year, would see their tax bill rise by $7,323 if we go over the fiscal cliff. They would fare better under the plans of the two political parties.
MFS’ Pozen Takes Aim at U.S. Deficit, Slams Target-Date Funds: RIS
Éminence grise of investment management invites Retirement Income Symposium attendees to ponder 8.5% rates of return on state pensions.