Since 1871 the correlation between changes in stock prices and changes in bond yields has averaged 0%. Over the past five years, our chief economist writes, the correlation has averaged –0.6%, the lowest in U.S. history.
A bottle of wine reminds our blogger of the thoughtful planning and care that goes into our target-date funds.
Trying to keep up with the Joneses is a surefire way to sideline you and your family’s financial health. Providing financial literacy training to children at an early age can help prepare them for life-long financial success.
Although the risk of a recession is low, the U.S. economy is likely to experience “growth scares.” Joe Davis offers insights that can help clients keep things in perspective.
Steve Utkus, principal and director of Vanguard Center for Retirement Research, analyzes DB and DC plan performance data. He concludes more data and deeper analysis are needed for more concrete results.
John Schadl, head of Vanguard ERISA & Fiduciary Services, takes a closer look at one provision of the DOL’s final rule updating the definition of fiduciary advice.
Target-date funds and managed accounts are reshaping the retirement landscape. And a critical factor in their success is the fact that participants tend to stick with these strategies after they’ve been adopted.
As voters in the United Kingdom head to the polls to determine whether to remain in the EU, Vanguard’s Peter Westaway discusses potential implications of this vote on the United Kingdom and United States.
Retirement plan sponsors have many fiduciary responsibilities to their plan and participants. Financial professionals can provide coaching in many areas, including investment selection, plan administration, and fiduciary compliance.
A lump-sum option to DB plan participants can reduce a plan’s liabilities—a good thing. Making it available to pensioners? Not so good and not any more, says the IRS to in-pay retirees and beneficiaries. Blogger Paul Bosse agrees, and explains why.