By: Christopher Rowlins, Partner, Senior Consultant
Public Defined Benefit (DB) and Other Post Employee Benefit (OPEB) plans often assess their financial progress on a fiscal year (FY) ending June 30. In the most recent fiscal year ending June 30, 2023, the Bloomberg Aggregate Bond Index showed minimal changes. However, domestic equities, represented by the Russell 3000 Index, performed... Read More >
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By: Rebecca Sielman, FSA, MAAA, EA, Principal, Consulting Actuary | Milliman
Dive into the dynamic world of actuarial expertise with the Actuarial Standards of Practice, more commonly known as ASOPs. These principles, techniques and procedures serve as a compass for the actuarial profession, offering a tool to navigate the complex financial landscapes. What makes them truly compelling is their evolution as they are periodically reshaped to reflect the latest trends and the very essence of actuarial excellence. Read on as we explore the most recent transformation in ASOP 4, where four pivotal changes impact public pension plans… Read More >*
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*This content is for educational/informational purposes only and should not be construed as investment advice. Fiducient did not participate in the creation of this content. Everything shown in the article is for illustrative purposes only.
This report is intended for the exclusive use of clients or prospective clients (the “recipient”) of Fiducient Advisors and the information contained herein is confidential and the dissemination or distribution to any other person without the prior approval of Fiducient Advisors is strictly prohibited. Information has been obtained from sources believed to be reliable, though not independently verified. Any forecasts are hypothetical and represent future expectations and not actual return volatilities and correlations will differ from forecasts. This report does not represent a specific investment recommendation. The opinions and analysis expressed herein are based on Fiducient Advisor research and professional experience and are expressed as of the date of this report. Please consult with your advisor, attorney and accountant, as appropriate, regarding specific advice. Past performance does not indicate future performance and there is risk of loss.
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