PT  - JOURNAL ARTICLE
AU  - Daniel P. Cassidy
AU  - Michael W. Peskin
AU  - Laurence B. Siegel
AU  - Stephen Sexauer
ED  - Bollen, Jennifer
TI  - Practical Applications of Be Kind to Your Retirement Plan—<em>Give It a Benchmark</em>
AID  - 10.3905/pa.2014.1.3.020
DP  - 2014 Jan 31
TA  - Practical Applications
PG  - 1--5
VI  - 1
IP  - 3
4099  - https://pm-research.com/content/1/3/1.1.short
4100  - https://pm-research.com/content/1/3/1.1.full
AB  - Be Kind to Your Retirement Plan—Give It a Benchmark Daniel P. Cassidy Michael W. Peskin Laurence B. Siegel Stephen Sexauer Defined-contribution (DC) pension plan trustees and advisory firms need to focus greater attention on choosing benchmarks. The authors of this article indicate how benchmarks should be used in retirement portfolios and how they can improve outcomes for both sponsors and investors.In this Practical Applications report, co-authors Daniel Cassidy, Managing Director at retirement plan consultancy P-Solve Cassidy , and Michael Peskin, Chief Executive Officer of pension advisory firm Hudson Pilot , discuss the potential for manager push-back to benchmarking and institutional best practices. Accumulation and decumulation phases of a plan need separate benchmarks, they advise.“Tons of money have built up rapidly into these qualified options, but the investment characteristics of the option have not been given much thought by the trustees who are choosing this option on behalf of all of the participants… without a clear goal in mind,” Peskin notes.