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Pension Plans: Are They Coming Back in a New Form?

Defined Contribution plans like 401(k)s have almost replaced pension plans entirely, although many plan providers and insurance companies are trying to make DC and pension plans similar in a number of ways. The latest step in that direction has been to include guaranteed income options in 401(k)s, which will be tested out soon in the market.

RiXtrema Responds to Riskalyze: Conclusive Proof

More on Riskalyze interest rate stress tests & ‘wildly inaccurate’ predictions?   Yesterday, Riskalyze published some attacks on methodologies of their competitors, specifically RiXtrema and Hidden Levers. The day of the article, we received an inquiry from a journalist at wealthmanagement.com. Here is the key question we got asked and our answer: Journalist: How would you respond to criticism that labels Portfolio Crash Testing PRO as “predictive guesswork” and “wildly inaccurate?” RiXtrema: Well, our scientific credentials speak for themselves. Also, a previous version of our methodology was published in a well known scientific journal called Journal of Risk Model Validation (https://www.risk.net/journal-of-risk-model-validation/2161275/portfolio-crash-testing-making-sense-of-extreme-event-exposures). RiXtrema’s latest version of PCT PRO is significantly more...
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