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Episode Summary
Today's episode is absolutely packed with information for all
plan sponsors regardless of the current “cash” or capitalpreservation strategy in your 401(k) plan. My guest, BrettGorman, a SVP at PIMCO Investments and head of their Stable Valuebusiness shares valuable information about Money Market Reform andits impact on both plan sponsors and participants. He alsolays out a great roadmap to help plan sponsors reevaluate theircapital preservation strategy to find the right mix of principalprotection, liquidity and real return. Be sure to listen formore details on what real return is and why it should be animportant factor in your go forward capital preservation strategy.Guest Bio
Mr. Gorman, a CFA Charterholder, is a senior vice president, an
account manager in the defined contribution (DC) practice, and headof PIMCO’s stable value business. The PIMCO DC Practice, with over$100 billion of DC-related assets under management, isdedicated to promoting effective DC plan design and innovativeretirement solutions and offers investment management forfixed-income, stable value and other capital preservationsolutions, inflation protection, equities and asset allocationstrategies such as target-date solutions. PIMCO has been managingstable value since 1992 and, with almost $30 billion in stablevalue assets under administration, provides a variety of stablevalue-related services to the market.Mr. Gorman currently serves on the board of directors of Stable
Value Investment Association (SVIA), an industry-peer electedposition. The SVIA is dedicated to providing leadership andrepresentation on issues related to stable value before the media,educators, legislators, regulators and opinion leaders, as well asserving as a forum for the exchange of ideas and discussion ofissues important to the Stable Value industry. He has spoken at avariety of industry meetings and conferences, including at numerousSVIA Forums, the Merrill Lynch Wealth Management Global Wealth& Retirement Solutions Conference, DCIIA, the PIMCO DC AdvisoryCouncil, and the SPARK Institute.Prior to joining PIMCO, Mr. Gorman was a director and senior
portfolio manager with the Deutsche Asset Management stable valueteam and a fixed income portfolio manager for institutional andgovernmental clients at Merrill Lynch Investment Managers. He has23 years of investment experience and holds an MBA from RutgersUniversity and a bachelor’s degree from Syracuse University.401(k) Fridays Podcast Overview
Offers companies of all sizes free strategic, educational and
actionable content to improve their retirement plans. My name is Rick Unser and I am your host. All episodesleverage my nearly two decades of experience working with employersto bring you candid interviews with industry experts to enhanceFiduciary Protection, streamline Plan Operations and improveemployee Retirement Readiness.