TRUMBULL, Conn.--(BUSINESS WIRE)--Nine years ago, financial expert Dr. Susan Mangiero launched the first blog dedicated exclusively to the topic of retirement plan investment risk governance and fiduciary best practices. This unique website, www.pensionriskmatters.com, continues to serve as an educational resource for U.S. and international corporate and public pension fund managers, 401(k) plan investment committee members, ESOP plan trustees, CFOs, directors and advisors who want to learn more about due diligence, fees, risk management, asset allocation, performance reporting, hedge funds, private equity funds, liquidity and valuation.
Since the debut of www.pensionriskmatters.com in 2006, over 900 published analyses, research updates and guest interviews continue to reflect the growing worldwide retirement crisis and regulatory oversight of more than $30 trillion in assets. According to Dr. Mangiero, “The economic well-being of the retirement system personally impacts millions of people. As a result, there is a lot more attention being paid to who is making decisions about plan design, investment strategy, how vendors are compensated and whether prudent processes are in place to support actions taken. Even when good governance exists, a plan sponsor may end up being sued and that can be costly and time-consuming. In 2014 alone, ERISA lawsuit settlements, including class actions, exceeded $1 billion. The adoption of an expanded fiduciary standard is likely to encourage further scrutiny.”
In putting together the content for Pension Risk Matters, Dr. Mangiero draws on her experience as a forensic economist and former trader, adding, “There is never a shortage of subjects to discuss, thanks to ongoing suggestions and contributions from readers and the significant realities of changing demographics, market volatility and new accounting rules.”
Dr. Susan Mangiero, Managing Director with Fiduciary Leadership, LLC, is a CFA® charterholder, Accredited Investment Fiduciary Analyst™, certified Financial Risk Manager (FRM®) and Professional Plan Consultant™. She provides independent risk management, due diligence and valuation-related economic analyses, fiduciary training and litigation support services such as expert witness testimony and calculation of damages. Dr. Mangiero is the author of Risk Management for Pensions, Endowments and Foundations and lead contributor to a second investment compliance blog, www.goodriskgovernancepays.com.