Managed Account Is a Misnomer When it Comes to QDIAs

Published on March 10, 2025

The PPA has made a mistake in designating an MA as a QDIA. Perhaps the drafters of the PPA were thinking about accounts that are actually managed, but those participants do not default, so that flavor of MA is not a QDIA, and is typically reserved for executives of the sponsoring firm.

Continue reading on website
Other news

Q&A: REIT Performance Holds Up in Low- and High-Rate Environments

March 10, 2025
Industry association Nareit published a series of research pieces examining REIT performance in different rate regimes.

It’s Good to Be Weird: Joseph Henrich’s ‘WEIRDest People in the World’ Five Years On

March 10, 2025
WEIRDness provides rewards – wealth, the pursuit of happiness, political freedom – that should cause it to succeed, over the long run, in the Darwinian competition between social systems that we call “history.” I hope it wins. WEIRD is good.