Program Day 2

9.00

• What spectrum of risks are retirees facing?
• An exploration of the new retirement risk matrix
• What approaches to income generation are growing in the marketplace?
• Will financial liability potential for advisors, sponsors and product manufacturers increase as more investors approach retirement?
• What role can indexed investing play in post-retirement distribution solutions?

9.40

• What are the choices of "retirement-specific" indexes?
• Can index funds really give the ‘baby boom’ investor what he/she is looking for?
• Fiduciary liability concerns
• Target date index funds
• Index funds and the DOL's "Approved" list

10.20

• Summary of how our RIA firm evolved to accept the use of indexing as an integral part of our wealth management solution
• Why our RIA firm made the decision to integrate structured notes into client portfolios
• Combining the two philosophies – why indexing within structured notes makes sense
• Comments on client perceptions regarding indexing and structured notes in the current environment

11.20

• State of the art (growth in number of target funds and assets under management)
• Differences in the design and riskiness of target date funds (i.e., differentials in the "glidepath")
• Performance comparisons (peer group comparison vs. comparison against target date index)
• Key issues in the future (accumulation vs. distribution funds)

12.00

• Valuation-indifferent indexing
• Construction of fixed-income valuation-indifferent portfolios
• U.S. corporate investment-grade and high-yield bonds
• Emerging market bonds
• Portfolio performance and attribution

12.40

• v How the current financial crisis happened and what to do about it
• To what extent was failure to manage unusual risks a factor in the crisis?
• Indexed products as part of the solution