ERISA
topic on 5 shows · 5 statements across 5 episodes
In Depth 
Innovators & Investors 
Sourcery 
A Product Market Fit Show 
Capital Allocators
5 statements about ERISA, every show
Schumm: SECURE Acts are largest retirement legislative tailwinds since ERISA
“There was the notion of Secure One Dot O and then Secure Two Dot O, and now actually they're working at Secure Three Dot O. Those have become some of the largest legislative tailwinds that this industry's seen since the inception of ERISA law back in the mid-s…”
Friedberg: US private pensions dropped below 8%, while government pensions stayed at 90%
“In 1980, 40% of Americans had a pension plan. Today, less than eight percent. 1980, 90% of government workers had a pension plan. Today, 90% of government workers have a pension plan.”
Franklin: 1970s tax and ERISA reforms catalyzed modern venture capital
“Most people point to the birth of the modern day venture industry, to two policy decisions that were made in the seventies. One was to lower the capital gains rate so that there was a greater differential between ordinary income rates and capital gains tax rat…”
Busque: Guideline hired an ERISA attorney as its first employee
“Our first employee was actually a lawyer. And this was a person, you know, generally not fresh out of law school, but somebody young enough to essentially interpret, interpret ERISA, the IRS regulations, Department of Labor, SEC, et cetera. And that was really…”
Applying ERISA-style pension rules to family and endowment management destroys value
“What I'm criticizing is misapplying it
Into family and endowment management, where we should like tracking error.
We should think about what you need to do to outperform, not shy away from it.
I guess that's my biggest pet peeve, is best practices that are act…”