-- The asset-smoothing relief available to them for 2009 and 2010 -- The permanent election of yield curve methodology in 2010Larry Karle, senior consultant with Longfellow Benefits, said the primary focus in asset allocation is no longer determined by an actuary; instead, risk tolerance is the determinant. Run models to see the effect an asset allocation would have on cash flow. Controlling costs is crucial this year. "An experienced advisor should advocate for his or her client and help trim unnecessary costs," he said. For instance, using less expensive share classes can make a big impact on the bottom line. A detailed PowerPoint on the presentation is available at http://longfellowbenefits.com/site under Longfellow News. Serving organizations in New England and nationally, Longfellow Benefits provides employee benefits, retirement plans and executive benefits. Its staff includes experts carrying top professional designations: Registered Employee Benefit Consultant (REBC), Chartered Life Underwriter (CLU), Registered Health Underwriter (RHU), Licensed Insurance Advisor (LIA), Master of Business Administration in Taxation (MBA), Certified Employee Benefits Specialist (CEBS), Certified Financial Planner (CFP®), Chartered Financial Consultant (ChFC) and Accredited Investment Fiduciary (AIF®). For more information, visit www.longfellowbenefits.com or call 617-351-6000.
Contact Information: Contact: Henry Stimpson Stimpson Communications 508-647-0705 HStimpson@StimpsonCommunications.com