Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
January 9th, 2019
Sheridan Road Financial Sells Practice
Sheridan Road, the Chicago-based advisory firm with more than $14 billion in assets under advisement, has been acquired by global insurance broker HUB International Limited (Hub). The firms tell PLANADVISER the match is “as good as it gets.” Read more >
403(b) Plan Sponsors Continue to Improve Investment Oversight
Even among 403(b) plans not governed by ERISA, PLANSPONSOR DC Survey results show that in 2016, 54.3% of plan sponsors reported they have an investment committee for their plans; this jumped to 67.3% in 2017 and 67% in 2018. Read more >
Fiduciary Training Needed by Nonprofit Clients
Findings in a new CAPTRUST survey report suggest there may be opportunities for advisers to support board-level investment and fiduciary training at endowments and foundations. Read more >
Protection for Your Practice
“The last few years have made clear that lawsuits against any and all parties involved with retirement and welfare plans are here to stay,” says Lars Golumbic, a principal with Groom Law Group, Chartered, in Washington, D.C., and author of an extensive report on the subject, “Who May Sue You and Why,” published last year, for global insurance provider Chubb. Read more >
MOST READ ARTICLES
1
Many Retirees Wish They Had Delayed Taking Social Security Benefits
2
Another Bill Proposed as Senate Committee Hearing Brings Calls for Retirement Action
3
Institutional Plans See Strong Q1 2019 Returns
4
RESA, RSSA, SECURE Act and More Pile Up in Congress
5
Excessive Fee Suit Filed Against Greystar Management
Sponsored message from Invesco
Explore Invesco's new spin on retirement thinking in Shifting DC Times
Subscribe today to gain access to our latest plan sponsor focused publication. Read more >
Upcoming Webinar: Smarter Plan Features Can Help Employees Retire
Managed accounts and other online advice tools can help guide employees on how much save, how to invest their savings, and when to retire. But what impact, if any, do these programs have on saving and investing behavior? And what lessons can employers leverage to design a plan that helps employees meet their retirement goals? Read more >
Alight Solutions 401(k) Index Shows Busy Trading Year for 2018
On the one hand, participants were very active during the year, with 46 days of above-normal daily transfer activity; on the other hand, net trades in 2018 amounted to only 1.42% of total plan balances, making 2018 a record low year for trading volume. Read more >
Resolved: Promote Financial Ed
Nearly half, 48%, of workers responding to the 2018 PLANSPONSOR Participant Survey said personal financial education is either very important (23%) or important (25%) to them. Read more >
Market Mirror
Tuesday, the Dow gained 256.10 points (1.09%) to finish at 23,787.45, the NASDAQ closed 73.53 points (1.08%) higher at 6,897.00, and the S&P 500 increased 24.72 points (0.97%) to 2,574.41. The Russell 2000 was up 21.19 points (1.51%) at 1,426.55, and the Wilshire 5000 climbed 282.45 points (1.07%) to 26,613.83. The price of the 10-year Treasury note was down 9/32, increasing its yield to 2.729%. The price of the 30-year Treasury bond decreased 13/32, bringing its yield up to 3.009%.

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

Subscribe to Adviserdash, click here .

To unsubscribe, click here.

BrightScope / CIO / FWW / Investor Economics / LiquidMetrix / Market Metrics / Matrix Solutions / PLANADVISER / Plan For Life / PLANSPONSOR / Simfund