Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
January 16th, 2019
Empower ERISA Revenue-Sharing Lawsuit Voluntarily Dismissed
The decision notes that this outcome was reached voluntarily by the plaintiffs and defendants. Both parties agreed to dismiss this action pursuant to Federal Rule of Civil Procedure 41(a), with each party to bear its own attorneys’ fees, costs and other expenses of litigation. Read more >
Employees Express Preferences for Retirement Plan Communications
Studies from Empower Institute found many commonly used industry terms don’t make sense to their intended audience, and employees perceive retirement plan communications as wordy and long, complex and confusing, generic, overwhelming and wasteful. Read more >
2018 Adviser Choice Awards
PLANADVISER has announced winners of the fifth annual Adviser Choice Awards, to be handed out at the PLANSPONSOR/PLANADVISER Excellence in Retirement Awards 2019 on March 28th. Read more >
The New Vesting Schedule Debate
More TDF Underperformance ERISA Lawsuits Filed
Why Are Financial Services Firms Looking to Wealth Management Leaders?
The Future of Work in the Investment Industry
The Most ‘Outrageous’ ERISA Complaints Yet Filed?
Sponsored message from Invesco
Explore Invesco's new spin on retirement thinking in Shifting DC Times
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The Segal Group Acquires Benz Communications
Jennifer Benz, senior vice president, who was CEO of Benz Communications, said her firm has been experimenting with new things that The Segal Group’s current clients will have access to. Read more >
Thrive Offers Student Loan Debt Repayment Program
Employees can determine how they want to allocate employer 401(k) matching dollars. Read more >
Market Mirror
Tuesday, the Dow gained 155.75 points (0.65%) to finish at 24,065.59, the NASDAQ closed 117.92 points (1.71%) higher at 7,023.83, and the S&P 500 increased 27.69 points (1.07%) to 2,610.30. The Russell 2000 was up 12.40 points (0.87%) at 1,445.22, and the Wilshire 5000 climbed 281.92 points (1.06%) to 26,979.61. The price of the 10-year Treasury note was down 3/32, increasing its yield to 2.715%. The price of the 30-year Treasury bond decreased 10/32, bringing its yield up to 3.071%.
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