| Are Personal Advisers ERISA Fiduciaries? |
| Maybe yes, if advising about a 401(k).
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| John Hancock Introduces Participant Online Learning Center |
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My Learning Center offers a financial wellness assessment, retirement calculators, webinar recordings, podcasts, videos, articles and other resources previously available in different areas of the participant website, all in one location.
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| MassMutual Adds Student Loan Repayment Program to Financial Wellness Tools |
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Once the Student Loan solution has been elected by an employer and implemented through Tuition.io, MassMutual integrates the program as part of its MapMyFinances financial wellness tool.
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| Fee Considerations Drive Mutual Fund Purchases |
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Investors also look at historical performance and performance compared to an index, ICI found.
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| LifeYield Service Seeks Tax-Smart Retirement Paychecks |
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Subscribers of LifeYield’s Proposal Advantage Suit and Taxificient Score will gain access to the “tax-smart” retirement income planning tool.
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| Market Mirror |
| Wednesday, the Dow gained 115.97 points (0.45%) to finish at 25,648.02, the NASDAQ closed 87.65 points (1.13%) higher at 7,822.15, and the S&P 500 increased 16.55 points (0.58%) to 2,850.96. The Russell 2000 was up 5.21 points (0.34%) at 1,548.27, and the Wilshire 5000 climbed 171.38 points (0.58%) to 29,471.37.
The price of the 10-year Treasury note increased 10/32, bringing its yield down to 2.377%. The price of the 30-year Treasury bond climbed 19/32, decreasing its yield to 2.820%.
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