July 24th, 2019

Lawsuit Challenges Use of Money Market Fund, Actively Managed Funds in 401(k) The complaint accuses BBVA Compass of mismanaging a $100 million money market fund “that was the investment equivalent of stuffing cash into a mattress” and failing to properly monitor investments and remove imprudent ones Read more > 10 Retirement Planning Tips for the Self-Employed The self-employed think about and plan differently for retirement compared with their counterparts working for companies and corporations; they also have double the emergency savings. Read more > Watching Interest Rates Can Save Clients Money on PRTs Although 2018 experienced an upward trend in annuity purchase interest rates, history demonstrates these rates fluctuate over time with varying degrees of peaks and valleys. Read more > Ready to Compete with Google? As consumers, investors are inclined to compare their wealth management experiences not against other wealth management firms but against consumer goods and technology behemoths, including Facebook, Apple, Amazon, Netflix and Google. Read more > MOST READ ARTICLES 1 Franklin Templeton to Acquire Putnam for $925 Million 2 Congress Says It Will Fix at Least 4 Errors in SECURE 2.0 3 SS&C Adds Allianz Retirement Income Annuity to DC Plan Platform 4 Smart Acquires Managed Account Provider ProManage 5 Recordkeeper “House” Investment Options Worth a Look, But Carefully, Advisers Say

Sponsored message from Voya What’s missing from your fixed income lineup? Whether you need something traditional or custom, we create both. Discover Voya’s Fixed Income solutions – skillfully made. Read more > Women Investors Less Financially Prepared than Men They are also less optimistic about the U.S. stock market and economy, according to a Nationwide survey. Read more > MyBlocks Digital Tool Covers Various Financial Wellness Topics It enables advisers to engage prospects and clients of all ages and financial backgrounds and to use the registration information to turn prospects into clients. Read more > Market Mirror Tuesday, the Dow gained 177.29 points (0.65%) to finish at 27,349.19, the NASDAQ closed 47.27 points (0.58%) higher at 8,251.40, and the S&P 500 climbed 20.44 points (0.68%) to 3,005.47. The Russell 2000 was up 10.18 points (0.66%) at 1,554.96, and the Wilshire 5000 gained 200.90 points (0.65%) to 30,888.60. The price of the 10-year Treasury note decreased 3/32, bringing its yield up to 2.077%. The price of the 30-year Treasury bond was down 31/32, increasing its yield to 2.618%.

Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise ©2023 Asset International, Inc. All rights reserved. 702 King Farm Boulevard, Suite 400, Rockville, MD 20850