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 | The Retirement Crisis Is Really a Coverage CrisisFor those workers who are offered a retirement savings plan at work, the U.S. retirement system functions pretty well; solutions are needed, however, to extend coverage to millions more Americans. Read more > |
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| Pension Deductions Creates Online DB Calculator | |
| The company believes the new tool will reduce wait time for advisers, who will usually contact actuaries to estimate defined benefit (DB) plan contribution requests when clients explore the possibility of setting up a plan for their business. Read more > | |
| Investment Product and Service Launches | |
| Stadion’s managed account service offered on TRG platform; Apex builds ESG rating service and adds global development head; Northern Trust Forms Options Trading Desk in Chicago; and more. Read more > | |
| Market Mirror | |
| Thursday, the Dow was down 128.99 points (0.47%) at 27,140.98, the NASDAQ lost 82.96 points (1.00%) to finish at 8,238.54, and the S&P 500 decreased 15.89 points (0.53%) to 3,003.67. The Russell 2000 fell 18.97 points (1.20%) to 1,561.45, and the Wilshire 5000 closed 190.72 points (0.61%) lower at 30,895.42. The price of the 10-year Treasury note was down 3/32, increasing its yield to 2.079%. The price of the 30-year Treasury bond decreased 28/32, bringing its yield up to 2.610%. | |
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