Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
October 30th, 2018

An Invitation for Advisers in Boston, Chicago, Houston, New York and San Francisco

If you have plan sponsor clients located near these great cities, please encourage them to join PLANSPONSOR for a free half-day event in November focused on retirement plan trends and best practices. The Best of PSNC 2018 series kicks off at the University Club of Chicago (Nov. 13) before moving on to the Harvard Club of New York City (Nov. 14) and the Boston Marriott Newton (Nov. 15). Two weeks later, we are in San Francisco at the JW Marriott, Union Square (Nov. 27), and in Houston at the Four Seasons (Nov. 28). Advisers are encouraged to join their clients at the event; there’s no better way to stay up to date on the latest challenges your clients face. Read more >
Are you investing like it’s 2009?
If you’re not taking factors into consideration, your plans may be positioned for yesterday’s market cycle—not tomorrow’s. Invesco Global Solutions Team has found that many DC plans are positioned for bull markets and low volatility, and are exposed to the risk of higher volatility and early cycle downturns. Read more >
DOL Investigations Intensify
I provide investment advisory services to Employee Retirement Income Security Act plans. If the DOL Department of Labor were to conduct an investigation of my services to retirement plans, what would it be focused on, and what factors would increase my risk of liability? Read more >
DOL Provides Relief for Plans Impacted By Recent Hurricanes
The Department of Labor has published employee benefit plan compliance guidance and relief for victims of Hurricanes Florence and Michael, recognizing that plan fiduciaries and employers may encounter unavoidable issues with ERISA compliance. Read more >
Advice Gaps Financial Firms Can Address
“Choosing appropriate investments” is a top pain point for all individuals no matter their place in the retirement planning spectrum, Hearts & Wallets found. Read more >
MOST READ ARTICLES
1
Half of Households Likely to Face a Retirement Shortfall
2
Proposed Hardship Withdrawal Amended Regulations Issued by IRS
3
Wells Fargo’s Annual Retirement Study Portrays an Industry in Transition
4
Average Age Americans Plan to Retire Is 62
5
High-Net-Worth Individuals Would Like to Use RMDs to Offset Taxes
Sponsored message from MetLife
Stable value gives employees a stronger capital preservation option
90% of advisors very often recommend stable value 83% of plan sponsors find stable value more attractive than money market. Watch the videos for more insights in the 2017 MetLife Stable Value Study. Read more >
Individuals Have Concerns About a Lengthy Retirement
A survey of more than 500 Americans age 55 and older finds the top concern about a lengthy retirement is health care costs and the most significant investment and retirement issue is a desire to maximize retirement income. Read more >
Valuable Partnerships
The Catanella Institutional Consulting Group in Philadelphia, a member­ of UBS Institutional Consulting, used to employ traditional prospecting methods to find new clients, says Ken Catanella, senior retirement plan consultant. Catanella tried those methods but found “the quickest way to become successful in this business, hands down,” was partnering Read more >
Market Mirror
Yesterday, the Dow fell 245.39 points (0.99%) to 24,442.92, the NASDAQ closed 116.92 points (1.63%) lower at 7,050.29, and the S&P 500 decreased 17.44 points (0.66%) to 2,641.25. The Russell 2000 was down 6.51 points (0.44%) at 1,477.31, and the Wilshire 5000 lost 199.07 points (0.73%) to finish at 27,228.07. The price of the 10-year Treasury note was down 3/32, increasing its yield to 3.088%. The price of the 30-year Treasury bond decreased 14/32, bringing its yield up to 3.337%.

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

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

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