| Six Ways to Up the Ante on DC Plans | | If the plan is not already automatically enrolling participants and escalating their deferrals each year, AB says, it should be.
Read more > | | | Pooling Investors’ Assets | | Pooling investor assets results in a number of efficiencies including significant cost savings. That said, advisers should be aware of certain considerations that arise depending on the types of investors that participate in pooled investment funds. Specifically, certain requirements under the Employee Retirement Income Security Act and the Internal Revenue Code must be met when accepting benefit plan investors, such as ERISA-covered plans and individual retirement accounts.
Read more > | | | Market Mirror | | Monday, the Dow climbed 72.09 points (0.31%) to 23,430.33, the NASDAQ increased 7.92 points (0.12%) to 6,790.71, and the S&P 500 was up 3.29 points (0.13%) at 2,582.14. The Russell 2000 closed 10.57 points (0.71%) higher at 1,503.40, and the Wilshire 5000 gained 72.04 points (0.27%) to finish at 26,862.42.
The price of the 10-year Treasury note decreased 6/32, bringing its yield up to 2.365%. The price of the 30-year Treasury bond was down 1/32, increasing its yield to 2.780%.
| |
|
