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The Great Wealth Transfer |
Generations of Possibilities
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Retirement Industry People Moves |
Ascensus to acquire employee benefits consulting firm; Multiple hires and promotions at Mutual of Omaha Retirement Services; and Unified Trust Company adds retirement consultant.
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How Large Asset Managers Are Acting on ESG Issues |
Morningstar examines 2019 proxy voting data in the emerging age of ESG.
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Ways to Make Default E-Delivery Even More Effective |
Recordkeepers and other service providers have submitted generally positive comment letters to the Department of Labor regarding its proposed e-delivery default rule, but they also have some specific suggestions for improving the proposal.
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New SEC Advertising Regulations Warrant Caution |
The new principles-based approach to advertising regulations may allow advisers to better tell their stories to prospective clients, but it still requires careful recordkeeping and accurate statements.
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Market Mirror |
Friday, the Dow lost 112.59 points (0.40%) to finish at 28,051.41, the NASDAQ closed 39.70 points (0.46%) lower at 8,665.47, and the S&P 500 decreased 12.65 points (0.40%) to 3,140.98. The Russell 2000 was down 9.60 points (0.59%) at 1,624.50, and the Wilshire 5000 fell 141.38 points (0.44%) to 32,025.86.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.782%. The price of the 30-year Treasury bond decreased 24/32, bringing its yield up to 2.202%.
WEEK’S WORTH: For the week ended November 27, the Dow was up 0.63%, the S&P 500 was up 0.99%, and the NASDAQ was up 1.71%. The Russell 2000 gained 2.24% and the Wilshire 5000 increased by 1.09%.
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