Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
December 12th, 2017

Onboarding Clients

Newport Capital Group in Red Bank, New Jersey, winner of the 2016 PLANSPONSOR Plan Adviser Large Team of the Year designation, offers up tips and strategies for getting to know new plan sponsor clients. The advisory firm believes it is important to “thoroughly understand each plan sponsor’s goals for its company.” Immediately upon starting with a new client, the practice sits down with and asks its executives what issues are the most pressing—both for the company and for individual employees. Read more >
Pass-Through Tax Reform Impact on Small Businesses May Be Mitigated via Roth
The American Retirement Association says that tax reform could be a disincentive for small businesses to offer retirement plans; however, as one reader shares, there are counter considerations having to do with Roth 401(k) options that could mitigate some of the concern. Read more >
Top Adviser Teams Practice True Collaboration
New research from the Investments & Wealth Institute, published in collaboration with Janus Henderson Investors, suggests advisers like to use the terminology of teamwork—but they have less success at forming truly integrated advisory teams. Read more >
Seventy Percent of Institutional Investors Use Alternative Asset Classes
Institutional investors are increasingly turning to alternative assets to diversify as they navigate an environment characterized by low yields, geopolitical concerns and a growing set of investment risks, according to Allianz Global Investors. Read more >
Boosted by Retirement Contributions, CIT Assets Approach $3 Trillion
Nearly 95% of plan sponsors value the cost savings compared to mutual funds as one of the most important attributes of CITs. Similarly, roughly 90% of consultants feel that the cost savings compared to mutual funds is a very important attribute of CITs. Read more >
Wait, SECURE 2.0 Might Not Pass?
Asset Managers Scramble to Offer In-Demand Investment Vehicles
401(k) Robo-Adviser Blooom Shuts Services, Sells Tech to Morgan Stanley
Fitch: SEC “Crack Down” on ESG Greenwashing to Continue
A Reminder to Avoid Fraudulent Hardship Withdrawals
Nearly Half of Americans Say Their Financial Situation Improved in 2017
“Financial resolutions are on the decline because many people are feeling better about their personal financial situation and are generally optimistic about what 2018 will bring,” says Ken Hevert, senior vice president of retirement at Fidelity. “If you don’t feel a burning need to create a financial resolution, you can still resolve to identify financial areas needing improvement and make some smart financial moves before December 31.” Read more >
LDI Moves to the Fore for DB Plans
Cerulli Associates’ research shows the advent of more liability-driven investing (LDI) programs is “coincident with the broader movement toward more customized, objective-based multi-asset investment strategies for institutional investors instead of the traditional strategies that were de facto one-size-fits-all solutions.” Read more >
Fi360 Releases Fee Benchmarker Update
The benchmarking tool is now fully integrated with Fi360’s Fiduciary Focus Toolkit, which automates workflow and oversight to ensure fiduciary best practices. Read more >
Market Mirror
Yesterday, the Dow closed 56.87 points (0.23%) higher at 24,386.03, the NASDAQ increasesd 35.00 points (0.51%) to 6,875.08, and the S&P 500 increased 8.49 points (0.32%) to 2,659.99. The Russell 2000 decreased by 1.88 points (0.12%) to 1,519.84, and the Wilshire 5000 gained 77.63 points (0.28%) to finish at 27,594.30.   The price of the 10-year Treasury note was down 3/32, increasing its yield to 2.386%. The price of the 30-year Treasury bond decreased 6/32, bringing its yield up to 2.777%.
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