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Weekday news and analysis for retirement plan advisers
Wednesday, April 12, 2023
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In-Plan Annuity Offerings Gain Steam With Recordkeepers
PA-041023-Retirement Income and Recordkeepers-1187308621-web
Recordkeeper incorporation of in-plan retirement income annuities is poised to progress in ’23, according to industry players.
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Most U.S. Workers Expect to Fall Short of $1.1 Million Retirement Savings Goal
64% of Millennials and 62% of workers aged 45 and older said their workplace retirement plan will not reach the level they hope for.
Today’s Most Read
1. It’s Time We Stopped Evaluating Managed Accounts from 2006
2. Hub Launches Retirement Select PEP
3. The Expansive Reach of the DOL’s Proposed Fiduciary Rule
OneDigital Acquires Huntington Bank’s $5.6B Retirement Advisory Business
The retirement and investing aggregator will bring on Huntington’s 1,300 employees focused on workplace savings plans.
Nuveen Muni Head Steps Down on Heels of Legal Settlement
The firm said 30-year veteran John Miller will be replaced by current taxable muni lead Daniel Close.
Watch: New Plan Creation Under SECURE 2.0 - Now on demand!
Missed this webinar? Listen now on demand to PLANADVISER and a panel of industry experts as we discuss SECURE 2.0 provisions related to the creation of new retirement plans; why existing plan sponsors should care about the rules for newly created plans; and how SECURE 2.0 can assist advisers and employers in closing the retirement plan coverage gap.
Market Mirror Market Mirror Graph

Tuesday, the Dow gained 98.27 points (0.29%) to close at 33,684.79, the Nasdaq fell 52.48 points (0.43%) to close at 12,031.88 and the S&P 500 fell 0.17 points (unchanged) to close at 4,108.94. The Russell 2000 increased 14.15 points (0.80%) to close at 1,786.59 and the Wilshire 5000 increased 44.10 points (0.11%) to close at 40,640.06.

The price of the 10-year Treasury note fell 1/32, bringing the yield to 3.431%. The price of the 30-year Treasury bond rose 1/32, bringing the yield to 3.627%.

Industry Intel Roundup
Featured Thought Leadership
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring thought leadership sponsored by or featuring experts in the industry. The content was created to supply actionable insights to retirement plan advisers regarding client service and practice management.
Keep up to date with PLANADVISER’s Industry Intelligence
Stay ahead of industry news and trends by checking this page regularly for the latest sponsored thought leadership.
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