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Weekday news and analysis for retirement plan advisers
Thursday, April 13, 2023
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Deals & People
Adviser M&A Deals Bounce Back in Volume, Worth in Q1
Echelon’s quarterly M&A report found private equity financing helped push Q1 2023 numbers above Q4 2022 results.
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Adviser Product Partnerships
RetireOne and Pension & Wealth Management Advisors launch income insurance program; Sanctuary Wealth partners with Pontera to expand adviser toolbox; and more.
Today’s Most Read
1. Franklin Templeton to Acquire Putnam for $925 Million
2. Congress Says It Will Fix at Least 4 Errors in SECURE 2.0
3. SS&C Adds Allianz Retirement Income Annuity to DC Plan Platform
New Plans Will Need Engaged Advisers for Success in SECURE 2.0 Era
SECURE 2.0 brings opportunity, but also implementation, tracking and administrative questions, according to experts speaking on a PLANADVISER webinar. 
SEC Makes Important Investment Company Act Exemption
Allowing one tech company to avoid registering as investment company could be the first step toward a permanent rule.
Join Us for the 2023 PLANADVISER National Conference
Join us September 10 – 13 to engage directly with skilled experts and leading advisers to help you differentiate your practice and add value for your clients. PANC 2023 is the place to connect with retirement plan advisory industry leaders. 
Market Mirror Market Mirror Graph

Wednesday, the Dow decreased 38.29 points (0.11%) to close at 33,646.50, the Nasdaq decreased 102.54 points (0.85%) to close at 11,929.33 and the S&P 500 decreased 16.99 points (0.41%) to close at 4,091.95. The Russell 2000 decreased 12.90 points (0.72%) to close at 1,773.70 and the Wilshire 5000 decreased 192.20 points (0.48%) to close at 40,445.83.

The price of the 10-year Treasury note increased 2/32, bringing the yield to 3.407%. The price of the 30-year Treasury bond decreased 23/32, bringing the yield to 3.633%.

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