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Weekday news and analysis for retirement plan advisers
Thursday, April 22, 2021
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IAA Endorses Adviser Diversity and Inclusion Data Act
The full title of House Resolution 2123 is the Diversity and Inclusion Data Accountability and Transparency Act; among other goals, it seeks to require regulated financial firms with more than 100 employees to disclose diversity data.
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Senators Expand Retirement Benefits for Military Spouses in New Bill
The proposed legislation comes months after a Department of Defense report found that a quarter of military spouses are unemployed. 
Today’s Most Read
1. DOL Files to Pause Appeal of Fiduciary Rule
2. Income Target-Funds Reach $22B in Assets in 2024
3. Answering Questions About SECURE 2.0 Catch-Up Provisions
Senators Collins, Warner Introduce Bill to Boost Retirement Savings Plans
It is aimed at making it easier for small businesses to offer SIMPLE plans.
15th Anniversary of RPAY: Francis Investment Counsel
The practice remains as dedicated to providing top-notch retirement plan services as when it won the 2018 PLANSPONSOR Large Team Retirement Plan Adviser of the Year award.
How to Choose a PEP
As pooled employer plans go live, advisers assume a new guiding role.
Market Mirror Market Mirror Graph

Wednesday, the Dow gained 316.01 points (0.93%) to finish at 34,137.31, the Nasdaq closed 163.95 points (1.19%) higher at 13,950.22, and the S&P 500 was up 38.48 points (0.93%) at 4,173.42. The Russell 2000 increased 51.42 points (2.35%) to 2,239.63, and the Wilshire 5000 climbed 465.35 points (1.08%) to 43,673.61.

The prices of the 10-year Treasury note and 30-year Treasury bond were virtually unchanged, with their yields down to 1.560% and 2.255%, respectively.

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