Sponsored message from John Hancock |
State of the participant 2020: readiness within reach |
Reflections on retirement readiness and ideas for improvement
Read more > |
|
Investors Fled to Stable Value, Money Markets in March |
Stable value funds took in 64% of the inflows and money market funds, 24%, according to the Alight Solutions 401(k) Index.
Read more > |
|
Court Backs Union in InterContinental Pension Withdrawal Liability Suit |
A federal district court in New York has refused to dismiss a lawsuit claiming the InterContinental Hotels Group owes accelerated withdrawal payments to a national union pension plan.
Read more > |
|
Tracking Providers' COVID-19 Responses |
From waiving fees to offering additional financial help, retirement plan recordkeepers, third-party administrators (TPAs) and advisers, as well as financial wellness providers are stepping up to assist plan sponsors and employees in a number of ways during the novel coronavirus pandemic.
Read more > |
|
Market Mirror |
Wednesday, the Dow increased 456.94 points (1.99%) to 23,475.82, the NASDAQ climbed 232.15 points (2.81%) to 8,495.38, and the S&P 500 gained 62.75 points (2.29%) to finish at 2,799.31. The Russell 2000 was down 11.82 points (0.97%) at 1,201.52, and the Wilshire 5000 closed 626.12 points (2.28%) higher at 28,059.81.
The price of the 10-year Treasury note was down 5/32, increasing its yield to 0.614%. The price of the 30-year Treasury bond decreased 1 26/32, bringing its yield up to 1.214%.
|
|