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Weekday news and analysis for retirement plan advisers
Wednesday, August 18, 2021
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We Nailed That RFP Response! (Didn’t We?)
Wouldn’t you love to be a fly on the wall at the plan sponsor defined contribution committee meeting where members discuss request for proposals responses?
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Juniper Networks Is Latest ERISA Lawsuit Target
The claims included in the complaint, which in some respects directly contradict arguments made by other plaintiffs in related fiduciary breach cases, underscore just how many potential avenues for scrutiny plan sponsors face.
Today’s Most Read
1. IRS Extends Relief on Inherited IRA 10-Year Rule Enforcement
2. Rebutting 7 Retirement Income Concerns
3. Two-thirds of ‘Peak Age’ Boomers Face Retirement Risk
Xerox Hit With ERISA Suit Alleging Excessive Fees
The complaint claims participants overpaid millions of dollars to Xerox’s recordkeeper from 2015 through 2021.
UPCOMING VIRTUAL EVENT
Explore the Agenda: 2021 PLANADVISER National Conference

Making sense of industry consolidation; addressing the evolving needs of plan sponsors/participants; preparing the next generation of diverse industry leaders; tracking the latest litigation and legislation. We encourage you to explore the full agenda and to sign up for this exclusive, timely and potentially provocative event. 

Virtual Event 

Sept. 27 to 30

Colonial Surety Launches Fiduciary, Cyber Liability Protection Package
The protection provides coverage for the costs of legal services, computer forensic services, public relations and crisis management expenses, and more.
Market Mirror Market Mirror Graph

Tuesday, the Dow lost 282.12 points (0.79%) to finish at 35,343.28, the Nasdaq closed 137.58 points (0.93%) lower at 14,656.18, and the S&P 500 decreased 31.63 points (0.71%) to 4,448.08. The Russell 2000 lost 26.24 points (1.19%) to finish at 2,177.17, and the Wilshire 5000 fell 360.03 points (0.78%) to 45,999.99.

The price of the 10-year Treasury note was up 1/32, decreasing its yield to 1.262%. The price of the 30-year Treasury bond increased 2/32, bringing its yield down to 1.925%.

Industry Intel Roundup Featured White Paper
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers 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 white papers.
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