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Weekday news and analysis for retirement plan advisers
Thursday, August 19, 2021
Exclusives | Awards | Research | Events
Antitrust Issues Scuttled Aon-WTW Combo. What Comes Next?
Regulators cited the elimination of competition in filing a civil lawsuit to halt the union of Aon and Willis Towers Watson. As significant consolidation occurs across the financial services industry, some wonder whether similar issues could arise again.
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2nd Circuit Sends Elements of NYU ERISA Suit Back to District Court
The appellate court agreed with the plaintiffs that the lower court erred in dismissing share class-related claims and in denying them leave to amend the suit to add more defendants.
Today’s Most Read
1. Nuveen CEO Minaya Steps Down, President Huffman Takes Role
2. Why Aren’t Participants Using Financial Wellness Programs?
3. AT&T Files Motion to Dismiss Lawsuits Related to Athene Deal
Schwab Retirement Plan Services Unveils Custom Financial Planning Tool
Participants receive personalized checklists and can check on their guide periodically to track progress against goals and update their information.
Sponsored by Invesco
Demystifying the Language of Retirement
Find out what terms and explanations click with DC plan participants.
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?
Advocates Applaud New Elder Justice Bill
The Elder Justice Reauthorization and Modernization Act of 2021 dedicates funding to programs to address vulnerable seniors’ needs, and its advocates say the financial services industry has a critical role to play in protecting the public.
Market Mirror Market Mirror Graph

Wednesday, the Dow lost 382.59 points (1.08%) to finish at 34,960.69, the Nasdaq closed 130.27 points (0.89%) lower at 14,525.91, and the S&P 500 decreased 47.81 points (1.07%) to 4,400.27. The Russell 2000 was down 18.39 points (0.84%) at 2,158.78, and the Wilshire 5000 fell 443.44 points (0.96%) to 45,556.54.

The price of the 10-year Treasury note was unchanged, with its yield down to 1.262%. The price of the 30-year Treasury bond increased 28/32, bringing its yield down to 1.902%.

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