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Weekday news and analysis for retirement plan advisers
Friday, August 20, 2021
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COMPLIANCE
Complex Ruling Issued in Valeant Pharma-Linked ERISA Suit
The plaintiffs are employees and retirement plan participants at DST Systems who argue the defendants pursued ‘an exceptionally imprudent investment strategy’ with respect to a significant portion of their retirement assets.
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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.
Today’s Most Read
1. Most Claims Move Forward in Suit Over Aon CITs in 401(k) Plan
2. Northern Trust Accused of Fiduciary Breaches Related to AutoZone 401(k)
3. New Bill Aims to Solve for the Retirement Plan Coverage Gap
PEPs’ Predicted Growth
Advisers ‘on the fence’ may have several reasons to change their minds.
2021 PLANADVISER National Conference
Facing Challenges, Seizing Opportunities

Join us for a four-day live learning event crafted specifically for retirement plan advisers and designed to meet the moment. Attendees can earn continuing education (CE) credits* while engaging with leading experts in the retirement plan industry.

Virtual Event 

Sept. 27 – 30

Scrutinizing TDFs and Considering Balanced Funds
Both options hold more than a trillion dollars in assets; weighing their relative merits remains an important task for advisers and their clients.
Market Mirror Market Mirror Graph

Thursday, the Dow decreased 66.57 points (0.19%) to 34,894.12, the Nasdaq was up 15.87 points (0.11%) at 14,541.79, and the S&P 500 increased 5.53 points (0.13%) to 4,405.80. The Russell 2000 closed 26.36 points (1.22%) lower at 2,132.42, and the Wilshire 5000 was down 58.20 points (0.13%) at 45,498.29.

The price of the 10-year Treasury note increased 23/32, bringing its yield down to 1.250%. The price of the 30-year Treasury bond was up 5/32, decreasing its yield to 1.876%.

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