Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
August 23rd, 2019
SEC Shakes Up the Proxy Voting Landscape
The Investment Adviser Association says the SEC’s proxy voting guidance will increase costs for advisers and also increase barriers to entry for proxy advisory firms. Read more >
Transamerica Fails to Get Self-Dealing Suit Dismissed
Among other things, a federal judge found Transamerica Asset Management’s substitution of its sub-advisers is not a concrete, obvious explanation for the poor performance of the challenged funds. Read more >
DOL Sends Electronic Disclosure Rule to OMB
The proposed rule, which the OMB has up to 60 days to review is aimed at reducing costs and improving participant understanding of retirement plan disclosures. Read more >
Education Among Advisers About CITs Is Needed: Cerulli
While they have grown at a compound annual growth rate of 7.25% a year in the past five years, if advisers were better educated about them and if the transparency issue could be addressed, that growth could rise significantly, according to the research firm. Read more >
MOST READ ARTICLES
1
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
2
Gen X Facing the Stark Reality of Retirement
3
IRS Announces Contribution and Benefit Limits for 2021
4
A New World and New Opportunities for Alpha
5
Part Art, Part Science: Managed Account Due Diligence
Ladenburg Launches Turnkey 401(k) Solution for Smaller Businesses
It is a fully bundled 401(k) plan offering that incorporates a broad selection of investment products, as well as 3(38) fiduciary oversight Read more >
Investment Product and Service Launches
Ascensus partners with NextCapital for investment and fiduciary solutions, and Axioma releases Canadian risk model to suite of funds. Read more >
Market Mirror
Thursday, the Dow closed 49.51 points (0.19%) higher at 26,252.24, the NASDAQ closed 28.82 points (0.36%) lower at 7,991.39, and the S&P 500 slipped 1.48 points (0.05%) to 2,922.95. The Russell 2000 decreased 3.85 points (0.25%) to 1,506.00, and the Wilshire 5000 was down 24.19 points (0.08%) at 29,936.82.   The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.613%. The price of the 30-year Treasury bond decreased 6/32, bringing its yield up to 2.106%.
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2020 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850