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Weekday news and analysis for retirement plan advisers
Thursday, August 25, 2022
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UPCOMING EVENT
Ready for the PANC Fun Run?
The 2022 PLANADVISER National Conference agenda is packed with informative and timely sessions on the most pressing issues impacting retirement plan advisers and their clients. But there is also plenty of time for fun, including at the Welcome Part and at the PANC Fun Run.
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Advice Demand Buoys Optimism About Managed Account Growth
Survey data from Edelman Financial Engines suggest that, among those who spoke with a financial professional during a significant life event, virtually all of them found the interaction to be ‘highly valuable.’
Today’s Most Read
1. Retirement Industry People Moves
2. Maryland’s State-Run Retirement Program Officially Launches
3. Judge Rules in Favor of Goldman Sachs in ERISA Suit
Previewing Plan Features
A tryout for the client removes any mystery before implementation.
Annuity Sales Break Record for Second Quarter
Fixed-rate deferred annuity and registered index-linked annuity sales reach an all-time high in the second quarter, according to LIMRA.
Mission Wealth and CFP Board Launch Scholarship Program
The scholarship will provide financial assistance to individuals from underrepresented populations who are pursuing CFP certification.
Asset Flows Affect Plan Decisions
Clients can adjust for the economy to protect participant savings.
Market Mirror Market Mirror Graph

Wednesday, the Dow inched up 59.64 points (0.18%) to close at 32,969.23, the Nasdaq increased 50.23 points (0.41%) to 12,431.53 and the S&P 500 was up 12.04 points (0.29%) to 4,140.77. The Russell 2000 extended 16.14 points (0.84%) to close at 1,935.29 and the Wilshire 5000 increased 171.30 points (0.42%) to 41,395.70.

The price of the 10-year Treasury note decreased 27/32 bringing the yield up to 3.112%. The price of the 30-year Treasury bond decreased 1 23/32 bringing the yield up to 3.317%.

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