August 26th, 2019

Considering Auto Portability Rather Than Small Plan Cashouts Considering automatically rolling balances from one plan to another for participants who terminate employment with small balances plan sponsors are allowed to cashout, EBRI found additional accumulations over 40 years would be $1.5 trillion Read more > Fiduciary Benchmarks Launches Business Management Dashboard It is an open architecture platform where advisers can bring together all of their data and tools to manage client and prospect workflows. Read more > Retirement Industry People Moves BPAS names employees to sales roles; Texan Wealth Management firm joins CAPTRUST; Voya Retirement announces regional VP hires; and more. Read more > Ready to Focus on Income? Just under 10% of employers offer an in-plan annuity Read more > MOST READ ARTICLES 1 2023 Retirement Plan Adviser of the Year Finalists 2 Principal Continues Focus on Asset Management, ‘Jet Fuel’ of the Business 3 With SECURE 2.0, the Cash Balance DB Plan May Be Back 4 Biden’s First Veto Keeps DOL’s ESG Rule in Place 5 Complying With the Custody Rule and the New Custody Proposal

The Word About Newsletters They are a great way to stay in touch with participants, particularly for advisers to large plans Read more > TDFs Help Boost Balances The key is their diversification and participants’ tendency to remain invested Read more > Market Mirror Friday, the Dow lost 623.34 points (2.37%) to finish at 25,628.90, the NASDAQ closed 239.62 points (3.00%) lower at 7,751.77, and the S&P 500 decreased 75.84 points (2.59%) to 2,847.11. The Russell 2000 was down 46.52 points (3.09%) at 1,459.48, and the Wilshire 5000 fell 782.58 points (2.61%) to 29,154.25.   The price of the 10-year Treasury note increased 8/32, bringing its yield down to 1.531%. The price of the 30-year Treasury bond climbed 1 31/32, decreasing its yield to 2.022%.   WEEK’S WORTH: For the week ending August 23, the Dow was down 0.99%, the NASDAQ lost 1.83%, and the S&P 500 decreased 1.44%. The Russell 2000 fell 2.29%, and the Wilshire 5000 finished 1.50% lower.

Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise ©2023 Asset International, Inc. All rights reserved. 702 King Farm Boulevard, Suite 400, Rockville, MD 20850