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Wednesday, August 30, 2023
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Advisers: Roth Catch-Up Extension Welcome, Clarity Still Needed
PA-082923-Advisers-React-to-Roth-Catch-Up-1400598220-web
Retirement plan advisers were happy to tell plan sponsors about the two-year Roth catch-up extension. But the hard work isn’t over.
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Fidelity Finds 22% of Plan Sponsors Actively Searching for New Adviser
Among those looking, 38% they were seeking an adviser offering more extensive services.
Today’s Most Read
1. Infosys Breach From 2023 Exposed Personal Data of 6 Million People
2. Voya to Acquire OneAmerica’s Retirement Plan Business
3. How Recordkeepers Can Stay Competitive
Smart Widens Fiduciary Services, Including for Pooled Employer Plans
Smart is joining the push into PEPs with an offering geared toward advisory firms and providers such as recordkeepers, asset managers and TPAs.
Wells Fargo Agrees to Pay $35 Million for Overcharging Advisory Accounts
The registered investment adviser overbilled clients with custom rates by maintaining inadequate procedures, the SEC said.
What Do You Want to Know About the Psychology of Financial Planning?
During a session on September 11 at the PLANADVISER National Conference, Dr. Sonya Britt-Lutter will participate in a fireside chat about the psychology of financial planning. Britt-Lutter is an Associate Professor of Personal Financial Planning at Kansas State University and is a co-contributor to the book, “The Psychology of Financial Planning,” published by the CFP Board. This session will give you insights on helping individuals reach their financial goals. If you have questions about the psychology of financial planning, please let us know.  
Market Mirror Market Mirror Graph

Tuesday, the Dow rose 292.69 points (0.85%) to close at 34,852.67, the Nasdaq rose 238.63 points (1.74%) to close at 13,943.76 and the S&P 500 rose 64.32 points (1.45%) to close at 4,497.63. The Russell 2000 gained 26.53 points (1.42%) to close at 1,895.54 and the FT Wilshire 5000 Index gained 633.22 points (1.42%) to close at 45,311.30.

The 10-year Treasury note increased 29/32, bringing the yield to 4.118%. The 30-year Treasury bond increased 31/32, bringing the yield to 4.228%.

Industry Intel Roundup Featured Webinars
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webinars sponsored by or featuring experts in the industry. The content was created to supply actionable insights to retirement plan advisers regarding client service and practice management.
September 24, 2024
DCIO and Investment Menu Survey
They say the devil is in the details. That’s particularly true when it comes to the investment menu and its results to participants for years—sometimes decades—of their lives. This PLANADVISER webinar will consider 2024 trends in DCIO offerings and best practices for the modern-day plan adviser.
December 18, 2024
Year in Review
Join PLANADVISER to hear from some of the top advisers of 2024 about the year that was. What did these advisers do that worked well? What projects fell on their face? What learnings will they take into the year ahead? Join us with your questions—and anecdotes—from a year in plan advising.
March 21, 2024
SECURE 2.0 Now
SECURE 2.0 is a little more than 1 year old, but many of its mandates and provisions just started this year. This PLANADVISER webinar will cover how SECURE 2.0 provisions are progressing in 2024 and any hiccups or concerns being seen by plan advisers and their clients.
February 8, 2024
Retirement and Wealth Convergence
T. Rowe Price found that, in just a few years, all large retirement plan advisers have added wealth management divisions. But what are the strategic goals of the retirement and wealth convergence? Are there measurable results? Should the industry be concerned about conflicts of interest? Hear from industry experts in this PLANADVISER webinar.
November 16, 2023
2023 PA Practice Progress Webinar Series: Participants
What do participants want from retirement plan advisers? How can advisers best meet their needs? As retirement plan advisers work more closely with participants and perhaps add wealth management to their practices, what do they need to keep in mind to fulfill their fiduciary duties? These questions and more will be answered in the final webinar in PLANADVISER’s Practice Progress series for 2023.
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