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Weekday news and analysis for retirement plan advisers
Friday, August 04, 2023
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Deals & People
The PLANADVISER Interview: Vince Morris, President of Retirement and Wealth, OneDigital
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The OneDigitial retirement plan leader says the aggregator’s company-wide focus on the employee guides its strategic growth.
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Experts Forecast More Retirement Plan Options for Gig Workers
The majority of a Transamerica-sponsored panel sees better retirement plan offers and even matching for gig workers by 2026.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. Charles Schwab CEO Walt Bettinger to Retire
3. DC Plan Experts See Slow, Steady Progress in Plan Personalization
Plaintiff Drops Fidelity, Financial Engines from American Airlines ESG Lawsuit
The plaintiff voluntarily dismissed the two of four defendants from the lawsuit that claims ESG factors were considered ahead of returns.
Investment Product and Service Launches
Alight enhances work benefits platform; Midland updates fixed indexed annuities geared toward retirement income; Allianz launches buffered ETFs to guard against investment risk.
PBGC Reports Program Solvency and Surplus
Industry experts seek scaling back of premiums as the pension insurance agency expects to remain solvent long into the future.
Market Mirror Market Mirror Graph

Wednesday, the Dow fell 66.63 points (0.19%) to close at 35,215.89, the Nasdaq fell 13.73 points (0.10%) to close at 13,959.72 and the S&P 500 fell 11.50 points (0.25%) to close at 4,501.89. The Russell 2000 fell 5.43 points (0.28%) to close at 1,961.40 and the FT Wilshire 5000 Index fell 116.34 points (0.25%) to close at 45,538.37.

The price of the 10-year Treasury note fell 29/32, bringing the yield to 4.183%. The price of the 30-year Treasury bond fell 1 31/32, bringing the yield to 4.303%.

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