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Weekday news and analysis for retirement plan advisers
Monday, December 11, 2023
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Nonqualified Compensation Accounts Back Online After Infosys Breach
PAPS-120823-Infosys-Hit-Accounts-Back-Online-1340157909-web
Plan and insurance accounts that had been shut down are available again, according to client accounts.
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DOL, IRS Announce Spring Regulatory Agendas
The agendas contain important updates on fiduciary corrections and ESOP valuation.
Today’s Most Read
1. Nearly Half of Retirees Have No Formal Decumulation Strategy
2. 1 Year in, Portability Services Network Covers 15,000 Retirement Plans
3. 401(k)s and the Courts in 2025
Top Performing Advisories More Focused on Inclusion
According to Schwab, financial advisories with good track records are showing more commitment to a diverse workforce.
Retirement Industry People Moves - 12/8/23
Ascensus names Mehlman new CFO; Crain exits Bank of America; NEPC elects principals and partners; and more.
Adviser Voices: How to Structure a Retirement Plan Advisory
Industry experts explain how they structure their practice to produce the best results. 
Market Mirror Market Mirror Graph

Friday, the Dow rose 130.49 points (0.36%) to close at 36,247.87, the Nasdaq rose 63.98 points (0.45%) to close at 14,403.97 and the S&P 500 rose 18.78 points (0.41%) to close at 4,604.37. The Russell 2000 gained 12.57 points (0.67%) to close at 1,880.82, and the FT Wilshire 5000 Index gained 207.79 points (0.45%) to close at 46,421.70.

The 10-year Treasury note decreased 6/32, bringing the yield to 4.230%. The 30-year Treasury bond decreased 30/32, bringing the yield to 4.304%.

For the week ending December 8, the Dow rose 0.01%, the Nasdaq rose 0.69% and the S&P 500 rose 0.21%. The Russell 2000 gained 0.98%, and the FT Wilshire 5000 Index finished 0.27% higher.

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