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Weekday news and analysis for retirement plan advisers
Tuesday, December 14, 2021
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The Role of Advisers Is Expanding
In light of the pandemic, at least 22 million Americans spoke with a financial adviser for the first time as many looked to make plans for retirement and end-of-life preferences.
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Retirement Plan Participant Claims Harm From Transamerica Data Breach
In a lawsuit, he alleges the retirement plan service provider did not take steps to protect the personal information of participants in plans it serves.
Today’s Most Read
1. Ascensus to Acquire Vanguard’s Individual 401(k) Business
2. Victory to Acquire Amundi’s $104B U.S. Division
3. Rebutting 7 Retirement Income Concerns
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Senators and Investment Group Push Back on DOL ESG Proposal
They say the latest proposed regulations ‘dismantle important actions’ taken by the previous administration and politicize retirement savings.
Will the Supreme Court Give Plan Sponsors Any Relief From Excessive Fee Lawsuits?
They haven’t gotten any solutions so far from lower courts, but a high court ruling could affect the number of lawsuits and types of pleadings going forward.
Market Mirror Market Mirror Graph

Yesterday, the Dow was down 320.04 points (0.89%) at 35,650.95, the Nasdaq lost 217.32 points (1.39%) to finish at 15,413.28, and the S&P 500 decreased 43.05 points (0.91%) to 4,668.97. The Russell 2000 fell 31.31 points (1.42%) to 2,180.50, and the Wilshire 5000 closed 474.08 points (0.99%) lower at 47,487.98.

The price of the 10-year Treasury note increased 28/32, bringing its yield down to 1.416%. The price of the 30-year Treasury bond climbed 1 30/32, decreasing its yield to 1.803%.

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