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Weekday news and analysis for retirement plan advisers
Wednesday, December 14, 2022
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Fintech SMB Plan Providers Saw Growth in '22 On Low-Fees, State Mandates
PA-121322-Wealth Management & Retirement Webinar Write-up-1394798756-web
Firms offering low-cost smaller company retirement plans say business is booming despite market volatility, but opinions are mixed on how impactful SECURE 2.0 would be for small business uptake.
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Compliance
Democrats Suggest SEC Should Reform Scope 3 Climate Disclosure Proposal
Scope 3 disclosure requirements are losing support in Congress.
Today’s Most Read
1. Who Is Most at Risk for Retirement Savings Shortfall?
2. 401(k) Traders Shifting to Fixed Income
3. Supreme Court to Review ERISA Prohibited Transactions
Morningstar Launches Platform to Compare, Sell Annuities
The investment research firm has built the Annuity Intelligence Center for advisers amid a boom in the insurance product due to higher interest rates and retirement income demand.
Participants Regain $1.4 Billon Thanks to EBSA’s Interventions
The largest category of plan money recovery was from enforcement actions.
2023 Retirement Plan Adviser of the Year Nominations Are Open
Do you work with or know of a great plan adviser or plan adviser team? Nominate them today for our 2023 Plan Adviser of the Year awards.
Market Mirror Market Mirror Graph

Tuesday, the Dow increased 103.60 points (0.30%) to close at 34,108.64, the Nasdaq increased 113.08 points (1.01%) to close at 11,256.81 and the S&P 500 gained 29.09 points (0.73%) to close at 4,019.65. The Russell 2000 gained 13.75 points (0.76%) to end trading at 1,832.36 and the Wilshire 5000 gained 282.95 points (0.72%) to close at 39,851.87.   
The price of the 10-year Treasury note decreased 4/32and the yield was down to 3.508%. The price of the 30-year Treasury bond decreased 1/32 and the yield was down to 3.536%.

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