Sponsored message from MassMutual Investments |
Ascending Through the Fire With an Evolving Fiduciary Governance Approach |
Learn about the opportunity plan advisers have to position themselves as a chief governance officer with plan sponsors.
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Expanded Plan Access |
Daniel Milan, managing partner of Cornerstone Financial Services in Detroit, calls the new PEPs a “game-changer” for smaller employers. “These modifications [to MEPs] are so powerful that they completely change the quality and access for small businesses in regard to offering 401(k) plans.”
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Sponsored message from PLANADVISER |
PLANADVISER Thought Leadership gives retirement plan advisers the knowledge they need for business success. |
Click here to learn more
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Advisers Giving Back: The Moneta Charitable Foundation |
When MCF awards a grant, it gives more than just a check. In 2019, for example, a total of 267 Moneta employees logged 1,648 collective volunteer hours doing MCF-related service projects.
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15th Anniversary of RPAY: SageView Advisory Group |
Since 2014, the consolidation that has taken place among recordkeepers and advisers has played to SageView’s strengths as an aggregator, says CEO Randy Long.
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Practice Lessons Learned From the Pandemic |
Virtual meetings and more personalized financial wellness programs are expected to continue.
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Market Mirror |
Tuesday, the Dow gained 337.76 points (1.13%) to finish at 30,199.31, the NASDAQ closed 155.02 points (1.25%) higher at 12,595.06, and the S&P 500 was up 47.13 points (1.29%) at 3,694.62. The Russell 2000 increased 48.07 points (2.51%) to 1,959.76, and the Wilshire 5000 climbed 502.24 points (1.31%) to 38,866.89.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.908%. The price of the 30-year Treasury bond decreased 5/32, bringing its yield up to 1.653%.
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