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Weekday news and analysis for retirement plan advisers
Thursday, December 08, 2022
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Practice Management
Small and Medium Businesses Driving NQDC Plan Growth
PA-120722-NQDC for Small Biz-1173963096-web
Small-to-medium-sized businesses are increasingly turning to nonqualified deferred compensation plans amid a competitive market, according to data and industry players.
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Fidelity Moves Adviser Services Out of Institutional Investing to Align with Brokerage and Technology
Fidelity said it has moved client services and technology out of institutional investment to improve innovation and speed to market for in-demand digital services.  
Today’s Most Read
1. Many Providers Are Prioritizing Participant Financial Advice in 2023
2. OneDigital Acquires $500M Florida Retirement and Wealth Management Shop
3. A Reminder to Avoid Fraudulent Hardship Withdrawals
Congress Nears Passage of RILA Registration Legislation
The proposed legislation would greatly simplify the process by which the annuities are registered by providing for tailored registration forms.
Stock-Trading Platform Robinhood Launches IRA with 1% Match
Robinhood, which came to fame during the pandemic stock-trading boom, enters the retirement space via an IRA with an automatic 1% match.
2023 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

Wednesday, the S&P 500 fell 7.34 points (0.19%) to 3,933.92, the Nasdaq fell 56.34 points (0.51%) to 10,958.55, and the Dow rose 1.58 points (0.0047%) to 33,597.92. The Russell 2000 lost 5.67 points (0.31%) to finish at 1,806.90, and the Wilshire 5000 closed down 88.99 points (0.23%) to 39,020.67.

The price of the 10-year Treasury note was down 3/32, sending its yield to 3.425%. The price of the 30-year Treasury bond decreased 3/32, bringing its yield to 3.439%.

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