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Weekday news and analysis for retirement plan advisers
Friday, February 10, 2023
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Microsoft Escapes Retirement Plan TDF Suit
PA-020923-Microsoft and Black Rock TDFs-529520615-web
One of a string of lawsuits filed against companies that put retirement savers into a BlackRock TDF suite was dismissed by a district court judge.
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Investment Service & Product Launches
Equitable expands variable universal life portfolio; First Trust offers alternative assets-based ETFs; and more.
Today’s Most Read
1. 2023 PLANADVISER Top Retirement Plan Advisers
2. 2023 PLANADVISER Top Retirement Plan Advisers
3. Why 529 Education Savings Plans Are More Valuable Than Ever
Survey of LGBTQ Workers Finds Lower Satisfaction With Work Benefits
LGBTQ and non-LGBTQ workers have broadly similar interests in terms of benefits, but there may be an access gap, EBRI research finds.
Practice Progress Webinar Series: Advisory Business Models/M&A
Join PLANADVISER on February 16 for a discussion about the state of the retirement plan advisory industry, how adviser roles are evolving and what aggregator firms can (and cannot) offer advisers.  
Last Day to Nominate PLANADVISER’s 2023 Top Retirement Plan Advisers
Please enter your nomination for the 2023 PLANADVISER Top Retirement Plan Advisers of the year! The top designations are based on quantitative measures such as the most plans and assets under advisement. This year’s entry form can be viewed here. You may submit your entry hereThe deadline for entries is today, February 10.
Market Mirror Market Mirror Graph

Thursday, the Dow fell 249.13 points (0.73%) to close at 33,699.88, the Nasdaq lost 120.94 points (1.02%) to close at 11,789.58 and the S&P 500 dropped 36.36 points (0.88%) to close at 4,081.50. The Russell 2000 dropped 27.26 points (1.40%) to close at 1,915.34 and the Wilshire 5000 declined 387.82 points (0.94%) to close at 40,730.17.

The price of the 10-year Treasury note rose 0/32, bringing the yield to 3.663%. The price of the 30-year Treasury bond increased 1/32, bringing the yield to 3.731%.

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