Planadviser Logo
Weekday news and analysis for retirement plan advisers
Monday, February 13, 2023
Exclusives | Awards | Research | Events
Putnam Adds Sustainable Retirement TDFs
PA-020923-New ESG TDF-1248585262-web
Putnam brings its first ESG-focused target-date series to defined contribution plans, with plans for further choice, personalization.
News Feed Quick Links
Deals & People
Practice Management
Client Service
Data & Research
Will RMD Age Increases Cause ‘Abandoned’ Property Problems?
SECURE 2.0 increased the RMD age to 73 and will increase it again to 75 in 2033. Some states’ laws could cause IRAs to be unfairly seized by state governments.
Today’s Most Read
1. 2023 Retirement Plan Adviser of the Year Finalists
2. Principal Continues Focus on Asset Management, ‘Jet Fuel’ of the Business
3. With SECURE 2.0, the Cash Balance DB Plan May Be Back
Retirement Industry People Moves
Lincoln Financial Group names Vince Garzarella VP; Northern Trust Asset Management names new presidents; Empower promotes Noble to general counsel; and more.
529 Flows Dip to $1.5B, But Still Strong Amid Market Volatility
As of the fourth quarter of 2022, the total market for 529 savings plans rose to 16 million accounts with $411 billion in assets, according to data from ISS Market Intelligence.
Register to Attend Our Virtual DB Summit 
The DB Summit is designed to help plan sponsors that have or are considering adding a DB plan make the important decisions. Discussions and presentations on March 8 and 9 will focus on whether the future environment is conducive to more pension risk transfers, to keeping plans active or to reopening closed plans, as well as what investing strategies can help plan sponsors reach their plan goals. Join us as we explore the prospective role of DB plans in American’s retirement security. Receive a $10 coffee card if you are among the first 100 registrants who log into the event each day. 
Market Mirror Market Mirror Graph

Friday, the Dow rose 169.39 points (0.50%) to close at 33,869.27, the Nasdaq lost 71,46 points (0.61%) to close at 11,718.12 and the S&P 500 rose 8.96 points (0.22%) to close at 4,090.46. The Russell 2000 was up 3.47 points (0.18%) to close at 1,918.81 and the Wilshire 5000 advanced 60.23 points (0.15%) to close at 40,790.40. 

The price of the 10-year Treasury note rose 2/32, bringing the yield to 3.738%. The price of the 30-year Treasury bond increased 2/32, bringing the yield to 3.822%. 

For the week ending February 10, the Dow lost 0.20%, the Nasdaq fell 2.41% and the S&P 500 dropped 1.11%. The Russell 2000 dropped 3.36%% and the Wilshire 5000 finished 1.44% lower.

Did someone forward you this newsletter?
Sign up here to get PLANADVISER Dash directly in your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850