Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
February 21st, 2020

Cybersecurity Strategies for the Adviser Industry

Effective cybersecurity strategies start with the right tone at the top, with senior leaders who are committed to improving their organization’s digital posture. Read more >
Defendants in DST Systems Lawsuit Say Plaintiffs’ Attorneys Have a Conflict
They have filed a motion to have the plaintiffs’ attorneys disqualified. Read more >
News of E*TRADE Acquisition by Morgan Stanley Raises Anti-Trust Stakes
One source says the discount brokerage industry of the previous decade is being “merged away,” and that this latest M&A transaction could raise anti-trust scrutiny on other ongoing deals. Read more >
Investment Product and Service Launches
American Beacon and asset management firm launch bond fund; Hartford Funds and Wellington Management release ETF; and Vanguard announces lower expense ratios on select ETFs. Read more >
2023 Retirement Plan Adviser of the Year Finalists
Principal Continues Focus on Asset Management, ‘Jet Fuel’ of the Business
With SECURE 2.0, the Cash Balance DB Plan May Be Back
Complying With the Custody Rule and the New Custody Proposal
Biden’s First Veto Keeps DOL’s ESG Rule in Place
Attorneys Say Guaranteed Income Safe Harbor Clearer Than Previous Guidance
Advisers will play an important role in helping plan sponsors perform their due diligence and helping participants accept annuities. Read more >
Delta Air Lines Must Face Lawsuit Over Pension Payments
Retirees sued for denial of benefits, claiming Delta was wrong to offset their pension payments by a workers’ compensation settlement they received. Read more >
Government Plaintiffs Clear Dismissal Hurdle in Reliance Trust Lawsuit
The Department of Labor brought the underlying case and has argued successfully in opposition to the defendants’ dismissal motion, which has now been denied. Read more >
Market Mirror
Thursday, the Dow closed 128.05 points (0.44%) lower at 29,219.98, the NASDAQ lost 66.22 points (0.67%) to finish at 9,750.97, and the S&P 500 decreased 12.92 points (0.38%) to 3,373.23. The Russell 2000 was up 3.50 points (0.21%) at 1,696.07, and the Wilshire 5000 was down 99.26 points (0.29%) at 34,434.69.   The price of the 10-year Treasury note was up 3/32, decreasing its yield to 1.560%. The price of the 30-year Treasury bond increased 7/32, bringing its yield down to 2.012%.
rss icon twitter icon linkedin-in icon facebook icon
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2023 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850