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Thursday, February 09, 2023
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Retirement Savers Held Course in 2022 Despite 401(k) Declines
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The latest retirement plan participant tracking from Vanguard and Bank of America show retirement savers’ resilience last year. 
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DC Investment Providers Russell, Invesco, Name New CEOs
Zach Buchwald arrives at Russell from BlackRock, while Invesco promotes Andrew Schlossberg from managing director role.
Today’s Most Read
1. Small Business “Bullishness” Helping to Drive 401(k) Growth
2. The Scramble to Make the Saver’s Match Work
3. Modern Wealth Surpasses $4B in Less Than 2 Years
Panel: False Ideas About Financial Advisement May Be Limiting Diversity
A panel of financial professionals said misunderstandings about educational requirements or beliefs that the industry does not serve all communities can hold back talented candidates.
Retroactive Compliance Reviews
Meet these requirements when checking for PTE 2020-02 violations.
Two Days Left 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 February 10.
Market Mirror Market Mirror Graph

Wednesday, the Dow dropped 207.68 (0.61%) to 33,949.01, the Nasdaq fell 203.27 (1.68%) to 11,910.52 and the S&P 500 fell 46.14 (1.11%) to 4,117.86. The Russell 2000 closed down 30.01 (1.52%) at 1,942.60 and the Wilshire fell 466.44 (1.12%) to 41,117.99.

The price of the 10-year Treasury note fell 2/32, bringing the yield to 3.621%. The price of the 30-year Treasury bond fell 1/32, bringing the yield to 3.674%.

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