Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
January 14th, 2021

Sequence of Return Risk

It has been a formal part of defined contribution (DC) plan adviser thinking for 25 years or so, but was postulated far earlier: The book of Genesis relates how the Pharaoh of Egypt had a dream in which seven fat cows were followed by seven gaunt ones.  Read more >
Common Mistakes Advisers Make That Should be Avoided
Advisers can sometimes slip up on delivering the service they provide to plan sponsors and participants, which could lead to the loss of a client. Here, industry experts outline common mistakes advisers can avoid to remain in their clients’ good graces. Read more >
Missing Participant Guidance Released by DOL
The guidance includes best practices for locating missing participants in addition to best practices for documenting efforts to do so. Read more >
HUB International Acquires Alpha Pension Group
HUB International has acquired Alpha Pension Group Inc., a retirement plan consulting firm based in Boston. Read more >
Plaintiffs Firms Must Pay $1.5 Million for ‘Reckless’ Litigation
More TDF Underperformance ERISA Lawsuits Filed
Dover Corporation Faces ERISA Suit Over Managed Account Fees
The Future of Work in the Investment Industry
Lawsuit Against Northern Trust Over TDFs Will Proceed
Sponsored message from MassMutual Investments
From Fiduciary 2.0 to 3.0–Carving Out a Role for Advisers As Chief Governance Officer
Interview with Mark Cover, Head of Defined Contribution Investment Only Field Sales for MassMutual Investments and John Carl, founder and President of the Retirement Learning Center Read more >
Are You a QPAM?
As a reminder, Section 406(a) states that a plan fiduciary should not cause a plan to enter into certain enumerated transactions with a party in interest. These prohibited transactions include, for example, the sale or exchange, or leasing, of any property; the lending of money or other extension of credit; and the transfer to, or use by or for the benefit of, a party in interest, of any assets of the plan. Read more >
Latest Relief Package Extends Provisions for Small Business Employers
PPP Second Draw Loans will also be available to CFIs beginning January 13. The SBA indicated that First and Second Draw PPP loans will be open to all participating lenders “shortly thereafter.” Read more >
Market Mirror
Wednesday, the Dow was down 8.22 points (0.03%) at 31,060.47, the NASDAQ closed 56.52 points (0.43%) higher at 13,128.95, and the S&P 500 increased 8.65 points (0.23%) to 3,809.84. The Russell 2000 lost 15.99 points (0.75%) to finish at 2,111.97, and the Wilshire 5000 was up 33.06 points (0.08%) at 40,338.06. The price of the 10-year Treasury note was up 4/32, decreasing its yield to 1.093%. The price of the 30-year Treasury bond increased 32/32, bringing its yield down to 1.826%.
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