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Weekday news and analysis for retirement plan advisers
Tuesday, January 18, 2022
Exclusives | Awards | Research | Events
A Q&A With New CFP Board Chair Kamila Elliott
One of her goals for 2022 is to advance the CFP Board’s Future of Financial Planning program, which aims to make high school students more aware of the financial services profession.
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Lawsuit Alleges Choice of Target-Risk Funds Caused Losses to Participants
Milliman has been accused of failing to remove poorly performing investments, subadvised by its affiliate, from its 401(k) plan.
Today’s Most Read
1. Supreme Court Rules Against Northwestern University in Fee Case
2. Class Certified in 401(k) Plan Trustees’ Lawsuit Against John Hancock
3. What the Supreme Court’s Northwestern Ruling Means in Practice
Why Edward Jones Is Funding Alzheimer’s Research
The simple fact of the matter is that debilitating neurological diseases such as Alzheimer’s present a major financial and physical challenge to individuals, unpaid caregivers and their families.
Advisers Have Window to Help Women Strengthen Retirement Readiness
A survey shows that, because of the COVID-19 pandemic, many women feel they are on the wrong track for retirement.
ATTENTION: Plan Sponsor of the Year Award Nominations Close Friday
Time is running out for you to nominate a plan sponsor to be recognized with our annual Plan Sponsor of the Year awards program. Nominees will be sent an entry form to complete, finalists will be announced at the beginning of March and profiles of finalists will be featured in the April/May PLANSPONSOR print magazine, so deadlines are tight. Please take the time to enter your nomination(s) by the January 21 deadline.
Market Mirror Market Mirror Graph

Friday, the Dow lost 201.81 points (0.56%) to finish at 35,911.81, the Nasdaq climbed 86.94 points (0.59%) to 14,893.75, and the S&P 500 increased 3.82 points (0.08%) to 4,662.85. The Russell 2000 closed 3.02 points (0.14%) higher at 2,162.46, and the Wilshire 5000 was up 23.82 points (0.05%) at 47,103.46.

The price of the 10-year Treasury note decreased 30/32, bringing its yield up to 1.794%. The price of the 30-year Treasury bond fell 1 31/32, increasing its yield to 2.127%.

For the week ending January 14, the Dow fell 0.88%, the Nasdaq was down 0.28%, and the S&P 500 decreased 0.30%. The Russell 2000 lost 0.80%, and the Wilshire 5000 finished 0.46% lower.

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