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Weekday news and analysis for retirement plan advisers
Wednesday, January 19, 2022
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COMPLIANCE
PPL Corp. and Mass Brigham General Face ERISA Lawsuits
A proposed class action lawsuit was filed last week alleging that fiduciaries of the Consolidated 403(b) Plan of Mass General Brigham and Member Organizations failed to ensure investment and recordkeeping fees were not excessive.
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70% of Eligible Employees Have Joined California’s State-Run Retirement Program
Early evidence suggests the mandate for employers that don’t offer a retirement plan to join CalSavers is driving adoption of new plans.
Today’s Most Read
1. Investors Concerned About the Big, Beautiful Bill's Section 899
2. Gen Z, Millennials Redefining the Future of Work
3. Senate GOP Releases Tax Plan, With Some Key Changes From House Version
Retirement Plan Advisers Can Explore Decoupling Designs With Employers
Plan sponsors can take advantage of novel plan designs that share risk, including pooled employer plans, to broaden employer-sponsored benefits.
Strength in Diversity
The business case for building a heterogeneous workforce.
Millennial Home Ownership Crippled by Student Debt
Student debt has put those in the Millennial generation at a disadvantage when it comes to turning their education into wealth, particularly in the form of home ownership.
Market Mirror Market Mirror Graph

Yesterday, the Dow dropped 543.34 points (1.51%) to 35,368.47, the Nasdaq fell 386.86 points (2.60%) to 14,506.90, and the S&P 500 closed 85.74 points (1.84%) lower at 4,577.11. The Russell 2000 decreased 66.23 points (3.06%) to 2,096.23, and the Wilshire 5000 plunged 962.31 points (2.04%) to 46,141.13.

The price of the 10-year Treasury note decreased 29/32, bringing its yield up to 1.877%. The price of the 30-year Treasury bond fell 1 5/32, increasing its yield to 2.196%.

Industry Intel Roundup Featured White Paper
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers sponsored by or featuring experts in the industry. The content was created to supply actionable insights to retirement plan advisers regarding client service and practice management.
2025 DC Retirement at a Glance
Stay up to date on capital markets and the retirement industry with quick insights and information from MFS®.
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