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Weekday news and analysis for retirement plan advisers
Thursday, January 20, 2022
Exclusives | Awards | Research | Events
Another Stressed Union Pension to Get PBGC Support
The plan was projected to run out of money at some point this year, but the special financial assistance from PBGC should prevent this outcome.
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Data & Research
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.
Today’s Most Read
1. 2023 PLANADVISER Top Retirement Plan Advisers
2. 2023 PLANADVISER Top Retirement Plan Advisers
3. Why 529 Education Savings Plans Are More Valuable Than Ever
M&A Update: CAPTRUST’s 50th, New SageView and Hub Deals
Even after years of accelerated consolidation of retirement plan advisory and wealth management firms, the pace of mergers and acquisitions is not letting up one bit.
‘Window’ of Opportunity
Brokerage accounts open up possibilities for service—but also for PTs.
Nonenforcement Policies
Some of the DOL’s prohibited transaction exemptions apply now.
Market Mirror Market Mirror Graph

Wednesday, the Dow lost 339.82 points (0.96%) to finish at 35,028.65, the Nasdaq closed 166.64 points (1.15%) lower at 14,340.26, and the S&P 500 decreased 44.35 points (0.97%) to 4,532.76. The Russell 2000 was down 33.44 points (1.60%) at 2,062.78, and the Wilshire 5000 fell 467.94 points (1.01%) to 45,673.16.

The price of the 10-year Treasury note was up 2/32, decreasing its yield to 1.857%. The price of the 30-year Treasury bond increased 3/32, bringing its yield down to 2.175%.

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