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Weekday news and analysis for retirement plan advisers
Wednesday, January 25, 2023
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In Practice
Savers Want Better Financial Management. How Can Advisers Reach Them?
PA-012423-Research shows participants are open to new advisers-1215833951-web
New research shows an opening for advisers to offer wealth management solutions to savers. An expert in adviser communications says it’s important to know the business, and people, that you want to be your clients.
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FINRA Head to Leave After More Than 2 Years in Role
Jessica Hopper, head of the influential securities regulator for the brokerage industry, is stepping down in February, with Christopher Kelly stepping in on temporary basis.
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
Allianz Asset Management 401(k) Participants Allege Self-Dealing
Two participants in the Allianz 401(k) plan allege the asset manager maintained an all-proprietary fund lineup that included expensive, underperforming investments for the benefit of the defendants.
Just One Slice of the Pie
Workers who ‘don’t save enough’ in their DC plan may have other means.
Enter Now for PLANADVISER’s 2023 Top Retirement Plan Advisers List
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.

You can see last year’s listing here.
Market Mirror Market Mirror Graph

Tuesday, the Dow gained 104.4 points (0.31%) to close at 33,733.96, the Nasdaq fell 30.14 points (0.27%) to close at 11,334.27 and the S&P 500 fell 2.86 points (0.07%) to close at 4,016.95. The Russell 2000 fell 5.16 points (0.27%) to close at 1,885.61 and the Wilshire 5000 dropped 48.84 points (0.12%) to close at 40,039.54.

The price of the 10-year Treasury note decreased 2/32, bringing the yield to 3.460%. The price of the 30-year Treasury bond fell 3/32, bringing the yield to 3.608%. 

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