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Weekday news and analysis for retirement plan advisers
Thursday, January 26, 2023
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Deals & People
Capital Group Names New CEO as Part of Leadership Changes
PA-012623-Capital Group New Head-1425857669-web
CEO Tim Armour will be replaced by Mike Gitlin in a wide-sweeping change at the top of one of the leading mutual fund providers for defined contribution retirement plans.
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Data & Research
SageView Launches Financial Education Platform for Participants
One of the country’s largest independent retirement plan advisories taps Kerry Woods to lead a new financial readiness platform to provide financial planning services for retirement plan participants.
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
OneAmerica Teams Up With Benartzi on New Retirement Income Product
The personalized strategy to provide a monthly retirement paycheck was designed by behavioral economist Shlomo Benartzi; a pilot program is in the field with retirement plan advisers and plan sponsors.
Cetera to Acquire Securian Financial’s Retail Wealth Business
Cetera will bring 1,000 Securian financial professionals into its network.
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

Wednesday, the Dow gained 9.88 points (0.03%) to close at 33,743.84, the Nasdaq lost 20.92 points (0.18%) to close at 11,313.36 and the S&P 500 lost 0.73 points (0.02%) to close at 4,016.22. The Russell 2000 gained 4.71 points (0.25%) to close at 1,890.32 and the Wilshire 5000 gained 6.65 points (0.02%) to close at 40,046.19.

The price of the 10-year Treasury note increased 1/32, bringing the yield to 3.448%. The price of the 30-year Treasury bond decreased 1/32, bringing the yield to 3.596%. 

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