Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
January 31st, 2020
FIA and DiMeo Schneider to Combine Forces
In a statement to their clients, it was noted that Bob DiMeo, managing partner of DiMeo Schneider, and Mark Wetzel, president of Fiduciary Investment Advisors, have known each other for decades as friends and business confidants. Read more >
Berkshire Hathaway OKs Sizable Settlement in Acme Pension Dispute
More than six years of litigation have preceded the announcement of a proposed settlement agreement in Hunter v. Berkshire Hathaway. Read more >
FSI Expands Health Care for Member Advisers and Staff
CoveredAdvisor2.0 is delivered in collaboration with Decisely Insurance Services and Humana. Read more >
Investment Product and Service Launches
State Street Global Advisors makes changes to ETF suite, and Nationwide launches income solution ETF. Read more >
2023 PLANADVISER Top Retirement Plan Advisers
2023 PLANADVISER Top Retirement Plan Advisers
Why 529 Education Savings Plans Are More Valuable Than Ever
Retirement Advisers See Increased Scrutiny on Fees, Services
Government Plans Face Unique Challenges With SECURE 2.0 Implementation
The Extent of Obligation
New committee members need not look for breaches to repair. Read more >
How Plan Advisers Justify Their Fees
Despite fee compression, advisers are pushing back. Read more >
Market Mirror
Thursday, the Dow gained 124.99 points (0.44%) to finish at 28,859.44, the NASDAQ increased 23.77 points (0.26%) to 9,298.93, and the S&P 500 was up 10.26 points (0.31%) at 3,283.66. The Russell 2000 was down 1.00 point (0.06%) at 1,648.22, and the Wilshire 5000 closed 96.14 points (0.29%) higher at 33,418.22.   The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.591%. The price of the 30-year Treasury bond decreased 5/32, bringing its yield up to 2.058%.
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