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Weekday news and analysis for retirement plan advisers
Monday, July 12, 2021
Exclusives | Awards | Research | Events
Judge Stays Land O’Lakes Lawsuit for Mediation
The Land O’Lakes defendants’ motion to dismiss the suit based on a lack of subject matter jurisdiction and failure to state a plausible claim succeeded only in part, setting the stage for either a full trial or mediation and settlement.
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Practice Management
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Data & Research
Retirement Industry People Moves
Advisor Group selects business development VP; Principal announces new chief information officer of retirement and income solutions; Cobbs Allen expands into 401(k) business with new hire; and more.
Today’s Most Read
1. Creative Planning CIO Jim Williams Dies at 46
2. Social Security COLA Projected at 3.2% Ahead of October Decision
3. Marsh McLennan Agency Sees C-Suite Connection in Retirement, Wealth Advisement
Wealth Transfers on the Horizon
Emerging affluent investors may reshape some advisory shops.
Sponsored by Invesco
Watch Your Language: Rethinking How We Communicate With Participants
Learn more from our three key insights on how to communicate with participants.
PBGC, IRS Issue Guidance Related to Financial Assistance for Multiemployer Plans
The agencies have filled in the gaps for implementing provisions of the American Rescue Plan Act.
Wirehouse Advisers Less Satisfied Than Others
In a J.D. Power survey, independent advisory firms were more likely to have a higher satisfaction score than employee groups. 
Market Mirror Market Mirror Graph

Friday, the Dow gained 448.23 points (1.30%) to finish at 34,870.16, the Nasdaq closed 142.13 points (0.98%) higher at 14,701.92, and the S&P 500 increased 48.73 points (1.13%) to 4,369.55. The Russell 2000 was up 48.33 points (2.17%) at 2,280.00, and the Wilshire 5000 climbed 572.08 points (1.27%) to 45,684.89.

The price of the 10-year Treasury note decreased 28/32, bringing its yield up to 1.359%. The price of the 30-year Treasury bond fell 1 27/32, increasing its yield to 1.991%.

For the week ending July 9, the Dow was up 0.24%, the Nasdaq gained 0.43%, and the S&P 500 finished 0.40% higher. The Russell 2000 fell 1.12%, and the Wilshire 5000 increased 0.27%.

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