Planadviser Logo
Weekday news and analysis for retirement plan advisers
Tuesday, July 12, 2022
Exclusives | Awards | Research | Events
COMPLIANCE
Calls on Congress to Fully Fund Reg BI Implementation
An open letter to two U.S. Senators emphasizes that the SEC must receive sufficient fiscal support to effectively oversee the industry’s ongoing implementation of Regulation Best Interest and Form CRS.
News Feed Quick Links
Deals & People
Practice Management
Products
Client Service
Data & Research
Investing
Compliance
ERISA Complaint Alleges $751K Retirement Account Thievery
The entire retirement account balance of a Colgate-Palmolive retirement plan participant who lives in South Africa was distributed to a bank account in Las Vegas.
Today’s Most Read
1. Ascensus to Acquire Vanguard’s Individual 401(k) Business
2. Victory to Acquire Amundi’s $104B U.S. Division
3. NewRetirement, With $20M In Hand, Seeks Workplace Partners
The Effects of Consistent 401(k) Participation
According to EBRI, the average account balance increased at a compound annual average growth rate of 15.6% from 2010 to 2019 for those that consistently participated in their company 401(k).
PBGC’s Final Union Pension Relief Rule Praised—and Questioned
Sources agree that the final updates made to the Special Financial Assistance program for severely stressed union pensions are helpful, but some are concerned about the expanded ability to invest relief funds in potentially volatile equities.
Cryptocurrency in DC Plans
The DOL explains the digital investment products’ risks and challenges.
Real Estate Fund Investments
An REOC lets asset managers avoid ERISA limits.
Market Mirror Market Mirror Graph

Monday, the Dow fell 164.31 points (0.52%) to 31,173.84, the Nasdaq was down 262.71 points (2.26%) to 11,372.60 and the S&P 500 slipped 44.95 points (1.15%) to 3,854.43. The Russell 2000 was down 37.36 points (2.11%) to 1,732.01 and the Wilshire 5000 decreased 525 points (1.35%) to 38,325.46.

The price of the 10-year Treasury note increased 30/32 bringing its yield down to 2.995%. The price of the 30-year Treasury bond increased 1 26/32 bringing its yield down to 3.179%.

rss icon linkedin-in icon
Unsubscribe | Manage Subscriptions | Contact Us
Copyright ©2024 Asset International, Inc. All rights reserved.
No reproduction without prior authorization.
Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal
702 King Farm Boulevard, Suite 400, Rockville, MD 20850