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Weekday news and analysis for retirement plan advisers
Wednesday, July 14, 2021
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Practice Management
How Leaders Are Addressing the Adviser Gender Gap
Although they make up more than half the population, currently less than 20% of financial advisers are women. This raises the question of just what is so unwelcoming about the advisory business.
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Lawsuit Claims Yum! Brands Misclassified Employee, Denied Him Retirement Benefits
The complaint alleges that the plaintiff met the test for employee status per prior case law, but Yum misclassified him as an independent contractor for 25 years.
Today’s Most Read
1. What Exactly Is Driving the Great Resignation?
2. Risks and Rewards of Managed Accounts
3. Another Circuit Court Rules on ERISA Arbitration Rules
Vestwell Managed Account Platform Helps Advisers Meet Needs in Small Plan Market
The platform uses Franklin Templeton’s Goals Optimization Engine and helps advisers provide an offering to small DC plan sponsors and participants in a cost-efficient way.
Industry Groups Say No New Regulations Needed Regarding Brokerage Windows
The ERISA Advisory Council was told brokerage windows serve a special purpose and onerous regulations could discourage their use.
Market Mirror Market Mirror Graph

Tuesday, the Dow was down 107.39 points (0.31%) at 34,888.79, the Nasdaq closed 55.59 points (0.38%) lower at 14,677.65, and the S&P 500 decreased 15.42 points (0.35%) to 4,369.21. The Russell 2000 fell 42.96 points (1.88%) to 2,238.86, and the Wilshire 5000 lost 275.77 points (0.60%) to finish at 45,513.62.

The price of the 10-year Treasury note decreased 27/32, bringing its yield up to 1.422%. The price of the 30-year Treasury bond fell 32/32, increasing its yield to 2.042%.

Industry Intel Roundup
Featured White Paper
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers offering key insights and analysis about the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.
Sponsored by PLANADVISER
Keep up to date with PLANADVISER’s Industry Intelligence
Stay ahead of industry news and trends by checking this page regularly for the latest sponsored white papers.
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