Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 16th, 2020

15th Anniversary of RPAY: Steve Wilt

Steve Wilt, member of the PLANSPONSOR Retirement Plan Team of the Year in 2007, now works at CAPTRUST. He says he is as busy as ever, though he can now leverage the resources of a national firm. Read more >
Latest 401(k) Excessive Fee Suit Targets Matthews International
Those similar to other lawsuits, arguments about excessive recordkeeping fees are featured early and prominently in the complaint and strongly criticize the recordkeeper, even though it is not a defendant in the case. Read more >
Democratic Senators Challenge DOL’s Proposed ESG Restrictions
The lawmakers say environmental, social and governance focused investing allows retirement savers to support long-term change by building a system that rewards and values inclusion and diversity in corporate culture, from the board to the workforce. Read more >
Consider How CITs Can Fit Into Your Practice
Collective investment trusts can help clients address fee pressures, support an increased focus on fiduciary obligations, provide a means to build white-labeled investments and more. Read more >
Principal Continues Focus on Asset Management, ‘Jet Fuel’ of the Business
Biden’s First Veto Keeps DOL’s ESG Rule in Place
2023 Retirement Plan Adviser of the Year Finalists
Experts Predict Major Growth in Retirement Coverage, Benefits
Complying With the Custody Rule and the New Custody Proposal
Build Referral Networks to Find the Right Clients
Advisers need to understand that developing referral sources can take as long as five to seven years and that there is no one-size-fits-all approach. Read more >
A New World and New Opportunities for Alpha
Generally speaking, investment managers agree that actively managed funds perform better in periods of market volatility and decline. However, they do not believe that plan sponsors that primarily offer low-cost passive funds should change their investment lineup at this time, because they believe sponsors should be committed to their long-term outlook for their plan and their participants. Read more >
ADP Creates Simpler Form 500 Compliance Reporting
The firm is introducing a simplified Form 5500 compliance reporting process, marking the second phase of its compliance dashboard enhancement effort. Read more >
Market Mirror
Wednesday, the Dow closed 227.51 points (0.85%) higher at 26,870.10, the NASDAQ was up 61.92 points (0.59%) at 10,550.49, and the S&P 500 increased 29.04 points (0.91%) to 3,226.56. The Russell 2000 climbed 50.01 points (3.50%) to 1,478.27, and the Wilshire 5000 gained 378.92 points (1.16%) to finish at 32, 935.52. The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.636%. The price of the 30-year Treasury bond decreased 27/32, bringing its yield up to 1.335%.
rss icon twitter icon linkedin-in icon facebook icon
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2023 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850