HSAs Need to Offer Equities, Multi-Assets and Fixed Income, Devenir Says | It would also be good for them to include emerging markets equities, target-date funds, alternatives, international bonds and specialty bonds.
Read more > | | Participants Speak Clearly About Need for DC Account Income Planning | A new report published by Cerulli Associates draws out participant perspectives on the topic of DC plan decumulation, revealing that many of those leaving the work force feel “generally clueless” about how to manage their nest egg
Read more > | | Retirement Industry People Moves | DCIO Head Joins Putnam; Jennison Associates Adds Consultant Relations Professionals; Sales Directors Join Lincoln Financial; and more.
Read more > | | Market Mirror | Friday, the Dow closed 55.36 points (0.23%) higher at 24,271.41, the NASDAQ increased 6.62 points (0.09%) to 7,510.30, and the S&P 500 was up 2.07 points (0.08%) at 2,718.38. The Russell 2000 dipped 1.95 points (0.12%) to 1,643.07, and the Wilshire 5000 was up 24.06 points (0.08%) at 28,394.13.
The price of the 10-year Treasury note was down 4/32, increasing its yield to 2.854%. The price of the 30-year Treasury bond decreased 12/32, bringing its yield up to 2.985%.
WEEK’S WORTH: For the week ending June 29, the Dow was down 1.26%, the NASDAQ lost 2.37%, and the S&P 500 decreased 1.33%. The Russell 2000 fell 2.52%, and the Wilshire 5000 finished 1.50% lower.
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