| 2020 PLANADVISER DCIO Survey | | You don’t need to be Charles Darwin to admire the remarkable evolution in defined contribution (DC) plan investment lineups. For example, the stable-value- and insurance-based products common many decades ago now compose only 10% of the market, and nearly two-thirds (65%) of assets reside in asset-allocation- or equity-based products. Such a transformation was fueled by the explosive growth in access to mutual funds, which captured over 70% of DC plan assets earlier this decade before falling to 56% this year.
Read more > | | | Compliance When It’s Tough | | “At the end of the day, even now, the DOL and the IRS are still conducting examinations and audits,” says David Kaleda, a principal with Groom Law Group and a columnist for PLANADVISER. “It’s not like the regulators have gone away.”
Read more > | | | Advisers Giving Back: Brad Arends at intellicents | |
The plight of rural community health care systems is a personal matter for the community in Albert Lea, Minnesota, and for Brad Arends at intellicents.
Read more > | | | Market Mirror | | Wednesday, the Dow was down 77.91 points (0.30%) at 25,734.97, the NASDAQ gained 95.86 points (0.95%) to finish at 10,154.63, and the S&P 500 closed 15.57 points (0.50%) higher at 3,115.86. The Russell 2000 climbed 48.53 points (3.52%) to 1,427.31, and the Wilshire 5000 increased 108.64 points (0.34%) to 31,739.15.
The price of the 10-year Treasury note was down 2/32, increasing its yield to 0.672%. The price of the 30-year Treasury bond decreased 25/32, bringing its yield up to 1.421%.
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