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Weekday news and analysis for retirement plan advisers
Wednesday, July 26, 2023
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Data & Research
Americans Pick Advisers Who Appreciate Their Needs, Have Track Record, Survey Says
PA-072523-Adviser-Selection-Survey-1355658095-web
Data also showed that having an adviser boosts a respondent’s financial confidence.
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TIAA In-Plan Annuity Option Hits 250,000 Participants
The in-plan retirement income marker coincides with another record quarter for retail annuities, according to a separate report from LIMRA.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. LPL’s Arnold Has Settlement Chance as Steinmeier Called Worthy Successor
3. Charles Schwab CEO Walt Bettinger to Retire
Fiducient Advisors Names Long CIO
Bradford Long, current chair of the firm's investment committee, will be replacing Matthew Rice as chief investment officer. 
Alera Retirement Unit Adds Large-Plan Expert
Insurance, retirement and wealth management aggregator’s hire of Bryan Hissong is part of strategic effort to build out retirement plan services.
Register Now: The 2023 PLANADVISER National Conference
Join us at the 2023 PLANADVISER National Conference this September to network with peers and plan sponsors, hear from industry experts, and support junior staff members in becoming future retirement plan leaders.
Market Mirror Market Mirror Graph

Tuesday, the Dow rose 26.83 points (0.08%) to close at 35,438.07, the Nasdaq rose 85.69 points (0.61%) to close at 14,144.56 and the S&P 500 rose 12.82 points (0.28%) to close at 4,567.46. The Russell 2000 gained 0.43 points (0.02%) to close at 1,966.11, and the FT Wilshire 5000 Index gained 119.58 points (0.26%) to close at 46,151.81. 

The price of the 10-year Treasury note rose 1/32, bringing the yield to 3.891%. The price of the 30-year Treasury bond was unchanged, bringing the yield to 3.934%.

 

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