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Weekday news and analysis for retirement plan advisers
Wednesday, June 01, 2022
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Data & Research
How Plan Sponsors Feel About Financial Advisers
Plan sponsors, regardless of their business size, reported that the No. 1 advantage a financial adviser brings to their plan is oversight of investment management (27%), according to a new survey. They also cited as advantages guidance for regulatory concerns (21%) and availability to answer employee questions (17%).
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How Retirement Is Changing as We Live Longer
A new study examines the changing definition of retirement and takes a fresh look at the three decades of life after work that many will have.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. Charles Schwab CEO Walt Bettinger to Retire
3. DC Plan Experts See Slow, Steady Progress in Plan Personalization
How ESG Investing Is Regulated Globally: Rules vs. Principles
A major new report published by ISS ESG suggests regulation remains a major driver of the growth of responsible investment around the world, although it is important that governments are not so prescriptive as to stifle innovation.
Facing Criticism for ESG Rules, SEC Unlikely to Back Down
Attorneys who track financial regulations say SEC Chair Gary Gensler has no qualms about pushing forward big, ambitious proposals, even if they are destined to be challenged in the courts.
Welcome to the Rising Rate Environment
In the face of sustained inflation and the Federal Reserve’s push to boost interest rates, asset managers and advisers are tweaking portfolios and rethinking longstanding allocations.
Physical Presence Requirement Relief Extended Again
The additional extension comes after they IRS solicited public comments on whether relief from the physical presence requirement should be made permanent.
Market Mirror Market Mirror Graph

Monday, the Dow fell 222.84 points (0.67%) to 32,990.12, the Nasdaq lost 49.74 points (0.41%) to close at 12,081.39, and the S&P 500 was down 26.09 points (0.63%) to 41,32.15. The Russell 2000 decreased 23.85 points (1.26%) to 1,864.04, and the Wilshire 5000 was down 305.87 points (0.74%) to 41,085.39.

The price of the 10-year Treasury note was virtually unchanged with its yield increasing to 2.863%. The price of the 30-year Treasury bond decreased 1 30/32 bringing its yield up to 3.065%.

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