Planadviser Logo
Weekday news and analysis for retirement plan advisers
Wednesday, June 15, 2022
Exclusives | Awards | Research | Events
COMPLIANCE
Significant Retirement Bill Moves Forward in Senate
Sources say the Senate HELP Committee’s measure, called the RISE & SHINE Act, is expected to be combined with a Finance Committee measure into one Senate bill, which will then need to be reconciled with House-passed legislation.
News Feed Quick Links
Deals & People
Practice Management
Products
Client Service
Data & Research
Investing
Compliance
Hopes Remain High for Ambitious Retirement Legislation
Sources say the ingredients for passing a new round of federal retirement planning reforms are in place, but hurdles remain, and the upcoming general elections are a complicating factor.
Today’s Most Read
1. Barnabas Health Latest to Settle ERISA Suit
2. The Role of the 401(k) in Today’s Tight Labor Market
3. Excessive Fee ERISA Complaint Targets Cook Group
Lessons for Financial Advisers From a Voice Coach
Insights include how to disagree without being disagreeable—and how to be benevolent, professional and courteous while still getting the job done.
Significant New Corrections Opportunities Stem From IRS Program
The IRS has begun sending pre-audit letters to plan sponsors whose retirement plans have been selected for upcoming audits, giving them 90 days to identify, correct and disclose any compliance issues. 
Cybersecurity Is Everyone’s Responsibility
Retirement benefit plans have deep pockets—filled with both assets and sensitive information—so it only makes sense that they are a growing target for cyberthieves.
Market Mirror Market Mirror Graph

Tuesday, the Dow dropped 151.91 points (0.50%) to 30,364.83, the Nasdaq was up 19.12 points (0.18%) to close at 10,828.35, and the S&P 500 fell 14.15 points (0.38%) to 3,735.48. The Russell 2000 slipped 6.77 points (0.39%) to 1,707.83, and the Wilshire 5000 lost 119.99 points (0.32%) to 37,116.66.

The price of the 10-year Treasury note fell 31/32 bringing its yield up to 3.479%. The price of the 30-year Treasury bond decreased 1 25/32 bringing its yield up to 3.427%.

Did someone forward you this newsletter?
Sign up here to get PLANADVISER Dash directly in your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850