Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 18th, 2018
More Sponsors Search Out Fiduciary Services and Support
When thinking about fiduciary support services and outsourcing, really the important considerations should be about process and time management, more than fiduciary risk transfer. Read more >
Selecting the Optimal QDIA
How Hearst Corp. followed a prudent process to choose its qualified default investment alternative. Read more >
24 Financial Service Companies Form Alliance for Lifetime Income
The objective is to educate Americans about the importance of protected lifetime income solutions. Read more >
Joint Committee Hears Testimony on Solvency of Multiemployer Pension Plans
Senator Sherrod Brown calls it imperative “to find a bipartisan solution to the crisis threatening 1.3 million Americans.” Read more >
MOST READ ARTICLES
Sponsored message from J.P. Morgan
Deliver a strategic business plan to execute on your clients’ goals
97% of clients agree J.P. Morgan Retirement Link relationship managers deliver a strategic business plan to execute on their plan goals. Leverage our team with an average of 25 years’ experience to complement your client service model and empower better decisions. Learn more about Retirement Link > Read more >
Wells Fargo’s Joe Ready Surveys Shifting Retirement Landscape
There is more emphasis than ever before in the DC plan space on identifying the best way to offer a benefit that is not just a to-retirement program, but also a through-retirement program. Read more >
More Than Half of Workers Worry About Their Financial Future
To help allay their fears, MetLife has issued the first of four white papers on financial wellness. Read more >
Retirement Industry People Moves
Voya Adds Account Executive for Large Corporate Market Business; Stadion Appoints Vice President of Business Development; OneAmerica Hires Client Relationship Executives; and more. Read more >
Market Mirror
Friday, the Dow closed 84.83 points (0.34%) lower at 25,090.48, the NASDAQ gave up 14.66 points (0.19%) to finish at 7,746.38, and the S&P 500 lost 3.07 points (0.11) to close at 2,779.42. The Russell 2000 shed 0.82 points (0.05%) to 1,683.91, and the Wilshire 5000 lost 29.77 points (0.10%) to finish at 29,036.09. The price of the 10-year Treasury note was up 5/32, decreasing its yield to 2.919%. The price of the 30-year Treasury bond was up 10/32, decreasing its yield to 3.040%. WEEK’S WORTH: For the week ending June 15, the Dow was down 0.89%, the NASDAQ was up 0.01%, and the S&P 500 was up 0.01%. The Russell 2000 was up 0.68%, and the Wilshire 5000 was up 0.17%.
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