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Weekday news and analysis for retirement plan advisers
Thursday, June 02, 2022
Exclusives | Awards | Research | Events
Capital One Financial Beats ERISA Suit
The dismissal order grants the plaintiffs, who are represented by the law firm Capozzi Adler, two weeks to file an amended complaint regarding certain portions of the proposed class action suit.
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Special Training Course for Advisers Serving Gov, Military Clients
Mike Harris, chair of retirement studies at the College for Financial Planning and a 1982 graduate of the U.S. Air Force Academy, will lead the program.
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
Invesco and Cerulli Launch Practice Innovation Index
According to the firms, the index builds on the concept that high-performing financial professionals measure their success by the impact they make on clients’ lives.
Investing in a ‘Circular Economy’
A new report suggests investors should seek to better understand the concept of ‘resource intensity’ and pursue opportunities to reduce risks while improving global environmental outcomes.
A Profound Opportunity for Advisers
A new survey report notes that women control a third of total U.S. household financial assets today—more than $10 trillion—and as much as $30 trillion more is expected to shift into the hands of U.S. women over the next five years.
Market Mirror Market Mirror Graph

Wednesday, the Dow dropped 176.89 points (0.54%) to 32,813.23, the Nasdaq fell 86.93 points (0.72%) to close at 11,994.46, and the S&P 500 decreased 30.92 points (0.75%) to 4,101.23. The Russell 2000 was down 9.22 points (0.49%) to 1,854.82, and the Wilshire 5000 dropped 305.28 points (0.74%) to 40,779.62.

The price of the 10-year Treasury note decreased 27/32 bringing its yield up to 2.924%. The price of the 30-year Treasury bond decreased 3/32 bringing its yield up to 3.067%.

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