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Weekday news and analysis for retirement plan advisers
Friday, June 24, 2022
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COMPLIANCE
Olin Corp. Soundly Defeats ERISA Lawsuit
The judge’s opinion sides firmly against the arguments made by the plaintiffs in the case, who are among the many litigants currently represented by the law firm Capozzi Adler.
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Advisers Giving Back: Independent Financial Group
David Fisher says IFG’s community has been good to him, his firm’s people and their families—so for him, an important part of being an adviser industry leader is about giving back in San Diego.
Today’s Most Read
1. Second Lawsuit Filed Against Cigna Over 401(k) Plan Forfeitures
2. Does the Emergency Savings Gap Undermine Retirement Security?
3. What’s Next for Managed Accounts?
The Role of the 401(k) in Today’s Tight Labor Market
Designing a retirement plan that meets the needs of the business—and today’s employees—requires a fresh outlook.
Investment Product and Service Launches
Schwab Asset Management reduces fees on 10 funds; LeafHouse Financial Services announces new DCIO service; and Russell Investments expands personalized managed accounts.
Design and Stability
Evaluating the investment menu in inflationary times.
Fool’s Gold for 401(k)s?
The DOL’s guidance on cryptocurrency causes much confusion.
Market Mirror Market Mirror Graph

Thursday, the Dow gained 194.23 points (0.64%) to 30,677.36, the Nasdaq increased 179.11 points (1.62%) to close at 11,232.19, and the S&P 500 was up 35.84 points (0.95%) to 3,795.73. The Russell 2000 gained 21.40 points (1.27%) to 1,711.67, and the Wilshire 5000 raised 425.03 points (1.14%) to 37,752.88.

The price of the 10-year Treasury note increased 28/32 bringing its yield down to 3.086%. The price of the 30-year Treasury bond increased 31/32 bringing its yield down to 3.203%.
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