Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
June 28th, 2019
Gucci to Pay $1.2M to Settle Excessive Fee Lawsuit
Of that amount, $395,000 will go to class counsel, and there were no conditions of change to plan design or processes in the settlement agreement. Read more >
MassMutual Pairs with CommonBond on Student Loan Refinancing Program
The program is becoming available on a rolling basis in local communities across the U.S. through MassMutual’s network of financial advisers, currently 9,000 strong. Read more >
OneAmerica PRT Account Holders Offered Enhanced Website
The expanded portal will provide the same level of service to retirees (who are currently receiving a payment/annuity) that it does to those still employed (or who are eligible but have not started to draw from their pension). Read more >
Investment Product and Service Launches
American Century Investments to develop new equity and fixed income suite; HealthSavings Administrators releases HSA investment vehicle; DWS Group launches ESG ETF; and more. Read more >
Principal Reveals Eagerly Awaited Wells Fargo Platform Integration Strategy
Washington Financial Scooped Up By Hub International
SECURE Act Ensnared in Senate After Flying Through House
2019 PLANADVISER National Conference
MIT ERISA Lawsuit Parties Announce Settlement
Sponsored message from Capital Group
How our target date fund stayed the course
See how the American Funds Target Date Retirement SeriesĀ® has delivered in multiple markets. SEE HOW Read more >
Webinars Multiply Possibilities
As many as a quarter of workers view them Read more >
Company Matches on the Rise
More than 2/3 of employers now sweeten the pot to help workers save Read more >
Sponsored message from Capital Group
The secrets to our target date success
See how the American Funds Target Date Retirement SeriesĀ® has weathered recent volatility to deliver strong results. LEARN OUR SECRETS Read more >
Market Mirror
Thursday, the Dow was down 10.24 points (0.04%) at 26,526.58, the NASDAQ closed 57.79 points (0.73%) higher at 7,967.76, and the S&P 500 increased 11.14 points (0.38%) to 2,924.92. The Russell 5000 jumped 28.78 points (1.90%) to finish at 1,546.55, and the Wilshire 5000 closed 177.14 points (0.59%) higher at 30,069.37.   The price of the 10-year Treasury note increased 25/32, bringing its yield down to 2.011%. The price of the 30-year Treasury bond increased 31/32, decreasing its yield to 2.528%.

Editorial: Alison Cooke Mintzer


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