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Weekday news and analysis for retirement plan advisers
Tuesday, March 14, 2023
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Compliance
SEC’s Uyeda Expresses Concern about SEC Overreach
PA-031323-SEC-Uyeda-comments-Mark-Uyeda-headshot-feature-1200x800px
Republican commissioner specifically mentioned the new outsourcing rule, pay-to-play enforcement and compliance periods for SEC rules. 
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Advisory M&A
PCIA acquires Cornerstone; Creative Planning adds Telarray Advisors; Heffernan Network acquires Kettering Rose; and more.
Today’s Most Read
1. Small Business “Bullishness” Helping to Drive 401(k) Growth
2. The Scramble to Make the Saver’s Match Work
3. Modern Wealth Surpasses $4B in Less Than 2 Years
DB Pension Risk Transfers May Slow Due to Lack of Liquidity
Experts at last week’s PLANADVISER DB Summit discussed the challenges of transferring risk despite high interest rates.
Within ESG, Companies Most Engaged with Environmental, Social Issues
A recent report from ISS ESG indicated that environmental topics receiving the most attention related to water and biodiversity. The leading social topics of interest were gender equality and labor rights.
SECURE 2.0 Webinar Series: Financial Wellness Benefits
Join PLANSPONSOR, PLANADVISER and a panel of industry experts on March 15, at 2pm ET, as they review SECURE 2.0 provisions related to employee financial wellness; ways plan sponsors can implement new benefits, and how advisers can help them; and how to determine the best benefits for a plan sponsor’s unique employee group.
Market Mirror Market Mirror Graph

Monday, the Dow lost 90.50 points (0.28%) to close at 31,819.14, the Nasdaq gained 49.96 points (0.45%) to close at 11,188.84 and the S&P 500 lost 5.83 points (0.15%) to close at 3,855.76. The Russell 2000 decreased 28.40 points (1.60%) to close at 1,744.30 and the Wilshire 5000 decreased 114.45 points (0.30%) to close at 38,264.73.

The price of the 10-year Treasury note increased 11/32, bringing the yield to 3.577%. The price of the 30-year Treasury bond decreased 1/32, bringing the yield to 3.716%.

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