Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
March 16th, 2020
SunTrust ERISA Litigation Draws to a Close
More than a decade of litigation ends in a $29 million settlement agreement. Read more >
Salesforce Is Latest National Employer to Face ERISA Fee Litigation
Like so many other large U.S. employers, Salesforce is accused of failing to take advantage of the lowest cost share class available for many of the mutual funds offered in its retirement in a timely manner. Read more >
Legislation Would Allow 403(b)s to Invest in CITs
The bill introduced to Congress is designed to ensure public sector and nonprofit retirement plans have the same access to low-cost investments as for-profit retirement plans do. Read more >
Missing the Mark?
Plan success measures are all over the map. Read more >
MOST READ ARTICLES
Opposition, and Support, Continue for Reg BI
Former Congressmen Dodd and Frank join the legal challenge, while the financial and insurance communities largely stand behind the rule. Read more >
Ever Vigilent
3 ways to help your clients protect against cybersecurity threats. Read more >
Market Mirror
Friday, the Dow recovered 1,985.00 points (9.36%) to close at 23,185.62, the NASDAQ bounced back 672.43 points (9.34%) to 7,874.23, and the S&P 500 gained 230.31 points (9.28%) to finish at 2,710.95. The Russell 2000 closed 86.14 points (7.67%) higher at 1,209.07, and the Wilshire 5000 climbed 2,231.88 points (8.96%) to 27,141.00.   The price of the 10-year Treasury note decreased 1 32/32, bringing its yield up to 0.996%. The price of the 30-year Treasury bond fell 3 5/32, increasing its yield to 1.572%.   For the week ending March 13, the Dow plunged 10.36%, the NASDAQ finished 8.18% lower, and the S&P 500 lost 8.80%. The Russell 2000 plummeted 16.57%, and the Wilshire 5000 fell 10.00%.
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