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Weekday news and analysis for retirement plan advisers
Wednesday, March 16, 2022
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M&A UPDATE
SageView Names Wealth Management Head in Sign of Evolving Industry
The appointment of Jim Dario as head of wealth management comes as SageView increases its focus on this strategic area of its business—mirroring the actions of other national retirement plan advisory shops.
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Lawsuit Alleges Hyatt's Tip Policy Causes ERISA Violation
An employee has sued the company for not being able to defer a percentage of his tip wages into the retirement plan.
Today’s Most Read
1. 'Massive' Fraud Charges Trigger Allianz Global Investors U.S. Sale to Voya
2. Why Small Business Owners Often Resist 401(k)s
3. Is the Traditional Fiduciary Insurance Model at Risk?
Virtual Adviser Meetings: Here To Stay or Soon To Go?
Advisers review the main pros and cons of digital meetings and discuss whether or not they will become a permanent fixture.
Why Employees Quit in 2021
Survey data from the Pew Research Center sheds light on why employees quit and what they have come to expect from their employers.
SEC Proposes Broad Cybersecurity Disclosure Regulations
The securities market regulator has proposed rule amendments meant to enhance and standardize disclosures regarding cybersecurity risk management and incident reporting by public companies.
Market Mirror Market Mirror Graph

Tuesday, the Dow gained 599.10 points (1.82%) to finish at 33,544.34, the Nasdaq closed 367.40 points (2.92%) higher at 12,948.62, and the S&P 500 increased 89.34 points (2.14%) to 4,262.45. The Russell 2000 was up 27.25 points (1.40%) at 1,968.97, and the Wilshire 5000 climbed 868.44 points (2.08%) to 42,718.71.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 2.151%. The price of the 30-year Treasury bond decreased 26/32, bringing its yield up to 2.501%.

Industry Intel Roundup
Featured White Paper
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring white papers offering key insights and analysis about the industry. The content was created to educate, inform and offer ideas for plan sponsors regarding plan design, investing, administration and compliance.
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