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March 18th, 2021 |
 | Fidelity Decides to Exit HR/Payroll BusinessFidelity has confirmed to PLANADVISER that “after a strategic review and decisionmaking process,” it has decided to exit the human resources (HR)/payroll business. The decision affects nearly 2,000 existing clients, including retirement plan clients that use a bundled solution.
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Fiduciary Advocates, Leaders Create Center for Board Certified Fiduciaries | Thirty-five fiduciary advocates and leaders have created the Center for Board Certified Fiduciaries (CBCF) to help develop exemplary fiduciaries. It will be affiliated with one or more universities to provide an executive education certificate in fiduciary leadership, stewardship and governance.
Read more > | | CFA Institute Launches Global Certificate in ESG Investing |
The certificate is designed for those who want to analyze and integrate ESG factors into their investments, and for those wanting to improve their understanding.
Read more > | | Market Mirror | Wednesday, the Dow gained 189.42 points (0.58%) to finish at 33,015.37, the Nasdaq closed 53.64 points (0.40%) higher at 13,525.20, and the S&P 500 was up 11.41 points (0.29%) at 3,974.12. The Russell 2000 fell 23.78 points (1.01%) to 2,336.39, and the Wilshire 5000 increased 140.89 points (0.34%) to 42,154.72.
The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.644%. The price of the 30-year Treasury bond decreased 30/32, bringing its yield up to 2.423%.
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