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Weekday news and analysis for retirement plan advisers
Friday, March 24, 2023
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Data & Research
Experts Predict Major Growth in Retirement Coverage, Benefits
PA-032323-Growth-in-Retirement-Coverage-1309631307-web
By year-end 2026, 88% of employers are projected to provide a defined contribution plan, according to new report from Transamerica.  
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Investment Product and Service Launches
Investably announces business valuation service; BM Advisers launches smallcase BM Nifty Top 20; First Trust Dynamic Europe Equity Income Fund organizes into an exchange-traded fund; and more.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. LPL’s Arnold Has Settlement Chance as Steinmeier Called Worthy Successor
3. Charles Schwab CEO Walt Bettinger to Retire
Non-Immediate Vesting Does Not Help Companies Retain Employees
According to retirement experts at an EBRI hosted webinar, vesting forfeitures are easy to time and easy to outweigh with pay raises from another employer.
The Retirement Income Question
Can managed accounts give participants the planning help they need?
New Plan Creation Under SECURE 2.0
Join PLANSPONSOR, PLANADVISER and a panel of industry experts as we discuss SECURE 2.0 provisions related to the creation of new retirement plans; why existing plan sponsors should care about the rules for newly created plans; and how SECURE 2.0 can assist advisers and employers in closing the retirement plan coverage gap. 
Market Mirror Market Mirror Graph

Thursday, the Dow gained 75.14 points (0.23%) to close at 32,105.25, the Nasdaq gained 117.44 (1.01%) to close at 11,787.40 and the S&P 500 gained 11.75 points (0.30%) to close at 3,948.72. The Russell 2000 fell 7.07 points (0.41%) to close at 1,720.29 and the Wilshire 5000 rose 80.80 points (0.21%) to close at 39,049.85.

The price of the 10-year Treasury note decreased 2/32, bringing the yield to 3.422%. The price of the 30-year Treasury bond remained unchanged, bringing the yield to 3.698%.

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