Planadviser Logo
Weekday news and analysis for retirement plan advisers
Monday, May 01, 2023
Exclusives | Awards | Research | Events
Data & Research
Can Employers Help Americans Struggling to Save Amid Inflation?
More than 20% of U.S. workers made reported borrowing from their retirement savings in 2022, according to FinFit.
News Feed Quick Links
Deals & People
Practice Management
Client Service
Data & Research
Retirement Industry People Moves
Marathon Asset Management adds Boyle as managing director; Fiduciary Trust announces Queler as head of wealth management; and more.
Today’s Most Read
1. Human Interest Offers 3% Cash Back for New Retirement Savers
2. Franklin Templeton to Acquire Putnam for $925 Million
3. Retirement Industry People Moves
House Committee Unanimously Approves Bill Requiring SEC to Study Size Cutoff for Advisory Firms
The Small Entity Update Act requires the SEC to revisit the ‘small entity’ definition of advisory firms every five years.
Judge Dismisses Excessive Fee Complaint Against HR Firm TriNet
The 2020 retirement lawsuit alleged that the plan committee did not properly monitor recordkeeper and investing fees.
Financial Wellness Differentiators 
Financial wellness is the latest frontier of participant education. According to the 2023 PLANSPONSOR Industry Benchmarking report, 77% of plan sponsors offer some sort of financial wellness program. Participants are taking notice too: Of respondents to the 2022 PLANSPONSOR Participant Survey, 43.5% said financial literacy/wellness programs were extremely helpful in improving their economic status and reducing financial stress.
Market Mirror Market Mirror Graph

Friday, the Dow gained 272.00 points (0.80%) to close at 34,098.16, the Nasdaq gained 84.35 points (0.69%) to close at 12,226.58 and the S&P 500 gained 34.13 points (0.83%) to close at 4,169.48. The Russell 2000 increased 17.76 points (1.01%) to close at 1,768.99 and the Wilshire 5000 increased 324.47 points (0.80%) to close at 41,064.05.

The price of the 10-year Treasury note increased 3/32, bringing the yield to 3.422. The price of the 30-year Treasury bond increased 3/32, bringing the yield to 3.677%.

For the week ending April 28, the Dow rose 0.86%, the Nasdaq increased 1.28% and the S&P 500 increased 0.87%. The Russell 2000 fell 1.26% and the Wilshire 5000 finished 0.53% higher. 

Did someone forward you this newsletter?
Sign up here to get PLANADVISER Dash directly in your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International, Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850