May 17th, 2019

Excessive Fee Suit Filed Against Greystar Management The lawsuit accuses the sponsor of a small 401(k) plan with failing to monitor and correct excessive fees. Read more > IRS Indicates 403(b) Initiatives Coming This Summer However, 403(b) plans are in a remedial amendment period, and the IRS has offered much help for them to be in compliance with regulations. Read more > As Bull Market Ages, Coaching Investors on Volatility Remains a Must Novice investors’ reactions to stock market volatility present an endless and intriguing field of study for behavioral economists, but for financial advisers, poor client decisionmaking is a serious issue. Read more > Many Parents Draining Savings to Help Children The Bank of Mom and Dad is playing a major role in the U.S. housing market, according to Legal & General Group, putting some parents’ retirements at risk. Read more > MOST READ ARTICLES

AICPA Offers Best Practices for Benefits Record Retention The American Institute of Certified Public Accountants issued a plan advisory that reminds plan sponsors of ERISA record retention rules and also offers best practices for protecting personal information. Read more > The Role of Alternatives These asset classes can soothe the effects of market volatility. Read more > Market Mirror Thursday, the Dow gained 214.66 points (0.84%) to finish at 25,862.68, the NASDAQ closed 75.90 points (0.97%) higher at 7,898.05, and the S&P 500 increased 25.36 points (0.89%) to 2,876.32. The Russell 2000 was up 8.97 points (0.58%) at 1,557.24, and the Wilshire 5000 climbed 258.49 points (0.88%) to 29,729.83.   The price of the 10-year Treasury note was down 6/32, increasing its yield to 2.397%. The price of the 30-year Treasury bond decreased 10/32, bringing its yield up to 2.837%.

Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 400, Rockville, MD 20850