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Wednesday, May 24, 2023
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As States Add Retirement Programs, Private Providers See Growth
PA-052223-State-Plans-Competition-or-Opportunity-529427604-web
This month, Minnesota and Missouri brought the count of state-facilitated retirement plans to 18. Small business providers say state engagement helps boost business despite state-provided auto-IRAs.
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ChatGPT Sentiment Analysis Significantly Outperforms Stock Market Average
University of Florida researchers found that using ChatGPT to analyze stocks outperformed the market average.
Today’s Most Read
1. What Recordkeepers Want From Advisers
2. What Makes the Best Dynamic Adviser-Recordkeeper Partnerships?
3. What DOL Layoffs Could Portend for EBSA's Future
Retirement Clearinghouse Issues Alert of IRA Data Breach
Firm alerts more than 10,000 people to watch out for identify theft after Social Security and IRA numbers may have been exposed.
CFP Board Outlines Best Practices to Retain Diverse Talent
A report on ‘creating DEI-driven culture’ encourages firms to articulate a vision, ensure equitable hiring and offer leadership development.
Just the Facts
As to possible resources employers could add to help their workers “pivot” into retirement, a guaranteed income product ranked first (67%) with employee respondents in the State Street Global Advisors 2022 Global Retirement Reality Report.
Market Mirror Market Mirror Graph

Tuesday, the Dow fell 231.07 points (0.69%) to close at 33,055.51, the Nasdaq fell 160.53 points (1.26%) to close at 12,560.25 and the S&P 500 fell 47.05 points (1.12%) to close at 4,145.58. The Russell 2000 lost 7.67 points (0.43%) to close at 1,787.71, and the Wilshire 5000 lost 447.66 points (1.08%) to close at 40,949.85.

The price of the 10-year Treasury note increased 1/32, bringing the yield to 3.702%. The price of the 30-year Treasury bond increased 3/32, bringing the yield to 3.951%. 

Industry Intel Roundup Featured Webinars
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring webinars sponsored by or featuring experts in the industry. The content was created to supply actionable insights to retirement plan advisers regarding client service and practice management.
March 12, 2025
Understanding Adviser Value
We’ll present findings from the 2024 PLANADVISER Adviser Value Survey, highlighting key metrics that illustrate plan advisers’ impact on plan design and governance and what plan sponsors identify as the benefits of partnering with a retirement plan adviser. Listen as some of the top advisers discuss services they provide and strategies for showcasing adviser value to both current and prospective clients.
June 11, 2025
Retirement Plan Advisers of the Year in Conversation
2025 Retirement Plan Adviser of the Year finalists and winners will talk about retirement plan sponsor and participant service, improving retirement plan access, mentoring and promoting equity in the adviser industry. Join us with your questions.
September 10, 2025
Retirement Income
Experts will share data about retirement income solutions for employer-sponsored defined contribution plans and discuss what is still needed to meet the needs of plan sponsors and participants. Hear how retirement income solutions have evolved and bring your questions.
December 10, 2025
Year in Review
Some of the top advisers of 2025 discuss their successes and challenges during the year. They’ll share their thoughts on changes in the retirement plan industry and what they’ve learned that could be helpful in the year ahead.
December 18, 2024
Year in Review
Join PLANADVISER to hear from some of the top advisers of 2024 about the year that was. What did these advisers do that worked well? What projects fell on their face? What learnings will they take into the year ahead? Join us with your questions—and anecdotes—from a year in plan advising.
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