PLANADVISERdash – May 5, 2021

Weekday news and analysis for retirement plan advisers

Wednesday, May 05, 2021

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Investor Oversight Helps TDF Managers Sacrifice Returns

The number of TDFs grew from just 63 in 2000 to 2,778 in 2019, with total market capitalization surpassing $1.4 trillion. In 2019, 58% of TDFs invested only in funds of their own company, and another 20% invested between 50% and 99% in the same families’ funds.

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‘SECURE Act 2.0’ Appears Ready to Clear Committee

Sources say the House Ways and Means Committee will likely vote to advance the Securing a Strong Retirement Act of 2021, often called a follow-up to the SECURE Act, as soon as tomorrow afternoon.

Today’s Most Read

1.	DOL Issues Final Retirement Security Rule
2.	Surprising Retirement Considerations
3.	FTC Votes Through Noncompete Rule

Join Us for Tried and True Lessons in Succession Planning

Join PLANADVISER’s next editorial webinar on May 11 at 2 p.m. EST; the discussion will feature Alicia Locheed Goodrow, a partner at Culhane Meadows whose practice covers succession and tax planning.

Gig Economy Expected to Expand Post-Pandemic

In some ways, the gig economy was flourishing prior to the pandemic. Studies suggest the growth is likely to continue, based on a variety of related factors.

Intelligence Driven Advisers Launches FUTUREADY401K for Small to Midsized Sponsors

The plan features a professionally managed investment lineup and fiduciary services.

A Plan Feature Run Wild

Advisers should tell their clients about the risks of taking plan loans.

Market Mirror

Tuesday, the Dow was up 19.80 points (0.06%) at 34,133.03, the Nasdaq fell 261.62 points (1.88%) to 13,633.50 and the S&P 500 decreased 28.00 points (0.67%) to 4,164.66. The Russell 2000 lost 29.16 points (1.28%) to finish at 2,248.29, and the Wilshire 5000 closed 374.20 points (0.85%) lower at 43,559.67.

The price of the 10-year Treasury note was up 2/32, decreasing its yield to 1.585%. The price of the 30-year Treasury bond increased 7/32, bringing its yield down to 2.253%.

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.

September 24, 2024

DCIO and Investment Menu Survey

They say the devil is in the details. That’s particularly true when it comes to the investment menu and its results to participants for years—sometimes decades—of their lives. This PLANADVISER webinar will consider 2024 trends in DCIO offerings and best practices for the modern-day plan adviser.