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Weekday news and analysis for retirement plan advisers
Friday, May 07, 2021
Exclusives | Awards | Research | Events
Quest Diagnostics ERISA Lawsuit Can Proceed
The district court roundly rejected the defense’s dismissal motions, ruling that the plaintiffs have sufficiently alleged that fiduciary breaches may have occurred.
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Advisers Giving Back: 401k Plan Professionals
Like many of their industry peers, the close-knit team at 401k Plan Professionals understands the importance of giving back and paying forward the good fortune enjoyed by advisory industry professionals.
Today’s Most Read
1. The New Vesting Schedule Debate
2. Why Are Financial Services Firms Looking to Wealth Management Leaders?
3. The Future of Work in the Investment Industry
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.
Special Coverage: Gig Workers and Retirement
If the development of pooled employer plans can’t help solve the coverage crisis among gig workers, what can?
Investment Product and Service Launches
Northern Trust launches Omnium Event Manager platform and Alger announces second high-conviction, actively managed ETF.
The SEC Cites Its Priorities
Reg BI and a focus on climate change top the list.
Market Mirror Market Mirror Graph

Thursday, the Dow climbed 318.19 points (0.93%) to 34,548.53, the Nasdaq increased 50.42 points (0.37%) to 13,632.84, and the S&P 500 gained 34.03 points (0.82%) to finish at 4,201.62. The Russell 2000 was down 6.86 points (0.31%) at 2,241.42, and the Wilshire 5000 closed 210.19 points (0.48%) higher at 43,723.94.


The price of the 10-year Treasury note was up 1/32, decreasing its yield to 1.571%. The price of the 30-year Treasury bond decreased 23/32, bringing its yield up to 2.248%.

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