Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
November 15th, 2019
AutoZone’s Use of Prudential GoalMaker Criticized in New Lawsuit
The lawsuit alleges that GoalMaker served Prudential’s interests at the expense of participants’ by funneling retirement savings into proprietary investment products and into investments that paid revenue sharing to Prudential. Read more >
AllianceBernstein to Close its Mutual Fund Target-Date Series
The investment firm will be shifting all of its focus to its CIT target-date series. Read more >
One-on-One Meetings
Best practices for making the most of the time. Read more >
Tactical Glide Paths
More TDF fund managers choose to deviate from a fund’s allocation. Read more >
MOST READ ARTICLES
Sponsored message from ADP
Are employees relying on employers to solve financial problems?
Employees who are financially stressed and working out of economic necessity can negatively impact workplace productivity. Read more >
Next Generation Producers
More advisers are in their 40s—and they are successful. Read more >
Advisers as Teachers
How to guide anxious investors through rocky markets. Read more >
Market Mirror
Thursday, the Dow slipped 1.63 points (0.01%) to 27,781.96, the NASDAQ was down 3.08 points (0.04%) at 8,479.02, and the S&P 500 was up 2.59 points (0.08%) at 3,096.63. The Russell 2000 decreased 6.33 points (0.40%) to 1,588.79, and the Wilshire 5000 increased 23.58 points (0.07%) to 31,520.94.   The price of the 10-year Treasury note increased 28/32, bringing its yield down to 1.824%. The price of the 30-year Treasury bond climbed 1 2/32, decreasing its yield to 2.308%.
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