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Weekday news and analysis for retirement plan advisers
Wednesday, November 23, 2022
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Advisers Get Long-Awaited Clarity on ESG in Retirement Plans
PA-092222-State of the Workplace Financial Benefits Study-1284636520-web
DOL's final rule clears regulatory hurdles for retirement plan fiduciaries to implement, or ignore, ESG investing.
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Adviser Product Partnerships
DPL partners with Corebridge Financial on RIA advisory annuity solutions; Fidelity Institutional enhances adviser technology; Choreo partners with Pontera on held away asset management solution; and more.
Today’s Most Read
1. DOL Issues Final Retirement Security Rule
2. Surprising Retirement Considerations
3. FTC Votes Through Noncompete Rule
DOL Finalizes Rule Opening Door to ESG Investing in Retirement Plans
The DOL announced a final rule that retirement plan fiduciaries can consider climate change and other ESG factors when selecting investments.
Judge Recommends Dropping Most of $4.2B Retirement Plan Suit Against Nestlé
A U.S. District Court judge sided with Nestlé’s motion to dismiss most of the claims in a 401(k) class action lawsuit alleging unreasonably high fees and self-dealing.
Webinar: Wealth Management in a Retirement Plan Practice
Join PLANADVISER on December 13 as a panel of industry experts discuss why wealth and retirement belong together—or do they?; how wealth management can be fit into an advisory firm’s service offering; how to approach revenue opportunities in wealth management, and more.
Market Mirror Market Mirror Graph

Tuesday, the Dow gained 397.82 points (1.18%) to close at 34,098.10, the Nasdaq increased 149.90 points (1.36%) to end trading at 11,174.41 and the S&P 500 increased 53.64 points (1.36%) to close at 4,003.58. The Russell 2000 gained 21.30 points (1.16%) to end trading at 1,860.44 and the Wilshire 5000 increased 532.09 points (1.36%) to close at 39,779.75. The price of the 10-year Treasury note increased 6/32, bringing the yield down to 3.767%. The price of the 30-year Treasury note increased 1 3/32, bringing the yield down to 3.833%.

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