November 4th, 2020

Court Finds Plaintiffs Have Standing to Sue Universal Health Services The defendants argued they lacked standing to recover losses for investments in which they did not invest. Read more > Workers Concerned About How Election Day Will Impact Retirement Savings A Lincoln Financial report also finds some workers are uncertain or confused when it comes to how they should prepare their retirement plans ahead of election results. Read more > The 5-Year ‘Test’ A survey finds many retirees don’t have the assets to keep up their spending. Read more > Interest Rates’ ‘New Normal’ By bringing longer-run goals and strategy into alignment with changes in the economy, the Fed aims to strengthen support for economic recovery. Read more > MOST READ ARTICLES

Sponsored message from PCS Retirement The science of retirement plan benchmarking and prospecting We have a whole lab for that! The Advisor Lab® is a future-forward resource to help you grow while saving time. Our end-to-end platform is just the beginning. You also get a team of people committed to making retirement plans effortless for you and your clients. See what the right tools mean for you:  Read more > A Return to Rollover Advice The DOL revisits the potential for adviser/client ongoing relationships. Read more > Whether—and How—to Vote Proxies DOL proposal could complicate this plan-fiduciary job. Read more > Market Mirror Tuesday, the Dow gained 554.98 points (2.06%) to finish at 27,480.03, the NASDAQ closed 202.96 points (1.85%) higher at 11, 160.57, and the S&P 500 gained 58.92 points (1.78%) to finish at 3,369.16. The Russell 2000 climbed 52.72 points (3.38%) to 1,614.30, and the Wilshire 5000 climbed 660.34 points (1.93%) to 34,788.78.   The price of the 10-year Treasury note was down 4/32, increasing its yield to 0.894%. The price of the 30-year Treasury bond fell 1 24/32, bringing its yield up to 1.678%.

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