November 9th, 2018

DOL Asks for Input on Retirement Plan Auto-Portability The request comes in a notice of proposed exemption from prohibited transactions for Retirement Clearinghouse’s auto-portability solution. Read more > SEC Publishes Favorable CRS Form User Testing Results SEC worked with RAND Corporation to test the efficacy of its mock Customer Relationship Summary form, a key part of the broader Regulation Best Interest proposal; the positive findings differ from reports commissioned by investment industry advocacy groups. Read more > Debt Hampers Retirement Saving for Those Closest to Retirement Fifty-five percent of Baby Boomers say they would save more for retirement if they could pay off their debt, GOBankingRates found in a survey. Read more > VALIC Launches Upgraded Retirement Plan Sponsor Website SponsorFIT is designed to help retirement plan sponsors monitor and improve plan health, as well as simplify plan administration. Read more > MOST READ ARTICLES 1 2023 Retirement Plan Adviser of the Year Finalists 2 Principal Continues Focus on Asset Management, ‘Jet Fuel’ of the Business 3 With SECURE 2.0, the Cash Balance DB Plan May Be Back 4 Retirement Advisers Increasingly Want PEP Option in Toolbox 5 Complying With the Custody Rule and the New Custody Proposal

RetireReady Solutions Adds Income Feature to its Software The Retirement Analysis Kit now includes a “bucket strategy.” Read more > Investment Product and Service Launches The Standard Grows Stable Value Fund Options, and First Trust Creates Dow Jones International Internet Read more > Market Mirror Thursday, the Dow was up 10.92 points (0.04%) at 26,191.22, the NASDAQ lost 39.87 points (0.53%) to finish at 7,530.89, and the S&P 500 decreased 7.06 points (0.25%) to 2,806.83. The Russell 2000 was down 3.95 points (0.25%) at 1,578.21, and the Wilshire 5000 closed 89.14 points (0.31%) lower at 28,962.56.   The price of the 10-year Treasury note was down 2/32, increasing its yield to 3.244%. The price of the 30-year Treasury bond decreased 4/32, bringing its yield up to 3.436%.

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