Sponsored message from MetLife |
Stable value gives employees a stronger capital preservation option |
90% of advisors very often recommend stable value 83% of plan sponsors find stable value more attractive than money market Watch the videos for more insights in the 2017 MetLife Stable Value Study.
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Recordkeeper for 403(b)s With Multiple Providers Updates Platform |
The changes streamline the investment, administrative, operational and communication processes for 403(b) participants, plan sponsors and advisers, says IPX.
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JHRPS Announces Cybersecurity Guarantee |
John Hancock Retirement Plan Services is offering a guarantee to reimburse eligible participants for unauthorized transfers from their 401(k) retirement accounts.
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Retirement Industry People Moves |
PCS Announces Series of Promotions and Hires; CUNA Mutual Grows Sales Force with Addition of Regional VP; USI Selects Retirement Services VP; and more.
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Market Mirror |
Friday, the Dow increased 18.38 points (0.07%) to 26,458.31, the NASDAQ was up 4.39 points (0.05%) at 8,046.35, and the S&P 500 was virtually unchanged at 2,913.94. The Russell 2000 closed 6.04 points (0.36%) higher at 1,696.57, and the Wilshire 5000 was up 8.95 points (0.03%) at 30,259.82.
The price of the 10-year Treasury note was down 1/32, increasing its yield to 3.059%. The price of the 30-year Treasury bond decreased 14/32, bringing its yield up to 3.208%.
WEEK’S WORTH: For the week ending September 28, the Dow fell 1.07%, the NASDAQ gained 0.74%, and the S&P 500 increased 0.54%. The Russell 2000 lost 0.92%, and the Wilshire 5000 finished 0.54% lower.
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