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Weekday news and analysis for retirement plan advisers
Tuesday, October 24, 2023
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Data & Research
TDF Assets Through Q3 Dip Slightly, Still Outpacing ‘22
PA-102423-Simfund-TDF-Quarterly-web
American Funds had the strongest inflows for a second consecutive quarter among the top ten TDF providers, according to Simfund, as target-date-fund assets in the group ended less than Q2 at $1.58 trillion.
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US Workers Expect AI to Extend Human Longevity, Increase Retirement Needs
A Nationwide survey found that Americans are bullish on artificial intelligence but less confident in their ability to pay for health care costs at increasingly older ages.
Today’s Most Read
1. Anticipating the Next Wave of ERISA Lawsuits
2. Aquarian Capital Acquires Brighthouse Financial
3. How Small Business Owners Benefit from Financial Advisers’ Help
Advisory M&A News – 10/23/23
Mercer acquires Kingfisher Capital; Sequoia to add M Capital Advisors; Charles Drew Group joins UBS.
Best Practices To Vet a Vendor's Cybersecurity Practices
Experts in Cybersecurity provide tips on how to assess partners' defenses in a recent PLANADVISER Cybersecurity livestream.
2023 PLANADVISER National Conference On Demand
Recorded sessions offer expert perspectives on communicating with staff and clients, enhancing your practice and marketing strategies, and solving retirement savings and income challenges.
Market Mirror Market Mirror Graph

Monday, the Dow fell 190.87 points (0.58%) to close at 32,936.41, the Nasdaq rose 34.52 points (0.27%) to close at 13,018.33 and the S&P 500 fell 7.12 points (0.17%) to close at 4,217.04. The Russell 2000 fell 14.91 points (0.89%) to close at 1,665.88, and the FT Wilshire 5000 Index fell 109.11 points (0.26%) to close at 42,297.49.

The 10-year Treasury note rose 28/32, bringing the yield to 4.840%. The 30-year Treasury bond rose 1 2/32, bringing the yield to 5.007%. 

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