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Wednesday, October 25, 2023
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Managed Accounts Show Mass Potential, Need Better Benchmarking
PA-102523-MA-for-Advisers-1330665157-web

Plan sponsors want personalized advice for participants, but many may need clearer guidance to implement managed accounts, according to new research issued by Cerulli and Edelman Financial Engines.

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New Micro-Plans Will Receive Expanded Tax Credit if Bill Passes
Startup retirement plan sponsors with less than 10 employees would receive a minimum of $2,500.
Today’s Most Read
1. Nearly Half of Retirees Have No Formal Decumulation Strategy
2. Firefighter Pension Complaint Alleges Insider Trading by United Health Execs, Including Slain CEO
3. 401(k)s and the Courts in 2025
Long-Term Investment Fund Assets Set to Rise After 2022 Dip
After a tumultuous few years of rising interest rates and market volatility, ISS MI sees a return to growth for long-term fund managers, driven in part by bond uptake.
A Need to Show Value
How advisers can justify their fees and help sponsors find other ways to cut costs.
2024 Retirement Plan Adviser of the Year Nominations Are Open
If you work with or know of a great plan adviser or plan adviser team, please help PLANADVISER recognize the best in the business.
Market Mirror Market Mirror Graph

Tuesday, the Dow rose 204.97 points (0.62%) to close at 33,141.38, the Nasdaq rose 121.55 points (0.93%) to close at 13,139.88 and the S&P 500 rose 30.64 points (0.73%) to close at 4,247.68. The Russell 2000 gained 13.62 points (0.82%) to close at 1,679.50, and the FT Wilshire 5000 gained 314.64 points (0.74%) to close at 42,612.13.

The 10-year Treasury note increased 1/32, bringing the yield to 4.830%. The 30-year Treasury bond increased 31/32, bringing the yield to 4.937%.

Industry Intel Roundup
Featured Thought Leadership
PLANADVISER is pleased to present the next edition of our Industry Intelligence roundup. This week, we are featuring thought leadership sponsored by or featuring experts in the industry. The content was created to supply actionable insights to retirement plan advisers regarding client service and practice management.
Retirement Experts: A Better Way To Crack the Retirement Income Nut.
Guaranteed income sources can help retirees maximize Social Security benefits.
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