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Weekday news and analysis for retirement plan advisers
Thursday, October 05, 2023
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Data & Research
Americans Underestimate Health Care Costs’ Impact on Retirement Decisions
PA-100223-Health-Savings-Not-Enough-1431953724-web
Health savings accounts and cash flow from annuities can help mitigate too-rosy thinking, says retirement income association fellow.
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Savant Wealth Joins Pontera’s 401(k) Management Platform
COO of $20B investment advisory sees ‘enormous’ market for managing client assets within 401(k) plans.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. Charles Schwab CEO Walt Bettinger to Retire
3. DC Plan Experts See Slow, Steady Progress in Plan Personalization
Managed Accounts’ Default Use Limited by Litigation Fears, Fees
Plan advisers continue to pick TDFs in retirement plans, rather than more personalized managed accounts, in part due to legal concerns, finds Sway Research.
Genstar Capital Re-Ups to Keep Driving Cetera M&A Plans
Having originally invested in Cetera in 2018, Genstar will continue to be the majority investor and lead partner.
Understanding Plan Fees, With Help from NAGDCA
A recently published fee guide can help plan sponsors navigate different recordkeeping, advisory and asset management options.
Market Mirror Market Mirror Graph

Wednesday, the Dow rose 127.17 points (0.39%) to close at 33,129.55, the Nasdaq rose 176.54 points (1.35%) to close at 13,236.01 and the S&P 500 rose 34.30 points (0.81%) to close at 4,263.75. The Russell 2000 rose 1.86 points (0.11%) to close at 1,729.01, and the FT Wilshire 5000 Index rose 326.79 points (0.77%) to close at 42,876.22.

The 10-year Treasury note rose 26/32, bringing the yield to 4.742%. The 30-year Treasury bond rose 31/21, bringing the yield to 4.866%. 

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