Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
October 7th, 2019
Household Spending Decreases with Age
Housing is the biggest spending category for every age group, according to EBRI’s findings. Read more >
2020 Adviser of the Year Nominations Open
PLANADVISER Magazine needs your help in identifying the best retirement plan advisers in the country. The deadline for nominations is October 18th. Read more >
Retirement Industry People Moves
Woodbury Financial partner recruits advisers to Greensboro location; MassMutual selects workplace solutions leader; NAGDCA elects 2020 governing officers; and more. Read more >
An Array of Models
Some advisers find opportunities through aggregation or affiliation. Read more >
MOST READ ARTICLES
1
$300 Million Plan Faces ERISA Fiduciary Breach Lawsuit
2
DOL Aims to Quickly Simplify Conflict of Interest Framework
3
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
4
Wawa ERISA Settlement Valued at Nearly $22M
5
How Advisers Serving MEPs and PEPs Can Be Conflicted
Investment Oversight Partners
How advisers benefit from asset management assistance Read more >
Advancing Advice for All
Managed account services can benefit plan sponsors, participants and advisers Read more >
Market Mirror
Friday, the Dow increased by 372.68 points (1.42%) to 26,573.72, the NASDAQ rose by 110.21 points (1.40%) to reach 7,982.47, and the S&P 500 was up by 41.38 points (1.42%) for a 2,952.01 close. The Russell 2000 saw a 14.36 point increase (0.97%) to end at 1,500.70, and the Wilshire 5000 gained 394.32 points (1.33%) to reach 30,092.91. The price of the 10-year Treasury note was up by 2/31, decreasing its yield to 1.519%, and the price of the 30-year Treasury bond was up by 27/32, decreasing its yield to 2.014%. WEEK’S WORTH: The Dow declined by 0.91%, the S&P 500 gave up 0.33%, and the NASDAQ increased by 0.54%. The Russell 2000 was down by 1.30%, and the Wilshire 5000 was down by 0.36%.
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