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Weekday news and analysis for retirement plan advisers
Friday, October 07, 2022
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Deals & People
Retirement Clearinghouse Partners with Fidelity, Vanguard and Alight on Auto-Portability
The Portability Services Network seeks to make it easier for participants to transfer retirement assets when they change plans.
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Deals & People
Practice Management
Client Service
Data & Research
Cybersecurity Experts Warn of Increased Fraud Risk to Retirement Plans
Cybercriminals are becoming more sophisticated and patient in their approach due to the massive payouts fraudsters can manage to steal from retirement plans.
Today’s Most Read
1. DOL Finalizes Rule Opening Door to ESG Investing in Retirement Plans
2. Plan Advisers Value Trustworthiness, “Personal” Touch from DC Recordkeepers
3. Advisers Get Long-Awaited Clarity on ESG in Retirement Plans
ERISA Lawsuit Against Associated Bank Dismissed
A Wisconsin District Court judge was unconvinced by arguments made by the plaintiffs that plan fiduciaries breached their duty to participants.
Sound Income Group Launches 3-Business Company Focused on Wealth Management
Each of the three firms address a specific area for financial professionals who are, or seek to become, income specialists.
Workers Worried About Inflation Are Delaying Retirement
A Nationwide Retirement Institute report shows a spike in workers who are feeling on ‘the wrong track’ for retirement.  
Market Mirror Market Mirror Graph

Thursday, the Dow lost 346.93 points (1.15%) to close at 29,926.94, the Nasdaq decreased 75.33 points (0.68%) to finish at 11,073.311 and the S&P 500 was down 38.76 points (1.02%) to close at 3,744.52. The Russell 2000 lost 10.18 points (0.58%) to finish trading at 1,752.51 and the Wilshire 5000 decreased 352.87 points (0.93%) to close at 37,492.26.

The price of the 10-year Treasury note decreased 6/32 bringing the yield up to 3.828%. The price of the 30-year Treasury note decreased 27/32 bringing the yield up to 3.791%.

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