Sponsored message from OneAmerica |
Choice and Simplicity |
Interview with Sandy McCarthy.
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An Eye-Opening Millennial Q&A |
Kevin Boyles at Millennium Trust says companies have been responding to the pandemic with exceptional agility—driven in no small part by the expectations of their Millennial workers.
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Pooled Employer Plans and 3(38) Fiduciary Advisers |
One provider getting ready to launch a SECURE Act-enabled pooled employer plan on January 1 says he is already in conversation with advisers about combining 3(38) fiduciary oversight with PEP recordkeeping and administration.
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2020 PLANADVISER Micro Plan Survey |
Micros lagged far behind larger plans in fiduciary best practices such as having an investment committee.
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Market Mirror |
Wednesday, the Dow gained 530.70 points (1.91%) to finish at 28,303.46, the NASDAQ closed 210.00 points (1.88%) higher at 11,364.60, and the S&P 500 increased 58.50 points (1.74%) to 3,419.45. The Russell 2000 was up 33.75 points (2.14%) at 1,611.04, and the Wilshire 5000 climbed 606.50 points (1.75%) to 35,180.06.
The price of the 10-year Treasury note was down 4/32, increasing its yield to 0.788%. The price of the 30-year Treasury bond decreased 32/32, bringing its yield up to 1.584%.
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