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Weekday news and analysis for retirement plan advisers
Friday, September 01, 2023
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Special Coverage: Health & Wealth
This month’s PLANADVISER special coverage consider trends in health and wealth, including AI in financial wellness, the evolution of HSAs, and a potential litigation wave coming to healthcare fiduciaries.
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Why Almost Half the ‘Sandwich Generation’ is Delaying Retirement
Nearly one out of every two Americans between the ages of 40 and 59 are using retirement savings to support their extended family and adult children, according to new research from Athene.
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
Former American Airlines Pilot Fires Back in Retirement Plan ESG Suit
The plaintiff doubles down on allegations the airline defaulted him into ESG-related funds.
Investment Product and Service Launches
North American Company introduces Goldman Sachs index; Jackson enhances Perspective variable annuity benefit suite; Altruist launches multiple account bundling.
May Climate Funds Be Used in DC Plan Menus?
Yes, as long as they don’t come at the cost of participants’ investment outcomes, according to Wagner Law Group.
Market Mirror Market Mirror Graph

Thursday, the Dow fell 168.33 points (0.48%) to close at 34,721.91, the Nasdaq rose 15.66 points (0.11%) to close at 14,034.97 and the S&P 500 fell 7.21 points (0.16%) to close at 4,507.66. The Russell 2000 lost 3.54 points (0.19%) to close at 1,899.68, and the FT Wilshire 5000 Index lost 52.84 points (0.12%) to close at 45,468.43.

The 10-year Treasury note was unchanged, bringing the yield to 4.115%. The 30-year Treasury bond increased 2/32, bringing the yield to 4.215%.

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