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September 11th, 2020 |
DOL Proposal Likely to Dampen Proxy Voting, Shareholder Engagement | As with its guidance related to environmental, social and governance investing, the Department of Labor’s stance on proxy voting and other forms of retirement plan investor shareholder rights has become a political football.
Read more > | | People of Color Report Limited Retirement Investments | They also say they are not making headway on their retirement goals.
Read more > | | LAST CHANCE TO REGISTER! | Attention! The 2020 Digital PLANADVISER National Conference kicks off Monday morning, meaning this is your last chance to register. The 2020 agenda tackles client service, practice management, investments and regulatory challenges with a current focus. Our recently-added speakers include epidemiologist and pandemic expert Dr. Larry Brilliant—along with other thought leaders, such as Mark Bruno, managing director at ECHELON Partners and David Tabak of NERA Economic Consulting. You will also have a chance to connect digitally with many of our past Top 100 and Adviser of the Year winners. Don’t miss out!
Read more > | | Investing Against COVID-19 | The varying routes three fund managers take to fight the pandemic for investors
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To Each Their Own | Advisers look to recordkeepers for savings vehicles—including SEP and SIMPLE IRAs— to equip employers of all sizes
Read more > | | Prospecting in Turbulent Times | Surprisingly, it may be a good time to win new clients.
Read more > | | Market Mirror | Thursday, the Dow decreased 405.89 points (1.45%) to 27,534.58, the NASDAQ fell 221.97 points (1.99%) to 10,919.59, and the S&P 500 lost 59.77 points (1.76%) to finish at 3,339.19. The Russell 2000 was down 18.73 points (1.23%) at 1,507.75, and the Wilshire 5000 closed 564.49 points (1.63%) lower at 34,094.55.
The price of the 10-year Treasury note was up 2/32, decreasing its yield to 0.680%. The price of the 30-year Treasury bond increased 30/32, bringing its yield down to 1.423%.
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