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Weekday news and analysis for retirement plan advisers
Monday, September 11, 2023
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7 Questions Advisers Can Ask Plan Sponsors in Q4
Vestwell’s director of plan design consulting shares a playbook of options advisers can discuss in year-end plan meetings with longtime, new or potential clients.
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Retirement Industry People Moves
Newfront hires Lumban as retirement plan consultant; Vestwell selects new VP; PGIM hires Adler as private alternatives CEO and president; and more.
Today’s Most Read
1. LPL Terminates CEO Arnold for Violating “Respectful Workplace” Rules
2. LPL’s Arnold Has Settlement Chance as Steinmeier Called Worthy Successor
3. Charles Schwab CEO Walt Bettinger to Retire
Prudential, Warburg Pincus Partner on Reinsurance Firm
The two financial firms are launching Prismic Life Reinsurance with $10 billion in reserves.
Adviser Opportunities in Serving the K-12 Education Market
Jim Kiley of Security Benefit outlines the multiple opportunities available to retirement plan advisers with school district employees.
AI Is Reshaping Financial Wellness, but Can It Improve Retirement Savings?
Generative AI is already impacting financial wellness tools, but in coming years, it’s likely to have a greater role in retirement saving and wealth management, according to industry experts.
Market Mirror Market Mirror Graph

Friday, the Dow rose 75.86 points (0.22%) to close at 34,576.59, the Nasdaq rose 12.69 points (0.09%) to close at 13,761.53 and the S&P 500 rose 6.35 points (0.14%) to close at 4,457.49. The Russell 2000 lost 4.21 points (0.23%) to close at 1,851.54, and the FT Wilshire 5000 Index rose 52.83 points (0.12%) to close at 44,941.44.

The 10-year Treasury note fell 23/32, bringing the yield to 4.259%. The 30-year Treasury bond fell rose 1/32, bringing the yield to  4.332%. – will update

For the week ending September 8, the Dow lost 0.75%, the Nasdaq lost 1.93% and the S&P 500 lost 1.29%. The Russell 2000 lost 3.61%, and the FT Wilshire 5000 Index finished 1.46% lower.

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