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Weekday news and analysis for retirement plan advisers
Thursday, September 15, 2022
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Social Security Concerns Drive Early Benefit Claims
Almost half of workers surveyed have no strategy to generate retirement income, Schroders finds. While 86% of workers age 45 and older are aware that they could boost Social Security payments by delaying the start of benefits, only 11% plan to put off claiming until age 70—when an individual reaches their maximum monthly benefit.
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Voya Launches Workplace Benefits Digital Platform
The new app will provide individuals with a complete view of their financial picture, inclusive of workplace benefits and savings accounts.
Today’s Most Read
1. Creative Planning CIO Jim Williams Dies at 46
2. Marsh McLennan Agency Sees C-Suite Connection in Retirement, Wealth Advisement
3. Social Security COLA Projected at 3.2% Ahead of October Decision
PANC 2022: Reg BI Compliance Tips From the SEC
The enforcement of Regulation Best Interest is currently one of the major projects at the Securities and Exchange Commission.
Senator Calls for Confirmation Vote on Assistant Secretary of Labor Nominee
Senator Patty Murray takes the 48th anniversary of ERISA to emphasize the importance of having a proper secretary to oversee EBSA.
DOL to Host Webinar on Women’s Retirement Security
The webinar will provide steps women can take that will have a positive impact on their financial future.
PANC 2022: The Psychology and Practicality of Retirement Income
Personalization is required to help people create a paycheck in retirement, says Shlomo Benartzi.
Market Mirror Market Mirror Graph

Wednesday, the Dow inched up 30.12 points (0.10%) to close at 31,135.09, the Nasdaq gained 86.10 points (0.74%) to finish trading at 11,719.678 and the S&P 500 eked out 13.32 points (0.34%) to end at 3,946.01. The Russell 2000 squeezed up 6.89 points (0.38%)  and the Wilshire 5000 extended 435.24 points (1.07%) to close at 41,146.44 .

The price of the 10-year Treasury note was unchanged and the yield decreased to 3.411% . The price of the 30-year Treasury bond increased 28/32 bringing the yield down to 3.463%.

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