Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
September 17th, 2018
A ‘Brittle’ Financial System Persists, 10 Years After Crisis
Lessons have been learned, but experts still worry about the “brittleness” of the U.S. and global financial system Read more >
Wilmington Trust Dodges M&T Bank Proprietary Funds Suit
Wilmington Trust subsidiaries were found not to be fiduciaries, but other claims against the M&T Bank retirement plan committee were moved forward. Read more >
Church Failed to Provide Retirement Benefits to Former Employees
Its former executive pastor and his wife presented evidence showing that supplemental retirement benefits were improperly taken in November 2011 and placed in the church’s building campaign. Read more >
Partnership Offers Advisers Chance to Build 401(k) Business
By partnering with RPAG, Voya Financial Advisors wealth advisers will have an opportunity to grow their business in the 401(k) space. Read more >
MOST READ ARTICLES
Sponsored message from Voya
Target Date Fund Selection: More than Active vs. Passive
Learn why glide path and asset allocation matter more than active or passive in TDFs. Read more >
HD Vest, Envestnet Partner on Tools to Help Advisers Grow Their Business
These include model management, proposal generation, unified managed accounts, overlay models, online reporting and the consolidation of plan data. Read more >
Retirement Industry People Moves
Stadion Names New Retirement Strategies CIO; Nationwide Names New Marketing Leader; Experienced ERISA Experts Join Steptoe & Johnson LLP; and more. Read more >
Market Mirror
Friday, the Dow was up 8.68 points (0.03%) at 26,154.67, the NASDAQ was down 3.67 points (0.05%) at 8,010.04, and the S&P 500 was virtually unchanged at 2,905.01. The Russell 2000 closed 7.40 points (0.43%) higher at 1,721.72, and the Wilshire 5000 increased 30.12 points (0.10%) to 30,275.52.   The price of the 10-year Treasury note was down 5/32, increasing its yield to 2.991%. The price of the 30-year Treasury bond decreased 13/32, bringing its yield up to 3.131%.   WEEK’S WORTH: For the week ending September 14, the Dow increased 0.92%, the NASDAQ climbed 1.36%, and the S&P 500 finished 1.16% higher. The Russell 2000 was up 0.50%, and the Wilshire 5000 gained 1.19%.
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