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Weekday news and analysis for retirement plan advisers
Monday, September 18, 2023
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Addressing Total Benefits Requires Multiple Perspectives
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As plan advisers become more involved in the total benefits experience, they should seek out an employee benefits broker, said experts at the PLANADVSER National Conference.
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The Psychology of Financial Planning
Understanding how a client thinks and feels about money guides an adviser’s communication with them.
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
Retirement Industry People Moves
Hopkins parts ways with Carson Group; CalPERS CIO Musicco will step down; Nuveen names Nelson global head of public product; and more.
Nationwide: 6 ‘Myths’ and Myth-Busters About In-Plan Retirement Income
The firm's head of product development discusses the perceived myths held by many plan sponsors and some advisers.
When Attorney-Client Privilege Applies Under ERISA
If communications concern plan assets, they may be discoverable during litigation.
Market Mirror Market Mirror Graph

Friday, the Dow fell 288.87 points (0.83%) to close at 34,618.24, the Nasdaq fell 217.72 points (1.56%) to close at 13,708.34 and S&P 500 fell 54.78 points (1.22%) to close at 4,450.32. The Russell 2000 lost 19.60 points (1.05%) to close at 1,847.03, and the FT Wilshire 5000 Index lost 533.04 points (1.17%) to close at 44,849.68.

The 10-year Treasury note decreased 3/32, bringing the yield to 4.333%. The 30-year bond decreased 5/32, bringing the yield to 4.417%. (will update)

For the week ending September 15, the Dow gained 0.12%, the Nasdaq lost 0.39% and the S&P 500 lost 0.16%. The Russell 2000 lost 0.24%, and the FT Wilshire 5000 Index finished 0.20%. 

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