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Bridging the Gap Between Accumulation and Decumulation |
Some participants do not even know that staying in plan can be an option after retirement.
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Women’s Retirement Confidence Has Ebbed Since Start of Pandemic |
A mere 17% of women say they are very confident they will be able to retire comfortably, according to the Transamerica Center for Retirement Studies.
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PANC 2020: Supporting Financial Wellness in the New Workplace |
Financial wellness has taken on a new relevance in the midst of the COVID-19 pandemic. Experts share tips on how advisers can figure out how to offer access to best-in-breed programs to enrich overall benefits programs and participant outcomes.
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PANC 2020: Adviser Industry M&A From an Academic Perspective |
Larger, more established firms are acquiring wealth management and RIA firms.
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Retirement Industry People Moves |
QMA appoints new head of U.S. consultant relations; ABG expands to Midwest with Retirement Plan Consultants; The Wagner Law Group promotes ERISA attorneys; and more.
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Market Mirror |
Friday, the Dow decreased 244.56 points (0.88%) to 27,657.42, the NASDAQ lost 117.00 points (1.07%) to finish at 10,793.28, and the S&P 500 fell 37.54 points (1.12%) to 3,319.47. The Russell 2000 was down 5.82 points (0.38%) at 1,536.78, and the Wilshire 5000 closed 320.43 points (0.93%) lower at 34,055.13.
The price of the 10-year Treasury note was unchanged with its yield up to 0.695%. The price of the 30-year Treasury bond was down 3/32, increasing its yield to 1.452%.
For the week ending September 18, the Dow was up 0.01%, the NASDAQ lost 0.56%, and the S&P 500 finished 0.64% lower. The Russell 2000 climbed 2.64%, and the Wilshire 5000 decreased 0.05%.
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