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Weekday news and analysis for retirement plan advisers
Friday, September 23, 2022
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Data & Research
Employees and Employers Show Disconnect on Workplace Benefits
PA-092222-State of the Workplace Financial Benefits Study-1284636520-web
Morgan Stanley at Work’s second annual study finds that employees value help.
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Compliance
All 3 Defendants Move to Dismiss Cybersecurity ERISA Suit
The defendants are accused of ignoring several red flags, resulting in over $750,000 being stolen from a retirement account.
Today’s Most Read
1. Retirement Industry People Moves
2. Maryland’s State-Run Retirement Program Officially Launches
3. Judge Rules in Favor of Goldman Sachs in ERISA Suit
Product and Service Launches
Purchasing Power introduces financial wellness services and iJoin leverages Coherent’s retirement savers product innovation tool.
Mentorship Is Key to Success for Attracting Diverse Associates
An Edward Jones study finds that most in the advisory community believe seeking out a mentor is the most important focus for diverse associates early in their career.
PANC 2022: Participant Mindsets and Communication Strategies
Financial stresses increase the need for advisers to communicate with participants.
Market Mirror Market Mirror Graph

Thursday, the Dow closed 107.10 points (0.35%) lower at 30,076.68, the Nasdaq lost 153.39 points (1.37%) to finish at 11,066.81, and the S&P 500 was down 31.94 points (0.84%) at 3,757.99. The Russell 2000 decreased 39.85 points (2.26%) to 1,722.31, and the Wilshire 5000 fell 431.81 points (1.14%) to 37,483.16.

 

The price of the 10-year Treasury note decreased 1 4/32, bringing its yield up to 3.708%. The price of the 30-year Treasury bond fell 2 3/32, increasing its yield to 3.640%.

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