Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
September 25th, 2020
Excessive Fee Lawsuit Filed Against Duke Energy
The drumbeat of Employee Retirement Income Security Act (ERISA) excessive fee lawsuits rolls on. Read more >
Long-Running Church Plan Case Reaches $25M Settlement
The 7th U.S. Circuit Court of Appeals last year overturned a lower court’s decision to summarily dismiss the lawsuit, which argued OSF Healthcare System’s retirement plan should be subject to ERISA protections. Read more >
The Secret to Getting a Gig
Mentorship is key to the adviser industry’s future. Read more >
Warn Your Clients
Sponsors face hard choices about COVID-19 hardship withdrawals. Read more >
MOST READ ARTICLES
1
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
2
Retirement Industry Cheers New ‘Securing a Strong Retirement Act’
3
Gen X Facing the Stark Reality of Retirement
4
IRS Announces Contribution and Benefit Limits for 2021
5
A New World and New Opportunities for Alpha
The Virtue in ESG Factors
These investing strategies reveal a rare source of rapid growth. Read more >
Prospecting in Turbulent Times
Surprisingly, it may be a good time to win new clients. Read more >
Market Mirror
Thursday, the Dow inched upward by 52.31 points (0.20%) to reach 26,815.44, the NASDAQ took on 39.28 additional points (0.37%) to end at 10,672.27, and the S&P 500 was up by 9.67 points (0.30%) to 3,246.59. The Russell 2000 ticked downward by 45.14 points (3.02%) to 1,451.82, and the Wilshire 5000 was up 77.96 points (0.24%) for a 33,245.11 close. The price of the 10-year Treasury note was up 1/32, lowering its yield to 0.665%, and the price of the 30-year Treasury bond was up 26/32, lowering its yield to 1.404%.
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