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Weekday news and analysis for retirement plan advisers
Tuesday, September 27, 2022
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What Plan Sponsors Should Expect From a Retirement Plan Adviser
As plan sponsors look to evaluate their relationship with their financial advisers, experts say it is critical that advisers understand more than just retirement.
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Compliance
ERISA Suit Against Exelon Dismissed
The plaintiffs had alleged that their employer maintained expensive and low-performing investment options for plan participants.
Today’s Most Read
1. Nearly Half of Retirees Have No Formal Decumulation Strategy
2. Firefighter Pension Complaint Alleges Insider Trading by United Health Execs, Including Slain CEO
3. 401(k)s and the Courts in 2025
SEC Risk Alert Addresses Marketing Rule Compliance Examinations
The SEC’s new marketing rule is set to take effect on November 4, and the agency’s Division of Examinations says it will be looking at whether policies and procedures “are reasonably designed to prevent violations.”
Lawsuit For Wake Forest University Retirement Plan Proceeds
The judge has allowed the case to go forward and the ‘plaintiffs should be afforded an opportunity to conduct discovery.’
How Participants Have Responded to This Year’s Economy
A T. Rowe Price study shows participants have not changed their loan distribution or withdrawal behavior despite increased inflation and market volatility.
Market Mirror Market Mirror Graph

Monday, the Dow sagged 329.60 points (1.11%) to close at 29,260.81, the Nasdaq dwindled 65.00 points (0.60%) to reach 10,802.922 and the S&P 500 was down 39.19 points 1.03% to close at 3,655.04. The Russell 2000 slipped 23.71 points (1.41%) to end trading at 1,655.88 and the Wilshire 5000 lost 378.92 points (1.03%) to close at 36,408.29.

The price of the 10-year Treasury note decreased 1 30/32 bringing the yield up to 3.923%. The price of the 30-year Treasury bond decreased 2 2/32 brining the yield up to 3.745%.

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