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Weekday news and analysis for retirement plan advisers
Wednesday, September 29, 2021
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Now a Fiduciary
A prudent process for rollover advice.
Today’s Most Read
1. TIAA Faces New Managed Account Rollover Complaint Months After Settling SEC Charges
2. DOL Announces Anticipated ESG Fiduciary Investing Rule
3. Plaintiffs Claim Deloitte Breached ERISA Prudence Duties
Gallagher Launches Personalized Wellness Coaching Service
The new Gallagher Money Coaching program is focused on promoting financial well-being and resiliency through personalized coaching.
Antitrust Issues Scuttled Aon-WTW Combo. What Comes Next?
Regulators cited the elimination of competition in filing a civil lawsuit to halt the union of Aon and Willis Towers Watson. As significant consolidation occurs across the financial services industry, some wonder whether similar issues could arise again.
PANC 2021: What the Best Plan Sponsors Expect From Their Advisers
Plan sponsors list their top priorities when working with advisers and recordkeepers.
Market Mirror Market Mirror Graph

Tuesday, the Dow fell 569.38 points (1.63%) to 34,299.99, the Nasdaq lost 423.29 points (2.83%) to finish at 14,546.68, and the S&P 500 closed 90.48 points (2.04%) lower at 4,352.63. The Russell 2000 decreased 51.22 points (2.25%) to 2,229.78, and the Wilshire 5000 plunged 986.07 points (2.13%) to 45,313.66.

The price of the 10-year Treasury note was down 6/32, increasing its yield to 1.545%. The price of the 30-year Treasury bond fell 2 24/32, bringing its yield up to 2.099%.

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