| Sponsored message from PlanAdviser |
| 2020 Top 100 Retirement Plan Advisers |
| Noteworthy retirement plan specialists, based on number of plans and total assets under advisement.
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| Pandemic Will Have Negative Impact on Retirement Savings |
| In releasing its 2020 Global Retirement Index, the investment manager outlines obstacles to retirement savings but says expanding coverage to more people and pairing that with automatic features can mitigate the challenges.
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| Advisers Giving Back: Renee Scherzer at 401K Resources |
| Two causes that are close to Renee Scherzer’s heart are helping with animal rescues and supporting children in crisis—though her giving efforts expand into many other areas.
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| New Fiduciary Rule Ahead |
| The main theme of the DOL’s new rule proposal is in alignment with other regulators—the SEC and FINRA in particular—but the agency is not surrendering its jurisdiction over tax-qualified retirement plans.
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| 2020 PLANADVISER Recordkeeper Services Survey |
| Recordkeepers’ consistent evolution has led them to offer a wide range of investments, technology and servicing options today.
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| Market Mirror |
| Tuesday, the Dow fell 131.40 points (0.48%) to 27,452.66, the NASDAQ dropped 32.28 points (0.29%) to 11,085.25, and the S&P 500 closed 16.13 points (0.48%) lower at 3,335.47. The Russell 2000 gained 29.82 points (2.02%) to finish at 1,504.73, and the Wilshire 5000 dropped 154.88 points (0.45%) to finish at 34,224.93.
The price of the 10-year Treasury note was up 2/32, decreasing its yield at 0.645%. The price of the 30-year Treasury bond gained 23/32, bringing its yield down to 1.413%.
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