Tag: fiduciary training

Regulatory & compliance | education

Continuous Education

Plan committee members’ fiduciary training should never end.

Servicing Strategies

Hazard Prevention

403(b) sponsors may stave off lawsuits by cleaning up plan governance.

Art by Tim Bower

Fiduciary Fitness

The Extent of Obligation

New committee members need not look for breaches to repair.

Servicing Strategies

Coaching the Committee

What advisers should ensure that members understand

MARKET MIRROR

Friday, the Dow was down 486.27 points (1.62%) to close at 29,590.41, the Nasdaq lost 198.88 points (1.80%) to end trading at 10,867.926 and the S&P 500 fell 64.76 points (1.72%) points to finish at 3,693.23. The Russell 2000 slipped 42.72 points (2.48%) to close at 1,679.59 and the Wilshire 5000 decreased 695.95 points (1.86) to end trading at 36,787.20.

The price of the 10-year Treasury note increased 2/32 bringing the yield down to 3.691%. The price of the 30-year Treasury bond increased 5/32 bringing the yield down to 3.615%.

For the week ending September 23, the Dow was down 4.00%, the Nasdaq fell 5.07% and the S&P 500 lost 4.65%. The Russell 2000 decreased 6.60%, and the Wilshire 5000 ended the week 5.07% lower.