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Tag: Tufts

Products May 4th, 2023

Investment Product and Service Launches

Allianz Life enhances variable annuities; Brighthouse Financial improves Shield Level Annuities Product Suite; and more.

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Client Service
Human Interest Offers 3% Cash Back for New Retirement Savers
Deals & People
Franklin Templeton to Acquire Putnam for $925 Million
Deals & People
Retirement Industry People Moves
Compliance
Congress Says It Will Fix at Least 4 Errors in SECURE 2.0
Deals & People
Vestwell Partners With Payroll Provider Gusto on Integrated 401(k)

Practice Management
House Passes Small Entity Update Act to Evaluate Size Cutoff for Advisories
Compliance
Congress Says It Will Fix at Least 4 Errors in SECURE 2.0
Practice Management
Advisers Managing Heightened Retirement Plan Committee Turnover
Compliance
Lawsuit Against Northern Trust Over TDFs Will Proceed
Keeping Them Happy

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Client Material: Consolidating Retirement Accounts
Sponsored by MFS Investment Management

MARKET MIRROR

Wednesday, the Dow rose 91.74 points (0.27%) to close at 33,665.02, the Nasdaq fell 171.52 points (1.29%) to close at 13,104.90 and the S&P 500 fell 16.33 points (0.38%) to close at 4,267.52. The Russell 2000 rose 33.05 points (1.78%) to close at 1,888.45, and the FT Wilshire 5000 Index fell 97.71 points (0.23%) to close at 43,166.50.

The price of the 10-year Treasury note fell 32/32, bringing the yield to 3.799%. The price of the 30-year Treasury bond fell 1 29/32, bringing the yield to 3.950%.

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