| | Products, Deals and People | | John Hancock Offers Retirement Plan Account Information Via Alexa | | Participants in plans serviced by John Hancock can hear their account and loan balances, fund allocations, personal rates of return, contact information for the plan, and more.Read more > | | | Market Mirror | Yesterday, the Dow closed 27.53 points (0.10%) lower at 26,384.77, the NASDAQ decreased 8.15 points (0.10%) to 7,976.01, and the S&P 500 was down 1.83 points (0.06%) at 2,905.58. The Russell 2000 fell 5.63 points (0.36%) to 1,579.17, and the Wilshire 5000 lost 29.52 points (0.10%) to finish at 30,030.42. The price of the 10-year Treasury note was up 5/32, decreasing its yield to 2.552%. The price of the 30-year Treasury bond increased 6/32, bringing its yield down to 2.968%. | | | Webcast Event | | Fiduciary Focus: Is 401(k) Loan Risk on Your Radar? | | Do plan sponsors have a false sense of security about the fiduciary risks of 401(k) loans? Under ERISA, participant loans must be managed with the same prudence and oversight required of any plan investment. However, according to academic and industry studies, loans default at alarming rates, especially when participants lose their jobs.Read more > | | | From the Magazine | | Behavioral Strategies to Help Participants See the Long Term | | Sarah Newcomb, Ph.D., senior behavioral scientist at Morningstar, works to incorporate insights from psychology into products and services to help people make healthy financial decisions. Her research includes a focus on how the phenomenon of psychological distance affects financial behavior. For example, in a recent study, “The Comparison Trap,” Newcomb looks at how social comparisons affect our financial well-being.Read more > | | | Small Talk | | ON THIS DATE: In 1705, Queen Anne of England knighted Isaac Newton. In 1818, the Senate ratified the Rush-Bagot amendment to form an unarmed U.S.-Canada border. In 1900, the first book of postage stamps was issued. The two-cent stamps were available in books of 12, 24 and 48 stamps. In 1905, Andrew Carnegie donated $10,000,000 of personal money to set up the Carnegie Foundation for the Advancement of Teaching. In 1945, American troops entered Nuremberg, Germany. In 1962, Walter Cronkite began anchoring “The CBS Evening News.” In 1968, the Pentagon announced that troops would begin coming home from Vietnam. In 1968, major league baseball’s longest night game was played when the Houston Astros defeated the New York Mets 1-0. The 24 innings took six hours, six minutes to play. In 1972, Apollo 16 blasted off on a voyage to the moon. It was the fifth manned moon landing. In 1999, Wayne Gretzky announced his retirement from the National Hockey League (NHL). In 2007, in Blacksburg, Virginia, a student killed 33 people at Virginia Tech before killing himself. | | TRIVIAL PURSUITS: What makes certain people more attractive to mosquitos?Read more > | | Share the news with a friend! Pass the NewsDash along and tell your friends/associates they can sign up for their own copy.Read more > |
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