| | Benefits & Administration | | Peer Power: How Participants Can Help Each Other | | Retirement plan providers have been testing
behavioral science themes with retirement plan participants, and positive
outcomes are clearly emerging from the effort. Steve Jenks, head of marketing
at Empower Retirement, says Empower has found peers to be very powerful
motivators for retirement plan participants.Read more > | | | Products, Deals & People | | MillenniuM Investment and Retirement Advisors
(MIRA), an independent, employee-owned investment advisory and TriCore, which
offers human capital management, are partnering in plan service offerings. As well
as flat-dollar administrative fees and an all-institutional fund lineup, the
plan program offers a complete range of fiduciary services as defined by the
Employee Retirement Income Security Act (ERISA), under the section that
outlines the named independent fiduciary: full-scope 3(21); 3(38) and 3(16).Read more > | | | Economic Events | | On a seasonally adjusted basis, the
Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% in March, the
same increase as in February, according to the Bureau of Labor Statistics. The
index for all items less food and energy rose 0.2% in March, also the same
increase as in February.
Real average hourly earnings increased
by 0.1 percent in March, seasonally adjusted. Average hourly earnings increased
by 0.3 percent and the CPI-U increased by 0.2 percent. Real average weekly
earnings decreased by 0.2 percent over the month.
THE
ECONOMIC WEEK AHEAD: Wednesday,
the National Association of Realtors will report about existing home sales for
March. Thursday, the Labor
Department will issue its initial claims report, and the Census Bureau will
report about new home sales for March. Friday,
the Census Bureau will report about durable goods orders for March.
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