Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
April 25th, 2019
Benefits & Administration
Avery Dennison Settles DB Plan Liabilities With Annuity Purchase
The firm has transferred $750 million in pension obligations to American General Life Insurance Company, part of AIG’s life and retirement business. Read more >
Voluntary Benefits Have Become Much More Mainstream
Employers’ growing interest in improving their workers’ financial wellness is driving the change, Prudential experts say. Read more >
Industry Voices
5 Time-Tested Guidelines for Effectively Managing Retirement Plans
Diane Wasser, with EisnerAmper LLP, discusses basic best practices or recommendations are often overlooked, which can lead to deficiencies in retirement plan management. Read more >
MOST READ ARTICLES
1
J.P. Morgan Agrees to Settle Stable Value Funds Suit
2
SECURE Act Passes House, Bringing Calls for Senate Collaboration
3
Individuals, Employers and Government All Play a Part in Retirement Readiness
4
Participant Loans: A Fiduciary Storm Brewing?
5
What to Know About Financial Audits Filed with Form 5500s
Compliance
IRS Announces Important Changes to Correction Programs
An IRS Revenue Procedure expands self-correction methods for certain retirement plan document and retirement plan loan failures and provides a new method of correction by plan amendment. Read more >
Market Mirror

Friday, the Dow decreased 59.34 points (0.22%) to 26,597.05, the NASDAQ closed 18.81 points (0.23%) lower at 8,102.02, and the S&P 500 was down 6.43 points (0.22%) at 2,927.25. The Russell 2000 was up 3.04 points (0.19%) at 1,588.13, and the Wilshire 5000 decreased 53.39 points (0.18%) to 30,247.33.

 

The price of the 10-year Treasury note increased 13/32, bringing its yield down to 2.522%. The price of the 30-year Treasury bond climbed 28/32, decreasing its yield to 2.935%.

Investing
Case Study Shows How to Improve Public DB Investment Allocation Process
The San Bernardino County Employees’ Retirement Association uses knowledge management and InvestTech to make better-informed portfolio rebalancing decisions. Read more >
It’s Not Just Millennials and Women Interested in ESG Investing
Research from Morningstar finds most investors, across ages and genders, have clear preferences for environmental, social and governance (ESG) investment products, but another study suggests education is needed for them to actually invest in line with their beliefs. Read more >
Small Talk

ON THIS DATE: In 1846, the Mexican-American War ignited as a result of disputes over claims to Texas boundaries. In 1859, work began on the Suez Canal in Egypt. In 1901, New York became the first state to require license plates for cars. The fee was $1. In 1945, delegates from about 50 countries met in San Francisco to organize the United Nations. In 1953, Senator Wayne Morse ended the longest speech in U.S. Senate history. The speech on the Offshore Oil Bill lasted 22 hours and 26 minutes. In 1959, St. Lawrence Seaway opened to shipping. The water way connects the Great Lakes and the Atlantic Ocean. In 1983, Soviet leader Yuri V. Andropov invited Samantha Smith to visit his country after receiving a letter in which the U.S. schoolgirl expressed fears about nuclear war. In 1990, the U.S. Hubble Space Telescope was placed into Earth’s orbit. It was released by the space shuttle Discovery.

SURVEY SAYS: There are several trade publications that report about retirement plan design, investments, administration and compliance. This week, I’d like to know, how much do you use articles in trade publications to inform decisions about your plan? You may respond to this week’s survey by 6 p.m. Pacific time today. Read more >
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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