April 29th, 2025 Insight on Plan Design & Investment Strategy Every Weekday Compliance House Republicans Draft Cuts to Federal Employee Pensions The changes would cause many government workers to contribute more, while receiving reduced benefits. Compliance Senate HELP Committee Chair Recommends Reforms to Drug-Pricing Program  A 195-page report from Senator Bill Cassidy called for major reforms, insisting low-income patients are not benefiting from intended benefits.   Most Read Compliance ERISA Attorneys Call for Restoration of PBGC Pension Guarantees Benefits How to Make the Most of Increasing Longevity Benefits HSA Providers Fidelity, HealthEquity, HSA Bank, Saturna Earn High Marks from Morningstar MARKET MIRROR Monday the Dow rose 114.09points (0.28%) to close at 40,227.59, the Nasdaq dropped 16.81 points (0.10%) to close at 17,366.13 and the S&P 500 rose 3.54 points (0.10%) to close at 5,528.75. The Russell 2000 rose 7.93 points (0.41%) to close at 1,965.55, and the FT Wilshire 5000 Index rose 58.57 points (0.11%) to close at 55,151.72. The 10-year Treasury note increased 2/32, bringing the yield to 4.211%. The 30-year Treasury bond rose 26/32, bringing the yield to 4.687%. VIDEOS PLANSPONSOR Roadmap: Health Plan Fiduciary Duties – Fiduciary Process Action Plan Tips and information on how best to manage health benefit plan fiduciary duties—from creating committees to documenting processes to training committee members and staff. EVENTS Register for 2025 PLANSPONSOR National Conference Don’t miss the unique cross section of the retirement plan industry and engaging and insightful presentations and panel discussions throughout the conference, taking place at the Chicago Marriott Downtown Magnificent Mile, June 3 – 6, 2025. Find agendas for the half-day immersive workshops and the rest of the event at this link: SMALL TALK ON THIS DATE: In 1429, French national heroine Joan of Arc and her troops entered the besieged city of Orléans during the Hundred Years’ War. In 1770, British explorer James Cook made his first landing in Australia, at Botany Bay. In 1899, American composer, bandleader, and pianist Duke Ellington, among the most significant figures in jazz history, was born. In 1954, comedian Jerry Seinfeld, whose television show Seinfeld was a landmark of American pop culture in the late 20th century, was born in Brooklyn, New York. In 2018, the animated TV series The Simpsons aired its 636th episode to become the longest-running scripted prime-time show in the U.S. In 2011, Prince William of Wales, second in line to the British throne, married his longtime girlfriend, Catherine Middleton. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2025 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850