Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
August 15th, 2019

LDI 2.0

Defined benefit plan sponsors are branching out from the traditional equity/bond liability-driven investing (LDI) portfolio, adding diversification as well as addressing short-term cash flow needs.Read more >
Benefits & Administration
Health Benefit Plan Sponsors Focusing on High-Cost Claims
Plan sponsors are considering changes to health plan design as well as health care delivery models, with strategies to address high-cost claims in mind.Read more >
Products, Deals and People
Mobile App From Principal Designed to Make Account Transactions Quick and Easy
“The app has the transactional excellence that people expect coupled with moments of education and celebration to help our customers build confidence,” says Joleen Workman, with Principal.Read more >
Custom Portfolio Fees, Allocations Questioned in ERISA Complaint
Retirement plan fiduciaries at Intel are accused of failing to properly monitor and evaluate “unconventional, high-risk allocation models” adopted within the company’s custom target-date funds.Read more >
New Financial Audit Rule Increases Requirements for Plan Sponsors
TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?
Participants Missing the Full Match Remains a Big Problem
2021 Recordkeeping Survey
Parties in Church Plan Lawsuit Finally Get Preliminary Approval of Settlement
Sponsored message from Ayco
Video-Changes to tax withholding and the new W-4
How new legislation could be affecting your employees.Read more >
Market Mirror

Wednesday, the Dow dropped 800.49 points (3.05%) to 25,479.42, the NASDAQ fell 242.42 points (3.02%) to 7,773.94, and the S&P 500 lost 85.72 points (2.93%) to finish at 2,840.60. The Russell 2000 stumbled 43.05 points (2.85%) to 1,467.52, and the Wilshire 5000 plunged 872.48 points (2.91%) to 29,107.05.


The price of the 10-year Treasury note increased 1 1/32, bringing its yield down to 1.581%. The price of the 30-year Treasury bond climbed 3 24/32, decreasing its yield to 2.020%.
From the Magazine
Equity Factor Investing
Institutional investors are always looking for an edge to improve their portfolio performance. A current candidate when it comes to equity investing is the use of factors. Factor investing brings quantitative rigor to sizing up the returns of stock markets, to gauging the success of active managers, and to building distinct portfolios. There is no consensus on how many factors drive stocks or how exactly to define those factors, but their application to equities adds a new analytical dimension to traditional equity styles and gives sponsors greater precision and transparency in understanding what moves their portfolios.Read more >
Small Talk
ON THIS DATE: In 1848, the dental chair was patented by M. Waldo Hanchett. In 1877, Thomas Edison wrote to the president of the Telegraph Company in Pittsburgh, Pennsylvania, stating that the word, “hello” would be a more appropriate greeting than “ahoy” when answering the telephone. In 1911, the product Crisco was introduced by Procter & Gamble Company. In 1914, the Panama Canal was officially opened to commercial traffic as an American ship sailed from the Atlantic to the Pacific Ocean. The first vessel to pass through the canal was the American cargo and passenger ship SS Ancon. In 1939, “The Wizard of Oz” premiered in Hollywood, California. In 1948, CBS-TV inaugurated the first nightly news broadcast with anchorman Douglas Edwards. In 1986, the Senate approved a package of economic sanctions against South Africa. The ban included the importing of steel, uranium, textiles, coal and produce from South Africa. In 1994, the Social Security Administration became an independent government agency. It had been a part of the Department of Health and Human Services. In 2001, astronomers announced the discovery of the first solar system outside our own. They had discovered two planets orbiting a star in the Big Dipper. In 2011, Google announced that it would acquire Motorola Mobility for $12.5 billion.
SURVEY SAYS: Several surveys lately say employees are actively looking for new jobs. The days of sticking with an employer from a young age until retirement are gone. This week, I’d like to know, how many jobs have you had since finishing your education? 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


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