Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
August 20th, 2018
Benefits & Administration
Physical, Mental and Financial Wellness Viewed as Equally Important
In collaboration with the National Business Group on Health and Kantar Consulting, Alight Solutions has published its 2018 Consumer Health Mindset Study. The research report is aptly subtitled “engaged and confused,” and it underscores the enormous changes workers have seen over the last decade in the way employers think and talk about employee health and wellbeing. The report also addresses the growing importance of financial wellness programming, both from the perspective of employees and employers.Read more >
Products, Deals and People
Securian Expands Financial Wellness 360 for Plan Sponsors
Back in February, Securian launched a comprehensive financial wellness program for its group insurance customers called Financial Wellness 360. This week the firm introduced a customized version of the financial wellness program for its plan sponsor clients. Among other features, the program delivers worksite seminars allowing employees to learn about financial principles that are relevant to them, including personal finance and retirement strategies.Read more >
Retirement Industry People Moves
LCG Associates Promotes Investment Analyst to Consultant; Mercer Acquires Investment Consulting Brand; AndCo Acquires Public Funds Consulting Practice; and more.Read more >
2021 DC Plan Benchmarking Survey
Working Past Age 65 May Seem Like a Great Idea …
2022 Retirement Industry Trends to Follow
TRIVIAL PURSUITS: Residents of the Island of Misfit Toys
2021 Recordkeeping Survey
Economic Events
THE ECONOMIC WEEK AHEAD: Wednesday, the National Association of Realtors will report about existing home sales in July. Thursday, the Labor Department will issue its initial claims report, and the Census Bureau will report about new home sales in July. Friday, the Census Bureau will report about durable goods orders in July.
Market Mirror

Friday, the Dow was up 110.59 points (0.43%) at 25,669.32, the NASDAQ closed 9.18 points (0.13%) higher at 7,816.33, and the S&P 500 gained 9.44 points (0.33% to 2,850.13. The Russell 2000 gained 7.19 points (0.43%) to finish at 1,692.95, and the Wilshire 5000 was up 99.64 points (0.34%) at 29,709.70.


The price of the 10-year Treasury note was up 1/32, decreasing its yield to 2.861%. The price of the 30-year Treasury bond was up 7/32, decreasing its yield to 3.016%.


WEEK’S WORTH: For the week ending August 17, the Dow rose 1.41%, the S&P 500 was up 0.59%, and the NASDAQ was up 0.36%. The Russell 2000 gained 0.36%, and the Wilshire 5000 finished 0.48% higher.
Sponsored message from MetLife
Is Your Plan Offering the Right Capital Preservation Option?
MetLife’s Tom Schuster and Warren Howe discuss the advantages of Stable Value and why it makes sense in today’s investment climate.Read more >
From the Magazine
ESG Comes to Light
When the world’s corporations, whether through negligence or intention, make mistakes, perform misdeeds or are generally bad citizens, it garners headlines. Gender inequity in the workplace and boardroom, inattention to the environment, or carelessness with customer information are some possible causes—with commensurate impact on earnings and share prices.Read more >
BNY Mellon Master Trust Index Highlights Yearly Growth
The second quarter 2018 update of the BNY Mellon U.S. Master Trust Universe index shows a median return of 0.63%, rebounding to positive performance after posting a negative first quarter result.Read more >
Small Talk
ON THIS DATE: In 1741, Danish navigator Vitus Jonas Bering discovered Alaska. In 1866, the National Labor Union in the U.S. advocated an eight-hour workday. In 1866, it was formally declared by President Andrew Johnson that the American Civil War was over. The fighting had stopped months earlier. In 1882, Tchaikovsky’s “1812 Overture” debuted in Moscow. In 1939, the National Bowling Association was founded in Detroit, Michigan. It was the first bowling association in the U.S. for African-Americans. In 1945, Tommy Brown (Brooklyn Dodgers) became the youngest player to hit a home run in a major league ball game. Brown was 17 years, 8 months and 14 days old. In 1953, it was announced by the Soviet Union that they had detonated a hydrogen bomb. In 1964, a $1 billion anti-poverty measure was signed by President Lyndon B. Johnson. In 1967, the New York Times reported about a noise reduction system for album and tape recording developed by technicians R. and D.W. Dolby. Elektra Record’s subsidiary, Checkmate Records became the first label to use the new Dolby process in its recordings. In 1998, U.S. military forces attacked a terrorist camp in Afghanistan and a chemical plant in Sudan. Both targets were chosen for cruise missile strikes due to their connection with Osama bin Laden. In 2010, the last American combat brigade exited Iraq after more than seven years after the U.S.-led invasion began.
SURVEY SAYS RESPONSES: Last week, I asked NewsDash readers, “Have you ever been demoted at an employer, and if you were demoted now, would you quit your job or stick it out?” Two in ten (21.2%) responding readers reported they have been demoted at an employer, while nearly eight in ten (78.8%) have not.  More than half (58.1%) said they would stick it out if demoted now, and 41.9% said they would quit. In verbatim comments left by readers, many caveated that they would stick it out UNTIL they found a new job. Several said demotions are a sign the employer wants the employee gone, but a few said it could be a good thing. Editor’s Choice goes to the reader who said: I’ve seen demotions work very well in finding a good person a job with a better fit. Positioning should be about both the success of the business and the person.” Thanks to everyone who participated in the survey!Read more >
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Editorial: Alison Cooke Mintzer


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