December 15th, 2020 Insight on Plan Design & Investment Strategy Every Weekday Rules/Regs Eager Reception for ‘SECURE Act 2.0’ The proposed Securing a Strong Retirement Act goes even further to promote employee saving. Opinions Managed Accounts: Key Considerations Peg Knox, with the Defined Contribution Institutional Investment Association (DCIIA), says plan sponsors have many things to review before selecting a managed account for their DC plan. Most Read 1 New Financial Audit Rule Increases Requirements for Plan Sponsors 2 TRIVIAL PURSUITS: What do the M’s stand for in M&Ms? 3 2021 Recordkeeping Survey 4 Participants Missing the Full Match Remains a Big Problem 5 TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?” SPONSORED BY: Natixis Investment Managers Expert Voice: Ed Farrington Executive Vice President, Institutional and Retirement, for Natixis Investment Managers Market Mirror Yesterday, the Dow fell 184.82 points (0.62%) to 29,861.55, the NASDAQ gained 62.17 points (0.50%) to finish at 12,440.04, and the S&P 500 closed 15.97 points (0.44%) lower at 3,647.49. The Russell 2000 was up 2.16 points (0.11%) at 1,913.86, and the Wilshire 5000 decreased 116.67 points (0.30%) to 38,364.33. The price of the 10-year Treasury note was unchanged, with its yield up to 0.901%. The price of the 30-year Treasury bond was down 3/32, increasing its yield to 1.638%. Compliance PBGC Programs in Very Different Positions The single-employer program is improving, but Director Gordon Hartogensis says it’s clear legislative help is needed for the multiemployer program. Investing What Plan Sponsors Should Consider When Selecting Actively Managed Funds Performance history is not the best way to choose the right actively managed funds, and fees should be scrutinized. Guaranteed Income, Private Equity Coming Soon to a TDF Near You Legislation, regulations and market volatility will serve as catalysts for inclusion of income products and private equity in target-date funds, asset managers suggest. SPONSORED BY: E*Trade Considering Provider Support During a Challenging Year Stock plan sponsors reflect on provider response as they navigate administration during the pandemic Small Talk ON THIS DATE: In 1791, following ratification by the state of Virginia, the first 10 amendments to the U.S. Constitution, known collectively as the Bill of Rights, became law. In 1854, in Philadelphia, the first street cleaning machine was put into use. In 1877, Thomas Edison patented the phonograph. In 1890, American Sioux Indian Chief Sitting Bull and 11 other tribe members were killed in Grand River, South Dakota, during an incident with Indian police working for the U.S. government. In 1938, President Franklin D. Roosevelt presided over the ground-breaking ceremonies for the Jefferson Memorial in Washington, D.C. In 1939, “Gone With the Wind,” produced by David O. Selznick and based on the novel by Margaret Mitchell, premiered at Loew’s Grand Theater in Atlanta. In 1961, in Tel Aviv, Israel, Adolf Eichmann, the Nazi SS officer who organized Adolf Hitler’s “final solution of the Jewish question,” was condemned to death by an Israeli war crimes tribunal. In 1966, Walter Elias “Walt” Disney died in Los Angeles at the age of 65. In 1996, Boeing Co. announced plans to pay $13.3 billion to acquire rival aircraft manufacturer McDonnell Douglas Corp. In 1997, the San Francisco 49ers retired Joe Montana’s number 16 during halftime of a game against the Denver Broncos. In 2011, an official end to the war that began in 2003 with the American-led invasion of Iraq was declared in a ceremony held in Baghdad (though fighting continued in subsequent years). TUESDAY TRIVIA: What is the difference between a blizzard and a snowstorm? Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox!

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