Plansponsor Logo
PLANSPONSOR NEWSDASH LOGO December 3rd, 2019
Insight on Plan Design & Investment Strategy Every Weekday
Investment Focus
Just Around the Corner?
Just Around the Corner?
Whenever inflation does arrive, there are investments to fight it.
Participants
Help Needed to Curtail Gen X’s Anxiety About Retirement
With competing financial priorities, Generation X can benefit from automated savings, savings education and access to a financial adviser.
Most Read
Compliance
IRS Announces 2020 Contribution and Benefit Limits
Benefits
Social Security Administration Announced COLA for 2020
Investing
Updating TDFs to Provide Better Retirement Income
Products
Wolters Kluwer Launches Suite of Benefits Insight and Tools
Attorneys, corporate counsel, and ERISA professionals can gain hands-on knowledge to efficiently create and manage retirement and welfare benefits plans.
SPONSORED BY: ADP
Employers can help address financial challenges that employees face
Employees are feeling on firmer footing and taking positive steps in their finances. Yet some find themselves struggling with the most basic of financial planning needs. Offering a financial wellness program can be a life-changing benefit for workers.
Economic Events
Construction spending during October was estimated at a seasonally adjusted annual rate of $1,291.1 billion, 0.8% below the revised September estimate of $1,301.8 billion, the Census Bureau announced. The October figure is 1.1% above the October 2018 estimate of $1,277.4 billion. During the first ten months of this year, construction spending amounted to $1,086.5 billion, 1.7% below the $1,105.2 billion for the same period in 2018.
Market Mirror
Yesterday, the Dow lost 268.37 points (0.96%) to finish at 27,783.04, the NASDAQ closed 97.48 points (1.13%) lower at 8,567.99, and the S&P 500 decreased 27.11 points (0.86%) to 3,113.87. The Russell 2000 was down 16.92 points (1.04%) at 1,607.58, and the Wilshire 5000 fell 290.44 points (0.91%) to 31,735.42.

The price of the 10-year Treasury note was down 4/32, increasing its yield to 1.822%. The price of the 30-year Treasury bond decreased 15/32, bringing its yield up to 2.271%.
Compliance
DOL Enforcement Efforts Are Wide-Ranging
While the DOL’s Employee Benefit Security Administration is diligent in protecting employees’ benefits, plan sponsors can also turn to it for help and guidance.
Court Finds Private Equity Funds Not Liable for Plan Withdrawal Liability
An appellate court found a partnership test set forth in a previous case had not been met between the private equity funds and a member of a multiemployer pension plan.
SPONSORED BY: Ayco
Ayco’s 2019 Executive Benefits Survey
A benchmark of Corporate America’s executive benefits and perquisites landscape from a third of the S&P 100.
Small Talk
ON THIS DATE: In 1818, Illinois was admitted as the 21st state of the union. In 1828, Andrew Jackson was elected president of the United States. In 1833, Oberlin College in Ohio opened as the first truly coeducational school of higher education in the United States. In 1931, Alka Seltzer was sold for the first time. In 1947, the Tennessee Williams play “A Streetcar Named Desire” opened at Broadway’s Ethel Barrymore Theater. In 1950, Paul Harvey began his national radio broadcast. In 1967, in Cape Town, South Africa, a team of surgeons headed by Dr. Christian Barnard, performed the first human heart transplant on Louis Washkansky. In 1973, Pioneer 10 sent back the first close-up images of Jupiter. In 1997, Pierce Brosnan received a star on the Hollywood Walk of Fame. In 1999, Tori Murden became the first woman to row across the Atlantic Ocean alone. It took her 81 days to reach the French Caribbean island of Guadeloupe from the Canary Islands.
TRIVIAL PURSUITS: What is the best-selling Christmas song?
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Strategic Insight was recently acquired by ISS. Learn more.
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2019 Institutional Shareholder Services Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850