Segal Offers Reporting Calendars for Plan Sponsors |
The latest version of The Segal Company’s annual
calendar for single-employer plans summarizes reporting and disclosure
requirements for 2015. The calendar is an at-a-glance compilation of forms,
schedules and notices that retirement and health benefit plan sponsors must
file with each agency or organization—the Department of Health and Human
Services (HHS), the Department of Labor (DOL), the Internal Revenue Service
(IRS) and the Pension Benefit Guaranty Corp. (PBGC)—with a separate list of
disclosures required by the Patient Protection and Affordable Care Act (ACA). Read more > |
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Market Mirror |
Yesterday, the Dow was down
55.16 points (0.31%) at 17,983.07, the NASDAQ fell 29.47 points (0.61%) to
4,777.44, and the S&P 500 lost 10.23 points (0.49%) to finish at 2,080.34.
The Russell 2000 decreased 6.06 points (0.50%) to 1,213.05, and the Wilshire
5000 closed 101.35 points (0.46%) lower at 21,876.17.
On the NYSE, 3.2 billion
shares traded, with a 1.6 to 1 ratio of decliners to advancers. On the NASDAQ,
2.7 billion shares changed hands, with 1.4 declining issues for every advancing
issue.
The price of the 10-year
Treasury note was up 4/32, bringing its yield down to 2.189%. The price of the
30-year Treasury bond increased 10/32, decreasing its yield to 2.758%.
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PLANSPONSOR Research |
PLANSPONSOR 2014 Consultant Buyer’s Guide |
The 2014 Consultant Buyer’s Guide lists consultants to
retirement plans, highlighting what type of consulting they do and what type of
clients they serve. Read more > |
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Investing |
Still Potential for Growth of ETF Use in 401(k)s |
Chuck Self, chief investment officer (CIO) and chief
operating officer (COO) at iSectors LLC, an exchange-traded fund (ETF)
strategist that provides model portfolios to 401(k) plans, admits that ETFs
remain a small portion of the overall defined contribution (DC) investing pool,
but he is optimistic about the future of the product class among retirement
investors—especially those working with specialist advisers. “The whole idea of
getting ETFs into 401(k) plans was purely a conversation until a few
recordkeepers actually started to allow ETFs to be choices on their platforms,”
he tells PLANSPONSOR. “It is a relatively recent event that has occurred in
just the past few years.” Read more > |
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Small Talk |
For the environmentally conscious, here are 10
ways to reuse your Christmas tree, from the Mother Nature Network. Read more > |
Nearly half (49%) of respondents to the 6th
annual New Year’s Resolution Survey from Allianz Life Insurance Company of
North America say health/wellness is the most important focus area for the
upcoming year, up from 43% in 2013. Only 30% of respondents chose financial
stability as their top focus for 2015. This lower level of interest in finances
is consistent with the decline in the percentage of Americans who said they
will include financial planning in their New Year’s resolutions for the
upcoming year. Read more > |
ON
THIS DATE: In 1879,
in the first public demonstration of his incandescent lightbulb, American
inventor Thomas Alva Edison lit up a street in Menlo Park, New Jersey. In 1929, Guy Lombardo and his Royal
Canadians played “Auld Lang Syne” as a New Year’s Eve song for the
first time. In 1972, Hall of Fame
baseball player Roberto Clemente was killed along with four others when the
cargo plane in which he was traveling crashed off the coast of Puerto Rico. In 1985, former teen idol Rick Nelson died
in a plane crash in De Kalb, Texas. In 1999,
the United States, in accordance with the Torrijos-Carter Treaties, officially
handed over control of the Panama Canal, putting the strategic waterway into Panamanian
hands for the first time. |
WEDNESDAY WISDOM: “No one’s ever achieved financial fitness
with a January resolution that’s abandoned by February.” —Suze
Orman, financial adviser and TV personality |
Happy New Year,
everyone! NewsDash will be back in your inbox Friday. |
Share the good news with a friend! Pass the Dash along – and tell your
friends/associates they can sign up for their own copy. Read more > |
News
from PLANSPONSOR.com
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All rights reserved.
No reproduction without prior authorization.
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