Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
July 16th, 2019
Webinar Event
Around the World in 60 Minutes: Global Equity Updates
In this webinar, Barbara Klementz, partner at Baker McKenzie, will take you through the most important tax and legal changes affecting global share plans during the last 6–12 months. She will discuss relevant issues and provide an action plan for steps to take to address these changes. Register now to learn more about the latest tax and regulatory changes and to make sure your global stock plans have kept pace. Read more >
Benefits & Administration
Good Returns Move State Pension Funded Status Higher in Q2
However, Wilshire Consulting attributes much of the improvement in funded status for the trailing 12 months to state employer contributions. Read more >
Sponsors Want More Financial Wellness Offerings from Advisers
Being less optimistic than advisers about participants’ retirement readiness, plan sponsors also want guidance about alternative plan designs and cite increasing defined contribution (DC) plan participation as their biggest challenge, a Voya survey found. Read more >
MOST READ ARTICLES
1
Employer Health Benefit Costs to Rise 6.5% in 2020
2
Avoid Pitfalls to Properly Replacing DC Plan Investments
3
Sidecar Savings Accounts Create Current and Future Financial Security
4
(b)lines Ask the Experts – Can a 401(a) Plan Account be Rolled Into a 403(b) Plan?
5
Plan Sponsors Should Address Financial Squeeze Put on Gen X
Market Mirror

Yesterday, the Dow was up 27.13 points (0.10%) at 27,359.16, the NASDAQ increased 14.04 points (0.17%) to 8,258.19, and the S&P 500 was virtually unchanged at 3,014.30. The Russell 2000 decreased 8.18 points (0.52%) to 1,561.82, and the Wilshire 5000 was down 6.57 points (0.02%) at 30,978.36.

 

The price of the 10-year Treasury note was up 3/32, decreasing its yield to 2.090%. The price of the 30-year Treasury bond increased 31/32, bringing its yield down to 2.608%.

Compliance
Adidas Sued Over Excessive Fees for 401(k) Participants
Plaintiffs in the lawsuit argue that passive funds would have resulted in better returns net of fees that the actively managed funds offered in the plan. Read more >
Industry Voices
Volatility and TDFs: The Good, the Bad and the Unintended
John Greves, Natallia Yazhova and Jake Gilliam, with Charles Schwab, discuss volatility as it relates to target-date funds (TDFs) and how plan sponsors may want to re-examine risk exposures in these vehicles. Read more >
Small Talk

ON THIS DATE: In 1779, American troops under General Anthony Wayne captured Stony Point, New York. In 1790, the District of Columbia, or Washington, D.C., was established as the permanent seat of the United States Government. In 1862, David G. Farragut became the first rear admiral in the U.S. Navy. In 1935, Oklahoma City became the first city in the U.S. to install parking meters. In 1945, the United States detonated the first atomic bomb in a test at Alamogordo, New Mexico. In 1951, J.D. Salinger’s novel “The Catcher in the Rye” was first published. In 1969, Apollo 11 blasted off from Cape Kennedy, Florida, and began the first manned mission to land on the moon. In 1981, after 23 years with the name Datsun, executives of Nissan changed the name of its cars to Nissan. In 2009, in Chicago, Sears Tower was renamed Willis Tower.

TRIVIAL PURSUITS: Interesting facts about octopuses. Read more >
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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