Plansponsor Logo
PLANSPONSOR NEWSDASH LOGO July 29th, 2020
Insight on Plan Design & Investment Strategy Every Weekday
Wellness Strategies
Debt Busters
Debt Busters
How employers can help their workers repay their college loans.
Data and Research
Higher Participation Measured, Including in Roth Accounts
The steady increase in the use of the Roth 401(k) option comes as overall qualified plan participation continues to increase.
Most Read
Compliance
Recent Acts Will Require Plan Amendments
Deals and People
Principal-Wells Fargo Integration on Track for 2021 Completion
Products
Nationwide to Waive Fees for New Retirement Plan Clients in 2020
Market Mirror
Tuesday, the Dow was down 205.49 points (0.77%) at 26,379.28, the NASDAQ shed 134.18 points (1.27%) to end at 10,402.09, and the S&P 500 decreased 20.97 points (0.65%) to 3,218.44. The Russell 2000 closed 14.90 points (1.00%) lower at 1,469.76, and the Wilshire 5000 lost 236.60 points (0.72%) to finish at 32,849.73.

The price of the 10-year Treasury note was up 3/32, decreasing its yield to 0.583%, and the price of the 30-year Treasury bond increased 32/32, bringing its yield down to 1.219%.
Compliance
8th Circuit Affirms Wells Fargo’s Win in Stock Drop Challenge
The plaintiffs failed twice to meet the so-called ‘Dudenhoeffer pleading standard’ before the U.S. District Court for the District of Minnesota, and now their appeal has been rejected by the 8th Circuit.
VALIC Financial Advisors Charged With Disclosure Failures
The SEC says VALIC Financial Advisors failed to disclose to Florida teachers practices that generated millions of dollars in fees and other financial benefits for the firm.
Ask the Experts
Providing Employer Contributions to Some Employees and Not Others
“Can 403(b) and 457(b) plans of public entities provide employer contributions to some employees and not to others?”
Small Talk
ON THIS DATE: In 1909, the newly formed General Motors Corporation (GM) acquired the country’s leading luxury automaker, the Cadillac Automobile Company, for $4.5 million. In 1950, Disney’s adaptation of Robert Louis Stevenson’s “Treasure Island” was released. In 1958, Congress passed legislation establishing the National Aeronautics and Space Administration (NASA). In 2005, astronomers announced that they had discovered a new planet (Xena) larger than Pluto in orbit around the sun.
WEDNESDAY WISDOM: “Everything’s got a moral, if only you can find it.”—Lewis Carroll, writer
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
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2020 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850