Plansponsor Logo
Insight on Plan Design & Investment Strategy Every Weekday
Data and Research
Need for Greater Social Security Education Continues
While 89% of U.S. adults said they were at least somewhat confident in their understanding of the benefit, detailed findings from Nationwide show most aren’t as knowledgeable as they think.
Mid-Year Investment Review
Join PLANSPONSOR and investment experts July 15 for a webinar in which they will discuss the performance of equity and fixed income investments in the first half of the year and what is expected in the second half; investment types that are needed in retirement plans and/or target-date funds (TDFs) for participants to create/have proper diversification; and meaningful metrics to use for monitoring and selecting/deselecting investments for retirement plans.
Most Read
2021 Best in Class DC Providers
2021 Recordkeeping Survey
Participants Will Need Support to Understand Lifetime Income Projections
Market Mirror
Wednesday, the Dow gained 104.42 points (0.30%) to finish at 34,681.79, the Nasdaq was up 1.42 points (0.01%) at 14,665.06, and the S&P 500 increased 14.59 points (0.34%) to 4,358.13. The Russell 2000 fell 21.66 points (0.95%) to 2,252.85, and the Wilshire 5000 closed 49.73 points (0.11%) higher at 45,502.82.

The price of the 10-year Treasury note was up 3/32, decreasing its yield to 1.319%. The price of the 30-year Treasury bond increased 32/32, bringing its yield down to 1.938%.
AAA Club Faces ERISA Lawsuit
The plaintiffs say prudent practices followed before a merger of retirement plans were not followed after, and they claim that when the plan switched to cheaper share class TDFs, participant accounts should have been ‘repaired.’
Participants Suing T. Rowe Price Denied Interlocutory Appeal on Document Issue
Plaintiffs in a lawsuit against the financial firm wanted an appellate court to weigh in on whether a document mandating T. Rowe Price funds be offered in its 401(k) plan violated ERISA.
Franklin Templeton Partners With vWise on Personalized Investment Solution
The solution will use both company’s platforms to provide real-time participant data for tailored experiences.
Small Talk
ON THIS DATE: In 1776, the “Liberty Bell” rang out from the tower of the Pennsylvania State House (now Independence Hall) in Philadelphia, summoning citizens to the first public reading of the Declaration of Independence. In 1870, Congress authorized the registration of trademarks. In 1889, The Wall Street Journal began publishing. In 1913, Alfred Carlton Gilbert’s patent for the Erector Set was issued. The Erector Set became one of the most popular toys of all time. In 1932, the Dow Jones Industrial Average hit its low point during the Depression, at 41.22. In 1947, demolition began for the United Nations headquarters in New York City. In 1947, reports were broadcast that a UFO had crash landed in Roswell, New Mexico. In 1977, Sabra Starr finished the longest recorded belly dance (100 hours). In 1979, Voyager 2 took the first ever photo of Jupiter’s satellite Adrastea. In 2011, Atlantis was launched in the final mission of the U.S. Space Shuttle program.
SURVEY SAYS: We recently wrapped up our virtual 2021 PLANSPONSOR National Conference and have been discussing the pros and cons of virtual conferences versus in-person conferences. If you haven’t responded previously, please let us know whether you have attended a virtual conference and what you liked most and least. You may respond to this week’s survey by 6 p.m. Pacific time today.
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
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2022 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850