Plansponsor Logo
Insight on Plan Design & Investment Strategy Every Weekday
PSNC 2022: How to Improve Employees’ Financial Wellness
PSNC 2022: How to Improve Employees’ Financial Wellness
Plan sponsors can offer creative, effective financial wellness programs at little cost by partnering with all benefit providers and advisers.
Investment Product and Service Launches
Putnam Investments to launch five new investment strategies; Nationwide adds two new death benefit features; and Broadridge launches multi-account collective investment trust fund.  
Most Read
Churchill Holdings ESOP Participants Sue
Pilot Claims American Airlines Prioritized ‘Underperforming’ ESG Funds
Ask the Experts
When Does a New Plan Have to Meet SECURE 2.0 Mandates?
Interest on a 30-year fixed-rate mortgage averaged 5.23% as of June 9, up from last week when it averaged 5.09%, according to Freddie Mac. A year ago at this time, the 30-year FRM averaged 2.96%. Interest on a 15-year fixed-rate mortgage averaged 4.38%, up from last week when it averaged 4.32%. A year ago at this time, the 15-year FRM averaged 2.23%.

In the week ending June 4, the advance figure for seasonally adjusted initial claims for unemployment insurance was 229,000, an increase of 27,000 from the previous week’s revised level of 202,000, the Labor Department reported. The four-week moving average was 215,000, an increase of 8,000 from the previous week’s revised average of 207,000.
Thursday, the Dow dropped 638.11 points (1.94%) to close at 32,272.79, the Nasdaq was down 332.05 points (2.75%) to 11,754.23, and the S&P 500 decreased 97.95 points (2.38%) to 4.017.82. The Russell 2000 fell 40.15 points (2.12%) to 1,850.86, and the Wilshire 5000 dropped 997.81 points (2.43%) to 40,051.87.
Confirmation Vote for Lisa Gomez Fails in the Senate
Majority Leader Chuck Schumer voted against the confirmation so that it can be brought up again at a later date.
PSNC 2022: Legislation and Regulations Regarding Retirement Income
What do ERISA, the SECURE Act and government regulations say about retirement plan sponsors’ duties in offering retirement income strategies to participants?
PSNC 2022: ESG Definitions and New Developments
What is environmental, social and governance investing? And exactly how new—or not—is it?
ON THIS DATE: In 1692, in Salem Village in the Massachusetts Bay Colony, Bridget Bishop, the first colonist to be tried in the Salem witch trials, was hanged after being found guilty of the practice of witchcraft. In 1752, Benjamin Franklin was said to have flown a kite during a thunderstorm to collect ambient electrical charge in a Leyden jar, enabling him to demonstrate the connection between lightning and electricity. In 1776, the Continental Congress appointed a committee to write a Declaration of Independence. In 1854, the U.S. Naval Academy in Annapolis, Maryland, held its first graduation. In 1935, in Akron, Ohio, Bill Wilson and Dr. Robert Smith, two recovering alcoholics, founded Alcoholics Anonymous (A.A.), a 12-step rehabilitation program that eventually helped countless people cope with alcoholism. In 1948, Chuck Yeager exceeded the speed of sound in the Bell XS-1. In 1954, General Motors announced the gas turbine bus had been produced successfully. In 1983, Johnny Bench announced his plans to retire. He was a catcher in the major leagues for 16 years. In 2015, the movie Jurassic World opened in 60 countries. It became the first movie to make $500 million its opening weekend.
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
©2023 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850