| | Innovation at Work | | The final session at the PLANSPONSOR National Conference explored how one company’s innovative plan design extends prospects for retirement readiness to all of its full-timers, regardless of income level.Read more > | | Offering Participant Advice—Advisers, Third-Party Solutions | | Panelists at the PLANSPONSOR National Conference discussed the difference between education and advice, and walking the line between the two.Read more > | | Millennials Select Financial Security as Top Priority | | Being born and raised in the 1980s and 90s—when technological advances commenced—would inherently turn Millennials into tech addicts, engrossed in the habitual use of smartphones and social media. Not so, according to a study by Voya Financial’s Annuities and Individual Life business, which revealed Millennials are more concerned about their financial security rather than the latest Facebook update. In fact, 56% of Millennials surveyed said they would opt to save their financial security over smartphones, cars or vacations.Read more > | | | Sponsored message from First State Investments | First State Investments
How Real Estate & Infrastructure play different roles in a portfolioRead more > | | | Market Mirror | Yesterday, the Dow gained 144.71 points (0.68%) to finish at 21,528.99, the NASDAQ closed 87.25 points (1.42%) higher at 6,239.01, and the S&P 500 increased 20.31 points (0.83%) to 2,453.46. The Russell 2000 was up 11.36 points (0.81%) at 1,418.08, and the Wilshire 5000 climbed 169.89 points (0.67%) to 24,436.50.
The price of the 10-year Treasury note decreased 11/32, bringing its yiel dup to 2.190%. The price of the 30-year Treasury bond was down 5/32, increasing its yield to 2.784%. | | | From the Magazine | | PS Coach: Participant FAQ's | | Retirement plan participants will always have questions, and plan sponsors, as fiduciaries, should have proper answers when these arise. This article presents some common queries, and suggestions for how plan sponsors might respond.Read more > | | | Small Talk | | ON THIS DATE: In 1782, the U.S. Congress approved the Great Seal of the United States. In 1863, West Virginia became the 35th state to join the U.S. In 1863, the National Bank of Philadelphia in Philadelphia, PA, became the first bank to receive a charter from the U.S. Congress. In 1941, the U.S. Army Air Forces was established, replacing the Army Air Corps. In 1947, Benjamin “Bugsy” Siegel was murdered in Beverly Hills, California, at the order of mob associates angered over the soaring costs of his project, the Flamingo resort in Las Vegas. In 1950, Willie Mays graduated from high school and immediately signed with the New York Giants. In 1955, the AFL and CIO agreed to combine names and a merge into a single group. In 1963, the United States and Soviet Union signed an agreement to set up a hot line communication link between the two countries. In 1967, boxer Muhammad Ali was convicted in Houston of violating Selective Service laws by refusing to be drafted. The U.S. Supreme Court later overturned the conviction. In 1977, the Trans-Alaska Pipeline began operation. In 1983, the U.S. Supreme Court ruled that employers must treat male and female workers equally in providing health benefits for their spouses. In 1997, the tobacco industry agreed to a massive settlement in exchange for major relief from mounting lawsuits and legal bills. | | TRIVIAL PURSUITS: Is Hong Kong a city in China?Read more > | | Share the news with a friend! Pass the NewsDash along—and tell your friends/associates they can sign up for their own copy.Read more > |
|
