| | Benefits & Administration | | Gen X Confident Retirement Savers | | Generation X seems to have gotten the message
about how important it is to save for retirement, and to start early, an
Ameriprise Financial survey finds. Seventy-seven percent of Gen Xers believe
they are saving enough to afford the kind of lifestyle they want in retirement.
Nearly eight in ten (79%) are saving through a 401(k) retirement plan, and 69%
are investing in an individual retirement account (IRA).Read more > | | | Products, Deals & People | | Known for employee onboarding and human
resources administration solutions, Paycor has launched a new “360-degree
401(k) service” designed to simplify plan management for retirement plan
sponsors, brokers, advisers and third-party administrators.Read more > | | To meet client demand in the New York City area,
HANYS Benefit Services (HBS) expanded operations to a new location in Melville,
New York. The firm provides advisory services, retirement plan offerings and
other employee benefits products.Read more > | | | Sponsored message from PLANSPONSOR | PLANSPONSOR’s 2015 Recordkeeping Survey
Our 2015 Recordkeeping Survey profiles 66 providers seeking to capture sponsor attention with the right balance of value and service.Read more > | | | Market Mirror | | Major U.S.
stock indices closed lower as progress remained elusive in talks between Greece
and its lenders, according to the Associated Press. The Dow fell 178.00 points
(0,98%) to 17,966.07, the NASDAQ decreased 37.68 points (0.73%) to 5,122.41,
and the S&P 500 was down 14.18 points (0.67%) at 2,110.02. The Russell 2000
lost 11.79 points (0.91%) to finish at 1,284.02, and the Wilshire 5000 closed
173.77 points (0.77%) lower at 22,324.82.
On the NYSE,
3.2 billion shares traded, with a more than 2 to 1 lead for decliners. On the
NASDAQ, nearly 2.9 billion shares changed hands, with 2.5 declining issues for
every advancing issue.
The price of the 10-year Treasury note was up 10/32,
decreasing its yield to 2.375%. The price of the 30-year Treasury bond
increased 25/32, bringing its yield down to 3.156%.
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