Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
March 15th, 2016
2016 PLANSPONSOR Plan Sponsors of the Year
2016 Plan Sponsors of the Year
The winners of the 2016 PLANSPONSOR Plan Sponsor of the Year awards show a commitment to their participant’s financial health and retirement success, and are leaders in their respective categories. All maintain best practices in plan administration, with outcomes for others to emulate. See their complete stories online now.Read more >
Benefits & Administration
Instinctive Decision-Making Hurts Retirement Readiness
Instinctive decision makers admit their retirement savings habits are not ideal, and they agree that one-on-one meetings are the best way for them to receive information. A study from Lincoln Financial reveals new ways to motivate participants to take action, and ultimately, help drive better retirement outcomes.Read more >

2023 DC Survey Standouts
Understanding Investments and Fees: A Key Part of Plan Committee Education
TIAA In-Plan Retirement Income Option Reaches $30B
Wellness Program Communication Should Entice Employees
Employers should convey wellness programs as irresistible, not mandatory, according to Andrew Boyd with Virgin Pulse.Read more >
Most Retirees Roll Assets Out of Retirement Plan
A study by the Center for Retirement Income at The American College of Financial Services finds that the majority (62%) of recent retirees with substantial assets in a defined contribution plan at retirement chose to move their assets out of the plan. According to the survey, the main reason retirees rolled over their assets was the probability of improving performance (70%), followed by consolidating assets (68%).Read more >
Retirement Savings Rates Concerning Within Each Demographic
More than one-third of Millennials haven’t even started saving for retirement, and more than half of Gen X has less than $10,000 set aside, according to new research from GOBankingRates.Read more >
Products, Deals and People
Goldman Sachs Acquires Honest Dollar
The Investment Management Division of Goldman Sachs expects the acquisition of Honest Dollar to help expand its services into the start-up and micro-plan markets.Read more >
Market Mirror

Monday, the Dow was up 15.82 points (0.09%) at 17,229.13, the NASDAQ increased 1.81 (0.04%) to 4,750.28, and the S&P 500 slipped 2.55 points (0.13%) to 2,019.64. The Russell 2000 decreased 3.32 points (0.31%) to 1,084.24, and the Wilshire 5000 was down 32.55 points (0.16%) at 20,658.65.

On the NYSE, 3.2 billion shares changed hands, with 1.3 declining issues for every advancing issue. On the NASDAQ, 2.9 billion shares traded, with a slight lead for decliners.

The price of the 10-year Treasury note was up 7/32, decreasing its yield to 1.960%. The price of the 30-year Treasury bond increased 12/32, bringing its yield down to 2.734%.
Small Talk
ON THIS DATE: In 44 BC, Roman Emperor Julius Caesar was assassinated by high ranking Roman Senators. The day is known as the “Ides of March.” In 1781, during the American Revolution, the Battle of Guilford Courthouse took place in North Carolina. British General Cornwallis’ 1,900 soldiers defeated an American force of 4,400. In 1820, Maine was admitted as the 23rd state of the Union. In 1875, the Roman Catholic Archbishop of New York, John McCloskey, was named the first American cardinal. In 1892, Jesse W. Reno patented the Reno Inclined Elevator. It was the first escalator. In 1913, U.S. President Woodrow Wilson held the first open presidential news conference. In 1937, in Chicago, the first blood bank to preserve blood for transfusion by refrigeration was established at the Cook County Hospital. In 1938, oil was discovered in Saudi Arabia. In 1954, CBS television debuted its “Morning Show.” In 1955, the U.S. Air Force unveiled a self-guided missile. In 1989, the U.S. Department of Veteran’s Affairs became the 14th Department in the President’s Cabinet. In 1991, four Los Angeles police officers were indicted in the beating of Rodney King on March 3 of that year.
TRIVIAL PURSUITS: Established in Article II, Section 2, of the Constitution, the Cabinet’s role is to advise the President on any subject he may require relating to the duties of each member’s respective office. Do you know how many departments are in the Cabinet and what they are?Read more >
Share the good news with a friend! Pass the NewsDash along – and tell your friends/associates they can sign up for their own copy.Read more >

Editorial: Alison Cooke Mintzer


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