Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
March 19th, 2019

Get to Know Our Plan Sponsor of the Year Finalists

Profiles are now online for PLANSPONSOR’s 2019 Plan Sponsor of the Year finalists in the Corporate 401(k) <$25MM category and the Corporate 401(k) >$25MM-$50MM category. Read more >
Benefits & Administration
HUB Announces Launch of AHP Under New DOL Rules
HUB International Limited has announced what it says is one of the nation’s first association health plans (AHPs) under the Department of Labor’s (DOL)’s new AHP rules. Last June, the DOL finalized regulations to expand the opportunity to offer employment-based health insurance to small businesses through AHPs. Read more >
Products, Deals and People
MassMutual Introduces Financial and Benefits Planning Tool
MapMyFinances replaces MapMyBenefits and creates a to-do list of simple, actionable steps to help employees reach their financial goals. Read more >
ERISApedia Announces Availability of 403(b) Plan eSource
The new publication is authored by industry expert S. Derrin Watson, J.D., and Timothy McCutcheon, J.D., publisher of ERISApedia.com, says it will be “the ‘go-to’ resource for 403(b) professionals and will allow 403(b) professionals to find answers to their compliance questions easily and quickly.” Read more >
MOST READ ARTICLES
1
Employer-Provided Student Loan Repayment Programs Have Pros and Cons
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‘Modern Tontine Theorists’ Have Ideas for Retirement Savings Decumulation
3
Gen X Struggling Most With Retirement Readiness and Confidence
4
Retirement Plan Sponsors' Interest in Retirement Income Is on the Rise
5
(b)lines Ask the Experts – Employer Contribution Calculation When Moving from Union to Non-Union 403(b)
Market Mirror

Yesterday, the Dow was up 65.23 points (0.25%) at 25,914.10, the NASDAQ increased 25.95 points (0.34%) to 7,714.48, and the S&P 500 closed 10.46 points (0.37%) higher at 2,832.94. The Russell 2000 climbed 10.39 points (0.67%) to 1,563.93, and the Wilshire 5000 gained 129.08 points (0.44%) to finish at 29,322.83.

 

The price of the 10-year Treasury note decreased 3/32, bringing its yield up to 2.603%. The price of the 30-year Treasury bond was down 1/32, increasing its yield to 3.014%.

Compliance
Plaintiffs in Putnam Self-Dealing Case Ask Supreme Court to Deny Review
Among other things, they say Putnam exaggerated the Circuit split regarding who bears the burden of proving loss causation and it filed its petition prematurely because a final decision in the case has not been made. Read more >
SEC Says Public Pension Funds Duped by County Manager
The regulator says a romantic interest led a county manager in Georgia to recommend one investment adviser over others to three public pension fund boards. Read more >
Investing
Future Market Expectations Leading Institutional Investors to Diversify
The Fidelity Global Institutional Investor Survey found that institutional investors around the world are looking for new sources of alpha (positive investment performance), particularly active, non-traditional passive, alternative, unconstrained and derivatives investments. Fidelity finds some difference between how larger and smaller institutions plan to diversify. Read more >
Small Talk

ON THIS DATE: In 1687, French explorer René-Robert Cavelier, Sieur de La Salle, was murdered by his own men while searching for the mouth of the Mississippi River, in the Gulf of Mexico. In 1865, the Battle of Bentonville took place. The Confederates retreated from Greenville, North Carolina. In 1903, the Senate ratified the Cuban treaty, gaining naval bases in Guantanamo and Bahia Honda. In 1917, the U.S. Supreme Court upheld the Adamson Act that made the eight-hour workday for railroads constitutional. In 1918, Congress approved Daylight-Saving Time. In 1945, about 800 people were killed as Japanese kamikaze planes attacked the U.S. carrier Franklin off Japan. In 1953, the Academy Awards aired on television for the first time. In 1977, the last episode of “The Mary Tyler Moore Show” aired. In 1981, the Buffalo Sabres set an NHL record when they scored 9 goals in one period against Toronto. In 2002, actor Ben Kingsley was knighted by Queen Elizabeth II at Buckingham Palace.

TRIVIAL PURSUITS: What is mincemeat? Read more >
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: Paul Zampitella paul.zampitella@strategic-i.com

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