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Insight on Plan Design & Investment Strategy Every Weekday
Data and Research
Recordkeepers Responding to Focus on Emergency Savings
Recordkeepers Responding to Focus on Emergency Savings
Retirement plan recordkeepers are shifting how they see their role in ensuring financial security for participants, and they’re reacting to plan sponsor demand.
Data and Research
Public Sector Employees Need a Push to Supplement Pensions
Public sector employees do not increase savings in DC plans in response to potentially lowered DB benefits or the inability to participate in Social Security.
Most Read
Participants Will Need Support to Understand Lifetime Income Projections
Data and Research
DB Plans Retain Cost Advantage Over DC Plans
Milliman Accused of Failing to Prune Bad Investments From 401(k)
Economic Events
Today, the National Association of Realtors will report about existing home sales for February. Tomorrow, the Census Bureau will report about new home sales for February. Wednesday, the Census Bureau will report about durable goods orders for February. Thursday, the Labor Department will issue its initial claims report.
Market Mirror
Friday, the Dow fell 234.33 points (0.71%) to 32,627.97, the Nasdaq gained 99.07 points (0.76%) to finish at 13,215.24, and the S&P 500 was down 2.36 points (0.06%) at 3,913.10. The Russell 2000 decreased 48.85 points (2.09%) to 2,287.55, and the Wilshire 5000 closed 69.74 points (0.17%) higher at 41,443.08.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.727%. The price of the 30-year Treasury bond was increased 24/32, bringing its yield down to 2.442%.

For the week ending March 19, the Dow was down 0.46%, the Nasdaq finished 0.79% lower, and the S&P 500 decreased 0.77%. The Russell 2000 fell 2.77%, and the Wilshire 5000 lost 1.09%.
Participants More Engaged Than Ever at Work
Now is the time to encourage positive behaviors, especially with health care benefits, sources say.
Deals and People,
Chubb Offers to Acquire The Hartford
Chubb is an insurance-focused firm, leaving the question of what will happen to The Hartford’s mutual fund business.
Retirement Industry People Moves
Voya Financial adds to leadership team; Schroders announces changes within leadership team; Mayer Brown announces new partner in Employment and Benefits group; and more.
Small Talk
ON THIS DATE: In 1765, in an effort to raise funds to pay off debts and defend the vast new American territories won from the French in the Seven Years’ War (1756-1763), the British government passed the Stamp Act. The legislation levied a direct tax on all materials printed for commercial and legal use in the colonies, from newspapers and pamphlets to playing cards and dice. In 1790, Thomas Jefferson became the first U.S. Secretary of State. In 1894, the first playoff competition for the Stanley Cup began. Montreal played Ottawa. In 1903, Niagara Falls ran out of water due to a drought. In 1933, President Franklin D. Roosevelt signed a bill legalizing the sale and possession of beer and wine containing up to 3.2% alcohol. In 1934, the first Masters golf championship began in Augusta, Georgia. In 1935, Persia was renamed Iran. In 1954, the first shopping mall opened in Southfield, Michigan. In 1972, the Equal Rights Amendment, providing for the legal equality of the genders and prohibiting discrimination based on gender, was passed by the Senate and sent to the states for ratification. In 1980, People for Ethical Treatment of Animals (PETA) was founded by Ingrid Newkirk and Alex Pacheco. In 1997, Tara Lipinski, at 14 years and 10 months, became the youngest women’s world figure skating champion.
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