Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
March 30th, 2016
Benefits & Administration
Study Shows Value of Wellness Programs
A three-year study by Humana suggests engagement in wellness programs lowers health claims costs and improves work productivity.Read more >
Millennials' Financial Myths Debunked
Even if it’s only 1% of your income to start with, it’s critical to start early to save for retirement, Northwestern Mutual says.Read more >
Products, Deals and People
Company Offers Financial Fitness Score for Employers
Financial Fitness Group (FFG), for a limited time, is offering employers the ability to determine their “Financial Fitness Score”—for free. The “Financial Fitness Score” benchmarks the personal financial health of an organization’s employees by measuring their knowledge, attitudes and beliefs about their personal finances.Read more >
MOST READ ARTICLES
1
The DOL Has Begun Retirement Plan Cybersecurity Audits
2
2021 Target-Date Fund Survey
3
2020 Recordkeeping Survey
4
Differences Between Safe Harbor and Traditional DC Plans
5
FRIDAY FUN - June 18, 2021
Economic Events
The Conference Board Consumer Confidence Index, which had decreased in February, improved in March. The Index now stands at 96.2 (1985=100), up from 94.0 in February. The Present Situation Index declined moderately from 115.0 to 113.5, while the Expectations Index increased from 79.9 to 84.7 in March.
Market Mirror

Stocks closed at their highest level of the year Tuesday as investors welcomed the latest signal from the Federal Reserve that it will move slowly to raise interest rates, the Associated Press reports. The Dow gained 97.72 points (0.56%) to finish at 17,633.11, the NASDAQ closed 79.84 points (1.67%) higher at 4,846.62, and the S&P 500 was up 17.96 points (0.88%) at 2,055.01. The Russell 2000 increased 28.89 points (2.67%) to 1,109.11, and the Wilshire 5000 climbed 216.42 points (1.045) to 21,050.24.

On the NYSE, 3.2 billion shares traded, with advancing issues outnumbering declining issues 4 to 1. On the NASDAQ, 2.7 billion shares changed hands, with a near 3 to 1 lead for advancers.

The price of the 10-year Treasury note increased 23/32, bringing its yield down to 1.805%. The 30-year Treasury bond climbed 1 5/32, decreasing its yield to 2.601%.
Compliance
DOL and SEC Wade Into ERISA Stock Drop Debate
The Department of Labor (DOL) and Securities and Exchange Commission (SEC) both filed amicus briefs in the long-running case Whitley v BP PLC, an Employee Retirement Income Security Act (ERISA) stock drop lawsuit revived in 2014 in the wake of the U.S. Supreme Court decision in Dudenhoeffer v. Fifth Third Bancorp.Read more >
Ask the Experts
Ask the Experts – After-Tax Rollover Strategy
“I have read a number of articles lately promoting the benefits of making after-tax contributions to a retirement plan and rolling such contributions over to a Roth IRA at retirement. Does it work?”Read more >
Small Talk
Job candidates must be prepared for any question during an interview. Glassdoor has combed through hundreds of thousands of interview questions shared by job candidates over the past year to compile its annual list of the Top 10 Oddball Interview Questions.Read more >

ON THIS DATE: In 1822, Florida became a U.S. territory. In 1842, Dr. Crawford W. Long performed the first operation while his patient was anesthetized by ether. In 1858, Hyman L. Lipman of Philadelphia patented the pencil. In 1867, the U.S. purchased Alaska from Russia for $7.2 million dollars. In 1870, the 15th amendment, guaranteeing the right to vote regardless of race, was passed by the U.S. Congress. In 1870, Texas was readmitted to the Union. In 1909, the Queensboro bridge in New York City opened linking Manhattan and Queens. It was the first double decker bridge. In 1964, “Jeopardy” debuted on NBC-TV. In 1981, U.S. President Ronald Reagan was shot and wounded in Washington, D.C., by John W. Hinckley Jr. Two police officers and Press Secretary James Brady were also wounded. In 1998, Rolls-Royce was purchased by BMW in a $570 million deal.

 

WEDNESDAY WISDOM: “The purpose of our lives is to be happy.”—Dalai Lama
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 alison.mintzer@strategic-i.com

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