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2021 Best Practices Conference: Outsourcing and What to Expect From Providers
2021 Best Practices Conference: Outsourcing and What to Expect From Providers
Experts discussed the types of outsourcing available to plan sponsors, from basic 3(16) administration services to full discretionary 3(38) investment management.
DB Plans Can Take Proactive Steps to Protect Against Cybersecurity Threats
What questions should defined benefit plan officials ask about their cybersecurity protocols?
Most Read
2021 DC Plan Benchmarking Survey
Data and Research
Working Past Age 65 May Seem Like a Great Idea …
Data and Research
2022 Retirement Industry Trends to Follow
Economic Events
Tomorrow, the Census Bureau will report about retail sales for October and business trade for September. Wednesday, the Census Bureau will report about housing starts for October. Thursday, the Labor Department will issue its initial claims report, and Freddie Mac will update average mortgage rates for the week.
Market Mirror
Friday, the Dow increased 179.08 points (0.50%) to 36,100.31, the Nasdaq climbed 156.68 points (1.00%) to 15,860.96, and the S&P 500 closed 33.58 points (0.72%) higher at 4,682.85. The Russell 2000 was up 2.63 points (0.11%) at 2,411.78, and the Wilshire 5000 gained 353.20 points (0.73%) to finish at 48,712.27.

The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.570%. The price of the 30-year Treasury bond decreased 22/32, bringing its yield up to 1.938%.

For the week ending November 12, the Dow finished 0.63% lower, the Nasdaq lost 0.69%, and the S&P 500 was down 0.31%. The Russell 2000 fell 1.04%, and the Wilshire 5000 decreased 0.32%.
2021 Best Practices Conference: Understanding ERISA and Fiduciary Fundamentals
Attendees at the virtual conference learned about what it takes to operate a plan that complies with all regulatory responsibilities and protects the employer and its benefits staff from legal liability.
Deals and People
Retirement Industry People Moves
WIPN announces 2022 board composition and Aviva Investors adds to global high-yield team.
Small Talk
ON THIS DATE: In 1777, the Continental Congress approved the Articles of Confederation, precursor to the U.S. Constitution. In 1864, Union Gen. William T. Sherman and his troops began their “March to the Sea” during the U.S. Civil War. In 1867, the first stock ticker was unveiled in New York City. The advent of the ticker revolutionized the stock market by making up-to-the-minute prices available to investors around the country. Prior to this development, information from the New York Stock Exchange (NYSE), which has been around since 1792, traveled by mail or messenger. In 1920, the League of Nations met for the first time in Geneva, Switzerland. In 1926, the National Broadcasting Co. (NBC) debuted with a radio network of 24 stations. In 1939, President Franklin Roosevelt laid the cornerstone of the Jefferson Memorial in Washington, D.C. In 1969, in Washington, D.C., a quarter of a million protesters staged a peaceful demonstration against the Vietnam War. In 1992, Richard Petty drove in the final NASCAR race of his 35-year career. In 2005, in Amiens, France, Isabelle Dinoire became the first person to undergo a partial face transplant. She had been attacked by a dog earlier in the year.
SURVEY SAYS RESPONSES: Last week, I asked NewsDash readers, will you resume your Thanksgiving traditions this year? I also asked them to share some things they are thankful for. In verbatim comments, readers expressed excitement for resuming a more “normal” Thanksgiving this year. And, for some of those not resuming Thanksgiving traditions, it wasn’t just about the pandemic. There is no Editor’s Choice this week, but I’m wishing the best to the person whose home caught fire this year.A big thank you to everyone who participated in the survey!
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