November 3rd, 2022 Insight on Plan Design & Investment Strategy Every Weekday Data and Research Inflation Is Affecting Participants’ Health Care Spend And Retirement Deferrals Many workers are considering downgrading their health insurance during open enrollment because of high inflation, according to the Nationwide Retirement Institute. Investing How Private Real Estate Investment Might Help DC Participants Hedge Inflation Investment in the asset class is up 7.4% this year, an index shows, but few DC plan sponsors are offering it to participants, say industry experts. Most Read Administration IRS Private Letter Ruling Allows Employer to Increase Plan Design Flexibility Benefits IBM Completes $6B Pension Risk Transfer with Prudential Compliance IRS Reminds Plan Sponsors of Plan Amendment Deadlines MERKET MIRROR Wednesday, the Dow lost 505.44 points (1.55%) to close at 32,147.76, the Nasdaq decreased 366.05 points (3.36%) to finish trading at 10,524.79 and the S&P 500 decreased 96.41 points (2.50%) to close at 3,759.69. The Russell 2000 lost 62.25 points (3.36%) to end trading at 1,789.14 and the Wilshire 5000 was down 1,011.82 points (2.62%) to close at 37,563.90. The price of the 10-year Treasury note decreased 3/32, bringing the yield up to 4.091%. The price of the 30-year Treasury bond decreased 27/32, bringing the yield up to 4.126%. Data and Research Higher Education Sponsors Say DC Plan Benefits Help Address Staffing Pinch New survey finds that a defined contribution plan is the most important benefit for attracting talent to institutions of higher education, according to plan sponsors.   UpFront Vesting May Be on the Verge The practice has its trade-offs—what is best for a particular sponsor’s plan? EVENTS Exploring ESG Investing Conference Join us Thursday, November 10, for a virtual conference to learn about regulations for environmental, social and governance investing in retirement plans; the debate over whether ESG factors are financial/performance factors; and what allocators, plan sponsors and advisers should consider when deciding whether and how to use ESG investments.  SMALL TALK ON THIS DATE: In 1777, General George Washington was informed of a conspiracy to discredit him with Congress and have him replaced by General Horatio Gates. In 1903, Panama declared independence from Colombia. In 1964, Lyndon B. Johnson defeated Barry Goldwater in the presidential election. In 1978, Dominica achieved full independence from the United Kingdom. In 1992, politician Carol Moseley Braun became the first African American woman elected to the U.S. Senate. In 2014, One World Trade Center opened in New York City on the site of the former World Trade Center complex, which largely was destroyed in the September 11, 2001, attacks. Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850