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| NYC Comptroller Proposes Retirement Plan Marketplace | |
| In an effort to private-sector workers lacking access to employer-sponsored retirement plans, the New York City Comptroller has created a report based on research from The New York City Retirement Security Study Group (RSSG) detailing a public marketplace for retirement plans.Read more > | |
| Micro Plan Finds Provider That Boosts Engagement | |
| A plan sponsor finds that new options for micro plans offer more to participants and plan sponsors.Read more > | |
| Sponsored message from Empower | |
| Empower Retirement’s Lifetime Income Score Report The sixth annual Lifetime Income ScoreSM report includes survey results from more than 4,000 American workers. Based on individual responses, it estimates the percentage of working income that American households are on track to replace in retirement.Read more > | |
| Market Mirror | |
Wednesday, the Dow closed 15.54 points (0.09%) higher at 18,144.20, the NASDAQ was down 7.77 points (0.15%) at 5,239.02, and the S&P 500 was up 2.44 points (0.11%) at 2,139.17. The Russell 2000 was virtually unchanged at 1,227.22, and the Wilshire 5000 increased 19.77 points (0.09%) to 22,257.48. On the NYSE, 3.1 billion shares changed hands, with a slight lead for advancing issues. On the NASDAQ, 2.9 billion shares traded, with a slight lead for decliners. The price of the 10-year Treasury note was down 2/32, increasing its yield to 1.774%. The price of the 30-year Treasury bond was unchanged, with its yield at 2.503%. | |
| Compliance | |
| Executives Dismissed from SunTrust Stock Drop Lawsuit | |
| The plaintiffs in the case only opposed the dismissal of one executive, and a federal district court found he was not a fiduciary to the plan.Read more > | |
| Small Talk | |
| ON THIS DATE: In 1775, the U.S. Continental Congress ordered the construction of a naval fleet. In 1792, the cornerstone of the Executive Mansion was laid in Washington, D.C. The building became known as the White House in 1818. In 1943, during World War II, Italy signed an armistice with the Allies and declared war on Germany. In 1953, an ultrasonic burglar alarm was patented by Samuel Bagno. In 1960, the World Series ended on a home run for the first time. Bill Mazeroski’s homerun allowed the Pirates to beat the Yankees. In 1962, “Who’s Afraid of Virginia Woolf?” opened on Broadway. In 1967, the first game of the new American Basketball Association was played. In 1989, U.S. President George H.W. Bush called for an overthrow of the Panamanian ruler Manuel Antonio Noriega. In 1992, a commercial flight record was set by an Air France supersonic jetliner for circling the Earth in 33 hours and one minute. | |
| SURVEY SAYS: I saw a fun question in a book that I thought I’d try on NewsDash readers. Even if you are not familiar with the story of “Snow White and the Seven Dwarfs,” you should be able to answer this question. Which of the seven dwarfs personifies you most―Dopey, Sneezy, Sleepy, Bashful, Grumpy, Happy or Doc―and why? You may respond to this week’s survey by 6 p.m. Pacific time today.Read more > | |
| 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 > |
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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com
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