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October 15th, 2019 |
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| | Benefits & Administration | | DC Plans 3.0 Will Really be Tailored to Individual Situations | | Bob Collie, head of research at the Thinking Ahead Institute, tells PLANSPONSOR version 3.0 will be customized by “hyper-customization and integrated whole-of-life wealth management” that takes into account all of a person’s savings.Read more > | | | Products, Deals and People | | Club Vita Introduces Mortality Tables Considering Geography | | The company says the nine-digit ZIP code, or ”ZIP+4 code,” offers significantly more detail on geographical differences in life expectancy than other methods.Read more > | | | PLANSPONSOR Awards | | 2020 Awards Nominations Are Open | | PLANSPONSOR has opened the nominating process for the annual PLANSPONSOR Plan Sponsor of the Year awards. Nominations may be made by providers, advisers, consultants, actuaries, attorneys, third-party administrators, employees and colleagues, or, you can even nominate yourself. The award is given in many categories to recognize all plan types, so any plan sponsor can be eligible. The deadline for nominations is November 8.Read more > |
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| | Sponsored message from Ayco | | Description:Top 5 Benefits Trends in Corporate America | | The latest trends in benefits from Ayco clients across Corporate America.Read more > | | | Market Mirror | Yesterday, the Dow decreased 29.23 points (0.11%) to 26,787.36, the NASDAQ was down 8.39 points (0.10%) at 8,048.65, and the S&P 500 finished 4.12 points (0.14%) lower at 2,966.15. The Russell 2000 slid 6.47 points (0.43%) to 1,505.43, and the Wilshire 5000 lost 52.31 points (0.17%) to finish at 30,225.72. The yield on the 10-year Treasury note was 1.732%. The yield on the 30-year Treasury bond was 2.197%. | | | Compliance | | New Lawsuit Highlights Importance of Cybersecurity for Retirement Plans | | A former 401(k) plan participant is suing the plan sponsor and plan providers after unauthorized distributions were made from her account.Read more > | | PBGC Announces Premium Rates for 2020 | | The agency notes that there are no scheduled increases (other than indexing) for years after 2019.Read more > | | | Small Talk | | ON THIS DATE: In 1892, the U.S. government announced that the land in western Montana was open to settlers. The 1.8 million acres were bought from the Crow Indians for 50 cents per acre. In 1939, New York Municipal Airport was dedicated. The name was later changed to LaGuardia Airport. In 1951, “I Love Lucy” premiered on CBS-TV. In 1966, President Lyndon B. Johnson signed a bill creating the Department of Transportation. In 1984, the Freedom of Information Act was passed. In 1993, South Africa’s President F.W. de Klerk and African National Congress President Nelson Mandela were named winners of the Nobel Peace Prize for their efforts to end the apartheid system in South Africa. | | TRIVIAL PURSUITS: Things You May Not Know About Daddy LonglegsRead more > | | Share the 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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