 | Best of PSNCComing to Chicago (Tues. 11/13), NYC (Wed. 11/14), Boston (Thurs. 11/15), San Francisco (Tues. 11/27) and Houston (Wed. 11/28), check out the agenda for this year’s Best of PLANSPONSOR National Conference. For plan sponsors—whether you work on the finance, treasury or human resource (HR) side of the retirement plan—the Best of PSNC provides you with information you can take back to your office and use immediately to ensure your plan runs at its peak. For retirement plan advisers, there’s no better way to stay up to date on the latest challenges your clients face.Read more > |
|
| | Benefits & Administration | | Health Care Costs Affecting Retirement Savings and Financial Wellness | | Of the nearly half of survey respondents who report they have experienced health care cost increases in the past year, 24% state they have decreased their contributions to retirement plans, and 17% have taken a loan or withdrawal from a retirement plan.Read more > | | Retirement System Rankings Not Corresponding With Most Confident Individuals | | Objective rankings can show how strong a country’s retirement system is with regard to coverage and monetary backing, but those indicators do not measure how individuals actually feel about their retirement readiness. State Street set out to measure how it feels to prepare for, approach and experience retirement by conducting an online survey, in conjunction with YouGov, across eight countries representing a range of retirement systems. It found that the retirement structures with the highest objective rankings did not necessarily correspond to the happiest respondents. Based on its findings, State Street says it has the formula for retirement happiness and makes recommendations for policymakers, plan sponsors and providers.Read more > | | | Products, Deals and People | | Mesirow to Provide 3(38) Services for TAG 401(k) Platform | | TAG’s 401(k) Aggregated Solution offers minimal fiduciary liability, partnerships with well-known providers, regulated compliance and competitive cost.Read more > |
|
|
|
| | Market Mirror | Tuesday, the Dow rebounded 547.87 points (2.17%) to finish at 25,798.42, the NASDAQ climbed 214.75 points (2.89%) to 7,645.49, and the S&P 500 gained 59.13 points (2.15%) to finish at 2,809.92. The Russell 2000 closed 43.74 points (2.82%) higher at 1,596.84, and the Wilshire 5000 soared 636.98 points (2.24%) to 29,082.40. The price of the 10-year Treasury note was down 1/32, increasing its yield to 3.159%. The price of the 30-year Treasury bond was up 4/32, decreasing its yield to 3.332%. | | | Sponsored message from TIAA | | Strategies to help recruit, retain and retire employees. You can help strengthen your workforce and manage unexpected costs by focusing on three key areas. Read more > | | | Compliance | | Nonprofits Grapple With Shifting 457(f) Landscape | | Due to changes in the wider benefits and compensation landscape, experts agreed, now is a fine time for nonprofit employers to reconsider their offerings and whether they can do more to attract and retain top executive talent.Read more > | | | Ask the Experts | | What Are ‘Pick-Up’ Contributions? | | “What are Section 414(h) ‘pick-up’ contributions?”Read more > | | | Small Talk | | Two primary drivers affect employee decisions to leave a job: practical elements of a job (such as pay, commute and paid time off), and personal experiences (such as interpersonal relationships and engagement), according to a Randstad survey. Personal experiences may carry more weight than one may think. For instance, 58% of workers said they’d stay at jobs with lower salaries if that meant working for a great boss. The survey results also suggest workers aren’t happy unless they’re reaching their fullest career potential. And, employers shouldn’t believe that if an employee stays that means he is happy.Read more > | ON THIS DATE: In 1777, American troops defeated British forces in Saratoga, New York. In 1888, the first issue of “National Geographic Magazine” was released at newsstands. In 1931, Al Capone was convicted on income tax evasion and was sentenced to 11 years in prison. In 1933, “News-Week” appeared for the first time at newsstands. The name was later changed to “Newsweek.” In 1973, the Organization of Petroleum Exporting Countries (OPEC) began an oil-embargo against several countries including the U.S. and Great Britain. The incident stemmed from Western support of Israel when Egypt and Syria attacked the nation on October 6, 1973. The embargo lasted until March of 1974. In 1978, President Jimmy Carter signed a bill that restored full U.S. citizenship rights to Confederate President Jefferson Davis. In 1979, Mother Teresa of India was awarded the Nobel Peace Prize. In 2000, in New York City, Madame Tussaud’s Wax Museum opened to the public.
WEDNESDAY WISDOM: “Real knowledge is to know the extent of one’s ignorance.”—Confucius, Chinese philosopher
| | 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 > |
|
