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Countries With Unsustainable Pension Systems Urged to Take Action Now |
Author of the Melbourne Mercer Global Pension Index (MMGPI) report and senior partner at Mercer, David Knox, Ph.D., says it is clear which countries lead the way in providing sustainable pension systems with adequate benefits—and what others can learn from them to improve. “Denmark, Netherlands and Australia are three such countries, which, while taking different approaches depending on their starting point, adopt a strong multi-pillar approach as highlighted in the index.”Read more > |
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Products, Deals and People |
Bilingual Education Push from Lawton Retirement |
Lawton Retirement Plan Consultants LLC has formed an association with bilingual education expert Rebeca Heaton Juarez to provide bilingual financial wellness and 401(k) plan participant educational services.Read more > |
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Sponsored message from AVIVA INVESTORS |
Equity volatility: Time to take note? Stock volatility remains low, but financial market uncertainty seems to be building. Is it time for investors to take heed? Learn more from members of Aviva Investors’ multi-asset team.Read more > |
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Market Mirror |
Tuesday, the Dow climbed 167.80 points (0.72%) to 23,441.76, the NASDAQ closed 11.60 points (0.18%) higher at 6,598.43, and the S&P 500 increased 4.15 points (0.16%) to 2,569.13. The Russell 2000 gained 2.92 points (0.19%) to finish at 1,500.41, and the Wilshire 5000 was up 24.63 points (0.09%) at 26,691.82. The price of the 10-year Treasury noted decreased 14/32, bringing its yield up to 2.418%. The price of the 30-year Treasury bond fell 31/32, increasing its yield to 2.936%. |
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Best of PSNC |
There’s Still Time to Attend Best of PLANSPONSOR National Conference |
At PLANSPONSOR, we know how valuable your time is. That’s why we’ve taken the most important topics discussed at our national event and packaged them into a convenient ½ day agenda hosted in a city close to you! If you are a plan sponsor, the Best of PSNC provides you with critical information you can take back to your office and use immediately to ensure your plan runs at its peak. If you are a retirement plan adviser, there is no better way to stay up to date on the latest challenges facing your clients. Choose to attend in New York—Oct. 26, Newport Beach—Nov. 1, or Dallas—Nov. 2!Read more > |
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Ask the Experts |
Which Expenses Can Be Reimbursed From Plan Assets? |
“How do we determine which expenses are appropriate to be reimbursed from plan assets, and which expenses should not be reimbursed?”Read more > |
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Small Talk |
ON THIS DATE: In 1812, during the War of 1812, the U.S. frigate United States captured the British vessel Macedonian. In 1854, the Charge of the Light Brigade took place during the Crimean War. The British were winning the Battle of Balaclava when Lord James Cardigan received an order to attack the Russians. He took his troops into a valley and suffered 40 percent caualties. Later it was revealed that the order was the result of confusion and was not given intentionally. In 1955, the microwave oven, for home use, was introduced by The Tappan Company. In 1962, American author John Steinbeck was awarded the Nobel Prize in literature. In 2001, it was announced that scientists had unearthed the remains of an ancient crocodile which lived 110 million years ago. The animal, found in Gadoufaoua, Niger, grew as long as 40 feet and weighed as much as eight metric tons. WEDNESDAY WISDOM: “What happens is not as important as how you react to what happens.”—Ellen Glasgow, American novelist |
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 > |