Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
October 4th, 2019
Benefits & Administration
Lower Asset Growth Hampers State and Local Pension Outlook
While liability growth has declined in the past two decades, asset growth has been even slower. Read more >
Products, Deals and People
Investment Product and Service Launches
OneAmerica expands its group annuity platform with ESG offerings, and Vanguard adds an international core stock fund, overseen by Wellington Management.  Read more >
PLANSPONSOR Research
2019 Participant Survey
Participants provide valuable insights for plan sponsors. Read more >
MOST READ ARTICLES
1
AT&T Sued Over Calculation of Early Retirement Benefits
2
Congressional Leaders Want SECURE Act Passage in 2019
3
Social Security Administration Announced COLA for 2020
4
Could GE Have Continued Its DB Benefits?
5
Millennium Trust Helps Small Businesses Select a Retirement Plan
Sponsored message from American Century Investments
The Making of a Glide Path
Understanding the impact of design decisions on retirement outcomes.  Read more >
Economic Events

Freddie Mac released the results of its Primary Mortgage Market Survey yesterday showing that the 30-year fixed-rate mortgage (FRM) averaged 3.65%, a slight increase from last week. While mortgage rates generally held steady this week, overall mortgage demand remained very strong, rising over 50% from a year ago thanks to increases in both refinance and purchase mortgage applications.

The U.S. Bureau of Labor Statistics (BLS) projects that overall employment growth will be 5.2% from 2018 to 2028, slower than during the prior projections decade. Growth of the labor force is projected to continue to slow because of changing demographics and a slowdown in population growth.

Market Mirror

Thursday, the Dow was up by 122.42 points (0.47%) to reach 26,201.04, the NASDAQ gained 87.02 points (1.12%) for a 7,872.27 close, and the S&P 500 was up by 23.02 points (0.80%) to 2,910.63. The Russell 2000 gained 6.72 points (0.45%) for a 1,486.35 close, and the Wilshire 5000 took on 237.45 more points (0.81%) to reach 29,698.65. The price of the 10-year Treasury note was up by 6/32, lowering its yield to 1.539%, and the price of the 30-year Treasury bond was up 32/32, lowering its yield 2.040%.

From the Magazine
Reality Check
When planning for retirement, participants have more to consider than meets the eye. Read more >
Investing
A Target-Date Fund Industry Snapshot
The five leading TDF families by assets dwarf their competition, and the biggest provider keeps getting bigger. Read more >
Small Talk

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Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

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