Plansponsor Logo
PLANSPONSOR NEWSDASH LOGO October 5th, 2021
Insight on Plan Design & Investment Strategy Every Weekday
Deals and People
Who’s Still Working for You?: American Benefits Council
Who’s Still Working for You?: American Benefits Council
In a series of articles, PLANSPONSOR is checking in with industry groups to see what work they have done, and will do, for retirement and health plan sponsors as the pandemic continues and beyond.
UpFront
Encourage or Caution—Which Works Best?
The communications plan sponsors use can affect participant outcomes.
Most Read
Compliance
New Financial Audit Rule Increases Requirements for Plan Sponsors
Data and Research
Participants Missing the Full Match Remains a Big Problem
Compliance
Parties in Church Plan Lawsuit Finally Get Preliminary Approval of Settlement
SPONSORED BY: Pacific Life
Guaranteed Lifetime Income:
Join Michael Finke and Ruth Schau as they discuss the need for lifetime income solutions on The Wave Strength Webinar Series. Click here to register today!
Economic Events
New orders for manufactured durable goods in August increased $4.6 billion or 1.8% to $263.5 billion, the U.S. Census Bureau announced. This increase, up 15 of the last 16 months, followed a 0.5% July increase. Excluding transportation, new orders increased 0.2%. Excluding defense, new orders increased 2.4%. Transportation equipment, up three of the last four months, led the increase, $4.2 billion or 5.5% to $80.8 billion.
Market Mirror
Yesterday, the Dow decreased 323.54 points (0.94%) to 34,002.92, the Nasdaq dropped 311.21 points (2.14%) to 14,255.49, and the S&P 500 lost 56.58 points (1.30%) to finish at 4,300.46. The Russell 2000 closed 24.16 points (1.08%) lower at 2,217.47, and the Wilshire 5000 fell 625.64 points (1.38%) to 44,737.11.

The price of the 10-year Treasury note decreased 24/32, bringing its yield up to 1.483%. The price of the 30-year Treasury bond was down 3/32, increasing its yield to 2.046%.
Participants
What Makes a DC Plan Participant a ‘Super Saver’?
Principal says almost anyone can mimic super savers’ behavior and suggests ways defined contribution retirement plan sponsors can help.
Data and Research
Retirement Plan Recordkeepers Increasing Cybersecurity Staff
More than three-quarters of retirement plan specialist advisers selected cybersecurity practices as a top consideration when selecting a recordkeeper, Cerulli Associates research finds.
Small Talk
ON THIS DATE: In 1921, the World Series was broadcast on the radio for the first time. The game was between the New York Giants and the New York Yankees. In 1931, Clyde Pangborn and Hugh Herndon landed in Washington after flying non-stop across the Pacific Ocean. The flight originated in Japan and took about 41 hours. In 1947, President Harry Truman made the first-ever televised presidential address from the White House. The subject was the then-current international food crisis. In 1969, “Monty Python’s Flying Circus” debuted on BBC television. In 1974, American Dave Kunst completed the first round-the-world journey on foot, taking four years and 21 pairs of shoes to complete the 14,500-mile journey across the land masses of four continents. In 1989, The Dalai Lama, the exiled religious and political leader of Tibet, was awarded the Nobel Peace Prize in recognition of his nonviolent campaign to end the Chinese domination of Tibet. The 14th Dalai Lama was born as Tenzin Gyatso. In 1999, Kevin Spacey received a star on the Hollywood Walk of Fame. In 2011, Steve Jobs, the visionary co-founder of Apple Inc., died at age 56.
TUESDAY TRIVIA: What is the word for the sound your stomach makes when it “growls?”
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in
your mailbox!
rss icon twitter icon linkedin-in icon facebook icon
ISS MEDIA logo
Unsubscribe | Manage Subscriptions | Contact Us | Privacy Policy | Advertise
©2021 Asset International Inc. All rights reserved.
702 King Farm Boulevard, Suite 400, Rockville, MD 20850