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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.
Encourage or Caution—Which Works Best?
The communications plan sponsors use can affect participant outcomes.
Most Read
Defined Benefit Plans May Have New Life
Ask the Experts
Can an Alternate Payee Designate a Beneficiary?
Data and Research
Retirement Plan Provider Technology Investments Show Success
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%.
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?”
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