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| Sponsored message from Kashable |
| Boost employee retention with Socially Responsible Credit for employees |
| 78% of U.S. workers are living paycheck-to-paycheck and lack the savings to cover an unexpected expense. Now, you can relieve stress and improve benefits satisfaction by offering a reliable financial safety net with Kashable.Read more > |
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| PLANSPONSOR Research |
| 2019 PLANSPONSOR Defined Contribution Survey Open |
| Sponsors of defined contribution (DC) plans are invited to respond to our annual DC Survey. The survey is our largest and most important research project of the year, as well as a valuable benchmarking resource. Please consider responding by the September 27 deadline.Read more > |
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| Products, Deals and People |
| Principal Pledges Seamless Transition for Wells Fargo Recordkeeping Clients |
| Principal Financial Group made public some much-anticipated details about its ongoing integration of the Wells Fargo Institutional Retirement and Trust business.Read more > |
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| Market Mirror |
Yesterday, the Dow increased 38.05 points (0.14%) to 26,835.51, the NASDAQ finished 15.64 points (0.19%) lower at 8,087.44, and the S&P 500 was virtually unchanged at 2.978.43. The Russell 2000 gained 19.06 points (1.27%) to close at 1,524.23, and the Wilshire 5000 was up 27.44 points (0.09%) at 30,426.13. The price of the 10-year Treasury note decreased 28/32, bringing its yield up to 1.635%. The price of the 30-year Treasury bond fell 2 23/32, increasing its yield to 2.120%. |
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| Compliance |
| Lowe’s Defense Fails to Get ERISA Suit Dismissed |
| The fiduciary breach lawsuit accuses plan fiduciaries of mapping $1 billion into a fund that lagged peer performance and was unpopular in the marketplace.Read more > |
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| Sponsored message from ADP |
| Are employees relying on employers to solve financial problems? |
| Employees who are financially stressed and working out of economic necessity can negatively impact workplace productivity.Read more > |
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| Small Talk |
| ON THIS DATE: In 1608, John Smith was elected president of the Jamestown, VA colony council. In 1794, America’s first non-denominational college was chartered. Blount College later became the University of Tennessee. In 1846, Elias Howe received a patent for his sewing machine. In 1913, the Lincoln Highway opened. It was the first paved coast-to-coast highway in the U.S. In 1921, the Ayus Autobahn in Germany opened near Berlin. The road is known for its nonexistent speed limit. In 1935, “Popeye” was heard on NBC radio for the first time. In 1948, Mildred “Axis Sally” Gillars was indicted for treason in Washington, D.C. Gillars was a Nazi radio propagandist during World War II. She was convicted and spent 12 years in prison. In 1953, Swanson began selling its first “TV dinner.” In 1963, 20 black students entered public schools in Alabama at the end of a standoff between federal authorities and Alabama governor George C. Wallace. In 1998, Mac Davis received a star on the Hollywood Walk of Fame. In 2002, the “September 11: Bearing Witness to History” exhibit opened at the Smithsonian’s National Museum of American History. In 2002, Switzerland became the 190th member of the United Nations. |
| TRIVIAL PURSUITS: What color were carrots originally?Read more > |
| SURVEY SAYS: Yes, employees can use more education to increase their financial know-how, but honestly, so can some of us in the retirement plan industry. This week, I’d like to know, what financial topics does your company educate employees about and what topics do you need more education about? Responses may be included in a future edition of PLANSPONSOR magazine.Read more > |
| 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 > |
