|
September 20th, 2022
Insight on Plan Design & Investment Strategy Every Weekday
|
|
|
|
|
|
|
Market Mirror |
Monday, the Dow rose 197.26 points (0.64%) to close at 31,019.68, the Nasdaq increased 86.82 points (0.76%) to end trading at 11,535.02 and the S&P 500 added 26.56 points (0.69%) to settle at 3,899.89. The Russell 2000 rose 14.65 (0.81%) to finish at 1,812.84 and the Wilshire 5000 added 271.77 points (0.70%) to close at 39,022.23.
The price of the 10-year Treasury note decreased 25/32 bringing the yield up to 3.490%. The price of the 30-year Treasury bond rose 1/32 bringing the yield to 3.518%.
|
|
|
Opinions
|
Personalization and the DC System
|
A typical platform might use age and salary to generate investment recommendations. What additional factors could lead to more customized solutions?
|
|
EVENTS
|
What to Expect From a Retirement Plan Adviser
|
Join PLANSPONSOR and a panel of experts for a webinar on September 22 as they discuss what services advisers offer to retirement plans; how plan sponsors determine the role they want their advisers to play; and questions to ask when searching for a plan adviser. Panelists will also talk about the fiduciary roles advisers can take on for the plan and the relationship between advisers and plan providers.
|
|
SURVEYS
|
DC Survey Now Open
|
For more than 20 years, PLANSPONSOR’s annual Defined Contribution Survey has provided benchmarking data for nearly 50 industries/business sectors and for 401(k), 403(b), and other DC plans, as well as nonqualified plans. Represent your industry and plan type by participating, and you’ll receive a free benchmarking report.
|
|
|
|
ON THIS DATE: In 1519, a Spanish expedition led by Portuguese navigator Ferdinand Magellan set off on the first successful circumnavigation of the globe (Magellan was killed on route.) In 1854, at the Battle of the Alma: a British, French and Ottoman alliance defeated the Russian Empire in the first major battle of the Crimean War. In 1972, in a highly publicized “Battle of the Sexes” tennis match, top women’s player Billie Jean King, 29, beat Bobby Riggs, 55, a former No. 1 ranked men’s player and a self-proclaimed male chauvinist. In 1990, Both East and West Germany ratified reunification. In 2001, in an address to a joint session of Congress and the American people, US President George W. Bush declared a “war on terror.” In 2019, students from 185 countries staged the world’s largest-ever protest on climate change culminating in a New York City rally led by Greta Thunberg.
|
|
|
Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox!
|
|
Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization.
|
702 King Farm Boulevard, Suite 300, Rockville, MD 20850
|
|