September 20th, 2022 Insight on Plan Design & Investment Strategy Every Weekday Data and Research Satisfaction With Retirement Plan Digital Experience Falls Retirement plan investors are ‘under a great deal of financial stress,’ and when they turn to their plan’s website or app, they are not finding what they need. Compliance Goldman Sachs Did Not Violate ERISA Requirements, Court Says The judge rules that there is no evidence that Goldman Sachs acted either disloyally or imprudently with its employees’ defined contribution plans. Most Read Compliance IRS Proposes Regulations for Changes to SECURE 2.0 RMDs Opinions Encouraging Trends in 401(k) Plan Design Compliance What Increased Health Plan-Related Scrutiny Means for Plan Sponsors 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. SMALL TALK 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! Unsubscribe | Manage Subscriptions | Contact Us Copyright ©2024 Asset International, Inc. All rights reserved. No reproduction without prior authorization. Modern Slavery Statement 2022 | Do Not Sell My Personal Information | Privacy (including cookies), Social Media & Legal 702 King Farm Boulevard, Suite 300, Rockville, MD 20850