Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
September 27th, 2017
PLANADVISER National Conference
The PLANADVISER National Conference (PANC) is the retirement plan industry’s premier networking and business strategy event for specialist retirement plan advisers! What’s so different this year? Everything. Start with an all-new agenda designed by, and loaded with, retirement plan specialists … A powerful roster of big-name speakers invited to educate and entertain throughout the conference’s three days … And more focused networking activities than ever before, created to allow old relationships to renew and new relationships to develop. Join us next month in Orlando!Read more >
Webcast Event
There is a wide spectrum of choice when it comes to adding a retirement income solution to a defined contribution (DC) plan. The key to ensuring successful retirement outcomes for DC plan participants is largely dependent on their ability to understand the solutions available to them. Join PLANSPONSOR and industry experts October 5 for the webcast Simplicity is Sophistication When Contemplating Retirement Income, in which they’ll discuss the shift of DC plans from assets to income; benefits of including a lifetime income product as a plan distribution option; and the importance of keeping plan designs simple for participants.Read more >
New Financial Audit Rule Increases Requirements for Plan Sponsors
TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?
Participants Missing the Full Match Remains a Big Problem
2021 Recordkeeping Survey
Parties in Church Plan Lawsuit Finally Get Preliminary Approval of Settlement
Benefits & Administration
Millennials Facing Financial Struggles, Fear of Investing
Although 58% of Millennials surveyed said they are saving enough for retirement, 46% say they have significant debt, and 53% say they will “never be comfortable investing in the market.”Read more >
Investors Fear Portfolios Not Diversified Enough to Protect Against Volatility
Even though the stock market has experienced record highs recently, a survey by Edward Jones found that the majority of investors are concerned about market volatility taking hold within the next 12 months. One-third of respondents said they believe their portfolios are not diversified enough to secure a comfortable retirement in light of a market correction. However, 55% of investors said they will not adjust their portfolios if the stock market declines more than 10%.Read more >
Not-for-Profit Plan Sponsors, Participants Could Use More Lifetime Income Education
In-plan lifetime income options are offered by more than half of not-for-profit plan sponsors surveyed, but among those that don’t, misconceptions exist.Read more >
Sponsored message from AVIVA
Global High Yield: Diminishing returns?
Global high yield bonds have done well year to date. Kevin Mathews, Aviva Investors’ Global Head of High Yield, discusses what’s next.Read more >
Ask the Experts
Loan Defaults and Military Leaves of Absence
“I have a question regarding the ‘cure’ period after which a retirement plan loan would go into default in relation to a military leave of absence.”Read more >
Products, Deals and People
HSA Platform Adds Ability to Invest
Lively’s integration with TD Ameritrade offers health savings account (HSA) holders access to an open-architecture set of investment options.Read more >
Economic Events

Sales of new single-family houses in August were at a seasonally adjusted annual rate of 560,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and

Urban Development. This is 3.4% below the revised July rate of 580,000 and is 1.2% below the August 2016 estimate of 567,000.


The Conference Board Consumer Confidence Index, which had improved marginally in August, declined slightly in September. The Index now stands at 119.8 (1985=100), down from 120.4 in August. The Present Situation Index decreased from 148.4 to 146.1, while the Expectations Index rose marginally from 101.7 last month to 102.2.
Market Mirror

Tuesday, the Dow was down 11.77 points (0.05%) at 22,284.32, the NASDAQ was up 9.57 points (0.15%) at 6,380.16, and the S&P 500 was virtually unchanged at 2,496.84. The Russell 2000 increased 4.91 points (0.34%) to 1,456.86, and the Wilshire 5000 was up 10.17 points (0.04%) at 25,967.05.


The price of the 10-year Treasury note was down 5/32, increasing its yield to 2.237%. The price of the 30-year Treasury bond decreased 8/32, bringing its yield up to 2.776%.
PBGC Announces Relief Due to Hurricane Maria
The relief applies to PBGC premiums, single-employer plan terminations, reportable event notices, annual employer reporting, requests for reconsideration or appeals and multiemployer plan deadlines.Read more >
NIRS Makes Suggestions for Improving the Saver’s Credit
Research from the National Institute on Retirement Security (NIRS) found millions of low- to moderate-income individuals have been unable to use the credit because they lack access to qualified retirement plans, and the Saver’s Credit is woefully underutilized. It suggests a series of changes would enable more of the tax credit’s target population to benefit from the Saver’s Credit and build significant retirement resources.Read more >
Advisers Find New Ways to Deliver Active Management
Cerulli’s research shows more than half of advisers create customized investment portfolios on a client-by-client basis, while 42% start with investment models and alter on a client-by-client basis.Read more >
Small Talk

ON THIS DATE: In 1779, John Adams was elected to negotiate with the British over the American Revolutionary War peace terms. In 1939, after 19 days of resistance, Warsaw, Poland, surrendered to the Germans after being invaded by the Nazis and the Soviet Union during World War II. In 1940, the Berlin-Rome-Tokyo Axis was set up. The military and economic pact was for 10 years between Germany, Italy and Japan. In 1954, the “Tonight!” show made its debut on NBC-TV with Steve Allen as host. In 1979, the Department of Education became the 13th Cabinet in U.S. history after the final approval from Congress. In 1983, Larry Bird signed a seven-year contract with the Boston Celtics worth $15 million. The contract made him the highest paid Celtic in history. In 1986, the Senate approved federal tax code changes that were the most sweeping since World War II. In 1989, Columbia Pictures Entertainment agreed to buyout Sony Corporation for $3.4 billion. In 1989, two men went over the 176-foot-high Niagara Falls in a barrel. Jeffrey Petkovich and Peter Debernardi were the first to ever survive the Horshoe Falls. In 1991, U.S. President George H.W. Bush eliminated all land-based tactical nuclear arms and removed all short-range nuclear arms from ships and submarines around the world. Bush then called on the Soviet Union to do the same. In 1995, the U.S. government unveiled the redesigned $100 bill. The bill featured a larger, off-center portrait of Benjamin Franklin.



WEDNESDAY WISDOM: “Don’t brood. Get on with living and loving. You don’t have forever.”—Leo Buscaglia, writer and motivational speaker
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 >

Editorial: Alison Cooke Mintzer


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