September 29th, 2020 Insight on Plan Design & Investment Strategy Every Weekday UpFront The Push and Pull of CITs Lawsuits act as a reminder that a prudent review of fee costs is essential. Benefits PSNC 2020: Considering Health Expenses in Retirement Planning Experts address health care in retirement and how health savings accounts (HSAs) play a role in retirement planning. Most Read Administration Consider Who Is Paying When Benchmarking Retirement Plan Fees Administration Repositioning Financial Wellness and Retirement Benefits for 2021 Investing Revisiting the DOL’s 2013 TDF Tips SPONSORED BY: Athene Optimizing pension risk transfer timing and execution Discover how ongoing monitoring and analysis of the pricing environment may result in even more value during this period of market volatility than during periods of relative stability. Market Mirror Yesterday, the Dow gained 410.10 points (1.51%) to finish at 27,584.06, the NASDAQ closed 203.6 points (1.87%) higher at 11,117.53, and the S&P 500 increased 53.14 points (1.61%) to 3,351.60. The Russell 2000 was up 35.44 points (2.40%) at 1,510.34, and the Wilshire 5000 climbed 563.58 points (1.67%) to 34,379.77. The price of the 10-year Treasury note was down 1/32, increasing its yield to 0.663%. The price of the 30-year Treasury bond decreased 27/32, bringing its yield up to 1.424%. Compliance Some View EBSA Income Projections as Too ‘Prescriptive’ Recordkeepers and asset managers want more flexibility in terms of how their clients generate newly mandated lifetime income projections on retirement plan statements. PSNC 2020: Retirement Plan Cybersecurity In light of a lack of guidance from the DOL on how sponsors should protect their plans from cyberattacks, speakers laid out best practices. Products Voya Retirement Announces New Digital Platform Voya Learn offers around-the-clock access to financial education and retirement topics. Small Talk ON THIS DATE: In 1943, U.S. Gen. Dwight D. Eisenhower and Italian Marchal Pietro Badoglio signed an armistice aboard the British ship Nelson. In 1982, in Chicago, seven people died after taking capsules of Extra-Strength Tylenol that had been laced with cyanide. 264,000 bottles were recalled. In 1988, Stacy Allison of Portland, Oregon, became the first American woman to reach the summit of Mount Everest. In 1994, the House of Representatives voted to end the practice of lobbyist buying meals and entertainment for members of Congress. In 2008, the Dow Industrial Average lost 777 points. It was the largest one-day decline to date. The drop came after the U.S. House of Representatives had voted down a $700 billion bank bailout plan. TUESDAY TRIVIA: Who was the youngest person to serve in the U.S. military? Did someone forward you this newsletter? Sign up here to get NEWSDash directly in your mailbox!

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