Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
September 5th, 2019

2020 Awards Nominations Are Open

PLANSPONSOR has opened the nominating process for the annual PLANSPONSOR Plan Sponsor of the Year and Retirement Plan Adviser of the Year awards.Read more >
Benefits & Administration
More Employers Focusing on Lifetime Income
However, most are offering systematic withdrawals, lifetime education and planning tools, and in-plan managed account services; they are still leery of offering guaranteed income solutions such as annuities.Read more >
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, and it is a great plan benchmarking tool. Please consider responding by the September 27 deadline.Read more >
New Financial Audit Rule Increases Requirements for Plan Sponsors
2021 Recordkeeping Survey
TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?
Participants Missing the Full Match Remains a Big Problem
Deemed Distributions Can Be Triggered by More Than Just Loan Nonpayment
Sponsored message from Northern Trust
How a Custodian Started Up a Fintech Solution for CIOs
Learn how Northern Trust Front Office Solutions developed a data integration solution for CIOs.Read more >
Products, Deals and People
PSCA Offers Retirement Savings Communication Campaign Materials
PSCA’s new 401(k)/403(b) Day campaign can be used any time during the year and includes five pieces that highlight different retirement savings concepts.Read more >
Market Mirror

Wednesday, the Dow gained 237.45 points (0.91%) to finish at 26,355.47, the NASDAQ closed 102.72 points (1.30%) higher at 7,976.88, and the S&P 500 increased 31.51 points (1.08%) to 2,937.78. The Russell 2000 was up 12.47 points (0.85%) at 1,484.76, and the Wilshire 5000 climbed 322.67 points (1.09%) to 20,014.25.


The price of the 10-year Treasury note was down 1/32, increasing its yield to 1.469%. The price of the 30-year Treasury bond decreased 4/32, bringing its yield up to 1.969%.
Industry Voices
Pairing ESOPs With 401(k)s Can Heighten Retirement Outcomes
Trevor Bare, with Conrad Siegel, discusses the differences between employee stock ownership plans (ESOPs) and 401(k) plans and how offering both can better prepare employees for retirement.Read more >
Retirement Investors Should Take a Look at International Equities
“For investors with long-term time horizons, international equity markets offer diversification and present a meaningful opportunity,” says Nigel Bliss, with Mondrian Investment Partners.Read more >
Small Talk

ON THIS DATE: In 1774, the first session of the U.S. Continental Congress convened in Philadelphia. The delegates drafted a declaration of rights and grievances, organized the Continental Association, and elected Peyton Randolph as the first president of the Continental Congress. In 1881, the American Red Cross provided relief for disaster for the first time. The disaster was the Great Fire of 1881 in Michigan. In 1882, the first U.S. Labor Day parade was held in New York City. In 1901, the National Association of Professional Baseball Leagues was formed in Chicago. It was the first organized baseball league. In 1930, Charles Creighton and James Hagris completed the drive from New York City to Los Angeles and back to New York City all in reverse gear. The trip took 42 days in their 1929 Ford Model A. In 1958, Boris Pasternak’s “Doctor Zhivago” was published for the first time in the U.S. In 1960, Cassius Clay of Louisville, Kentucky, won the gold medal in light heavyweight boxing at the Olympic Games in Rome, Italy. Clay later changed his name to Muhammad Ali. In 1961, the U.S. government made airline hijacking a federal offense. In 1986, Merv Griffin aired his final program for Metromedia Television after 23 years on various talk shows. In 1989, Chris Evert retired from professional tennis after a 19 year career.


NOTE: Yesterday’s ON THIS DATE stated that in 1949, the longest pro tennis match in history was played when Pancho Gonzales and Ted Schroeder played 67 games in five sets. However, the Isner–Mahut match at the 2010 Wimbledon Championships is the longest tennis match in history. In total, the match took 11 hours, 5 minutes of play over three days, for a total of 183 games.
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 which of those do you need more education about? You may respond to this week’s survey by 6 p.m. Pacific time today.Read more >
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Editorial: Alison Cooke Mintzer


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