 |
|
|
| DC Plan Sponsors Greatly Value Retirement Income | |
| In the past four years, plan sponsors have definitely gotten the message on the importance of showing retirement account balances as income, rather than just as savings, as 85% say the core purpose of a defined contribution (DC) plan is to provide income, up from 9% in 2012, according to the MetLife 2016 Lifetime Income Poll. However, the majority would like safe harbor guidance from the DOL before offering annuities in plans.Read more > | |
| Helping Employees Choose the Best Health Care Benefit | |
| As open enrollment season approaches, companies can take key steps to help employees choose the best health care plans while reducing expenses and boosting productivity in light of rising health care costs.Read more > | |
| Sponsored message from J.P. Morgan | |
| Half of participants admit they don’t have a plan regarding retirement Our Plan Participant Survey Findings take a closer look at DC plan participants’ attitudes and behaviors when it comes to saving and investing for retirement.Read more > | |
| Market Mirror | |
Wednesday, the Dow was down 11.98 points (0.06%) at 18,526.14, the NASDAQ increased 8.02 points (0.15%) to 5,283.93, and the S&P 500 was virtually unchanged at 2,186.15. The Russell 2000 was up 7.63 points (0.61%) at 1,261.00, and the Wilshire 5000 closed 54.28 points (0.24%) higher at 22,778.25. On the NYSE, 3.1 billion shares changed hands, and on the NASDAQ, nearly 3 billion shares traded, with 1.6 advancing issues for every declining issue on both exchanges. The price of the 10-year Treasury note was unchanged, with its yield up to 1.537%. The price of the 30-year Treasury bond decreased 8/32, increasing its yield to 2.235%. | |
| Compliance | |
| NAGDCA Discusses Fiduciary Responsibilities for Government DC Plans | |
| A brochure includes a checklist for government DC plan sponsors.Read more > | |
| From the Magazine | |
| Strategic Insight’s quarterly target-date fund (TDF) analysis discusses how fixed-income returns and ‘Brexit’ affected TDFs.Read more > | |
| Investing | |
| OCIO Demand Persistent Among DB Sponsors | |
| Many defined benefit plan sponsors are seeking the support of an outsourced chief investment officer to help with time-sensitive asset-allocation decisions, according to Cerulli Associates research.Read more > | |
| Small Talk | |
| ON THIS DATE: In 1565, a Spanish expedition established the first permanent European settlement in North America at present-day St. Augustine, Florida. In 1664, the Dutch surrendered New Amsterdam to the British, who then renamed it New York. In 1945, Bess Myerson of New York was crowned Miss America. She was the first Jewish contestant to win the title. In 1951, a peace treaty with Japan was signed by 48 other nations in San Francisco. In 1952, the Ernest Hemingway novel “The Old Man and the Sea” was published. In 1966, NBC-TV aired the first episode of “Star Trek” entitled “The Man Trap.” In 1971, in Washington, D.C., the John F. Kennedy Center for the Performing Arts was inaugurated. In 1974, U.S. President Ford granted an unconditional pardon to former U.S. President Nixon. | |
| SURVEY SAYS: I’m reviving a SURVEY SAYS we asked back in 2011 that was actually requested by a reader sending a child off to college for the first time. What did you, or your child, forget to bring to college that you, or your child, most regretted leaving behind? You may respond to this week’s survey by 6 p.m. Pacific time today.Read more > | |
| Share the good 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 alison.mintzer@strategic-i.com
Advertising: advertise@strategic-i.com
Subscribe to NEWSDash, click here .
To unsubscribe, click here.
|
BrightScope /
CIO /
FWW /
Investor Economics /
LiquidMetrix /
Market Metrics /
Matrix Solutions /
PLANADVISER /
Plan For Life /
PLANSPONSOR /
Simfund |