Tag: investment advisers

Compliance January 22nd, 2018

Third Complaint Against NYU 403(b) Plan Adds Adviser as Defendant

Allegations against Cammack LaRhette Advisors contend it gave “flawed advice” to plan fiduciaries regarding investments, which Cammack denies.

Yesterday, the Dow lost 126.93 points (0.50%) to finish at 25,317.41, the NASDAQ increased 19.60 points (0.26%) to 7,468.63, and the S&P 500 closed 11.90 points (0.43%) lower at 2,755.88. The Russell 2000 was down 2.54 points (0.16%) at 1,539.50, and the Wilshire 5000 decreased 115.94 points (0.41%) to 28,447.55.

The price of the 10-year Treasury note was down 1/32, increasing its yield to 3.199%. The price of the 30-year Treasury bond decreased 7/32, bringing its yield up to 3.390%.

The Happiness Formula Leveraging our Global Retirement Reality Report data, we are examining what makes for retirement happiness.
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Improving Plan Health Plan sponsors' perspectives on plan health and the drivers that can impact it