US Markets recovered some of their losses sustained at the beginning of the year this week but remain in the red year to date.
Qualified Plan Advisors: February 2022 Advocate Newsletter
In January, the United States Supreme Court issued its much-anticipated ruling in a retirement plan expense lawsuit. The Hughes v. Northwestern University opinion did not necessarily break new ground. However, it may have further stabilized the grounds on which courts across the country will consider motions to dismiss. Plan fiduciaries will be well-served to understand the potential implications.
Week-in-Review: Week ending in 01.28.22
US Markets were finally able to post a positive week in some areas but are still deeply in the red year to date. International equities were still negative on the week and the year thus far.
The Supreme Court Rules Retirement Fee Lawsuit
This morning, the United States Supreme Court issued its widely anticipated ruling in Hughes v. Northwestern University, which involves retirement plan participants’ allegations of needlessly expensive investment options and excessive recordkeeping fees.
Week-in-Review: Week ending in 01.21.22
Even with US Markets closed on Monday for Martin Luther King Jr. Day, global equities continued their steady selloff throughout the week.
Week-in-Review: Week ending in 01.14.22
Global equities continued their selloff for the week as market participants digested hawkish statements from Federal Reserve officials.
Week-in-Review: Week ending in 01.07.22
Global equities sold off for the first week of the year as market participants switched into risk-off mode as they priced in a more hawkish Fed.
6 Financial Goals to Kick Off the New Year
Everyone’s heard the “new year, new me” routine, right?
Qualified Plan Advisors: January 2022 Advocate Newsletter
The end of the year – or the beginning, for some – is an optimal time for organization-wide or department-specific strategic planning.
Week-in-Review: Week ending in 12.31.21
Despite low volume during the final week of the year, global equities were mostly in the green for the week, solidifying robust returns for the year of 2021.