Nevin Adams

Nevin Adams

By Nevin Adams 7/29/2016 • 0 Comments

The retirement plan industry has paid a lot of time and attention to behavioral finance in motivating worker savings behaviors — but in doing so, we may be overlooking a significant factor that affects their adoption. READ MORE

By Nevin Adams 7/26/2016 • 0 Comments

Asserting its claim for summary judgement in the fiduciary rule litigation, one set of plaintiffs says that the Department of Labor (DOL) is counting on the sheer complexity of the issues to prevail in court. READ MORE

By Nevin Adams 7/26/2016 • 0 Comments

As the dates for oral arguments approach, another set of plaintiffs have made their case for a quick summary judgment decision in their favor. READ MORE

By Nevin Adams 7/26/2016 • 0 Comments

The plaintiffs in the first lawsuit filed challenging the Department of Labor (DOL’s) fiduciary regulation take an aggressive stance in their motion for summary judgment. READ MORE

By Nevin Adams 7/21/2016 • 0 Comments

It’s hard to believe, but the Pension Protection Act of 2006 will be a decade old next month. And it’s probably done more good for the nation’s retirement security than most realize. READ MORE

By Nevin Adams 7/8/2016 • 0 Comments

There are things that today’s investment/plan committee share with, and can learn from, the experience of our forefathers who crafted and signed the document declaring our nation’s independence. READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams7/28/2016 • 0 Comments

State-run retirement programs for the private sector — and those who might be affected by them — could soon get some additional clarity from the Department of Labor (DOL). READ MORE

By Nevin Adams7/21/2016 • 0 Comments

Here are five things that individuals should know about sitting down and doing a retirement needs calculation.
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By Nevin Adams7/20/2016 • 0 Comments

What’s worse than one class action lawsuit alleging a fiduciary breach? READ MORE

By Nevin Adams7/13/2016 • 0 Comments

While one plaintiff’s law firm had been looking for “potential violations” of ERISA in failing to remove a specific mutual fund from the plan menu — another one has apparently found them. Or at least a participant willing to raise the issue. READ MORE

By Nevin Adams7/13/2016 • 0 Comments

Yet another financial services provider finds itself accused of financial self-dealing in the operation of its 401(k) plan. READ MORE

By Nevin Adams7/13/2016 • 0 Comments

If your plan sponsor clients are working to get a DB determination letter, the IRS now wants to know if those plans have lump sum risk transfer language. READ MORE

By Nevin Adams7/12/2016 • 0 Comments

The Department of Labor wants the information form that private-sector employee benefit plans file each year to have more information — and to be more “mineable.”
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By Nevin Adams7/11/2016 • 0 Comments

The Department of Labor (DOL) has made some “technical corrections” to the Best Interest Contract (BIC) Exemption of the fiduciary regulation. READ MORE

By Nevin Adams7/8/2016 • 0 Comments

A House appropriations bill takes another shot at the Department of Labor’s (DOL) fiduciary rule, while a litigant’s suit has now jumped to the front of the hearing queue. READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel7/12/2016 • 0 Comments

In private letter ruling (PLR) 201628006, released on July 8, the IRS says that the required minimum distribution (RMD) rules apply to a designated IRA beneficiary even though a state court modified the beneficiary designations. READ MORE

By John Iekel7/7/2016 • 0 Comments

In a recent study, the Society of Human Resource Management (SHRM) reports that some aspects of employer-provided retirement benefits have grown in the last one to four years, while others have declined slightly and many have held steady. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo7/26/2016 • 0 Comments

The Democrats have laid out their party platform — and when it comes to retirement issues, they plan to do a lot of fighting. READ MORE

By Andrew Remo7/13/2016 • 0 Comments

Republicans in the House of Representatives recently finalized the last plank of their policy agenda, with the release of their comprehensive tax reform blueprint. READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff7/29/2016 • 0 Comments

Retirement plan professionals of all stripes expect to have to adjust to the Department of Labor’s final fiduciary rule. But businesses are gearing up for more than the obvious adjustments they’ll need to make. READ MORE

By ASPPA Net Staff7/29/2016 • 0 Comments

The IRS has clarified the instructions for two schedules to Form 5500 and to a line of Form 5500-SF. READ MORE

By ASPPA Net Staff7/29/2016 • 0 Comments

There are varying predictions regarding the effects that the Department of Labor’s (DOL) fiduciary rule will have; in one recent study a majority of plan providers are optimistic about how it will affect asset retention rates. READ MORE

By ASPPA Net Staff7/29/2016 • 0 Comments

Defined contribution plans have grown and proliferated, while the converse has been true for the defined benefit universe. But a recent paper argues that applying the principles of DB plan administration can benefit DC plans. READ MORE

By ASPPA Net Staff7/29/2016 • 0 Comments

A teacher in Baltimore stretched beyond instructing his students and set in motion a program to teach his colleagues about retirement saving as well. READ MORE

By ASPPA Net Staff7/29/2016 • 0 Comments

In a recent blog post, Fred Reish highlights a fiduciary obligation with which many may be unfamiliar. READ MORE

By ASPPA Net Staff7/26/2016 • 0 Comments

A recent report by the Defined Contribution Institutional Investment Association (DCIIA) highlights four myths about automatic enrollment. READ MORE

By ASPPA Net Staff7/26/2016 • 0 Comments

Workers who listed their employers as their first or second source of retirement education have more money saved for retirement than those who listed parents or family members as their top source, according to a new survey by Ramsey Solutions. READ MORE

By ASPPA Net Staff7/21/2016 • 0 Comments

In a recent interview, Michael Kitces called the Department of Labor’s (DOL) fiduciary rule a “watershed moment” and argued that it's only the beginning.
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By ASPPA Net Staff7/21/2016 • 0 Comments

In “Behavioral Finance: Why Participants Sometimes Make Irrational Decisions,” a June 29 ASPPA webcast, Mercer’s Neil Lloyd and Lindsey Staley argue that awareness of how individuals appear to make decisions allows one to use the forces behind them to help participants. READ MORE

By ASPPA Net Staff7/19/2016 • 0 Comments

The expense ratios that 401(k) plan participants incur for investing in mutual funds have declined substantially since 2000, according to a report from the Investment Company Institute (ICI). READ MORE

By ASPPA Net Staff7/19/2016 • 0 Comments

Legislation before the House and Senate would change the treatment of Pension Benefit Guaranty Corporation (PBGC) premiums so they are no longer counted as general fund revenue. READ MORE

By ASPPA Net Staff7/19/2016 • 0 Comments

The IRS has issued a reminder that plans terminating in the 2016 plan year should be reviewed to make sure they are in compliance with applicable laws in effect on the date of termination. READ MORE

By ASPPA Net Staff7/18/2016 • 0 Comments

As part of the year-long celebration of ASPPA’s 50th anniversary, we’ve compiled lists of landmark events that took place in each month of the year; here's what July featured. READ MORE

By ASPPA Net Staff7/14/2016 • 0 Comments

The IRS has issued a revised Form 5300, Application for Determination for Employee Benefit Plan. The revisions the IRS has made are intended to simplify the information plan sponsors must provide. READ MORE

By ASPPA Net Staff7/13/2016 • 0 Comments

The Great Recession had a major impact on pensions, and its effects linger still; but the lessons the recent economic unpleasantness taught may benefit them and last longer, argues a recent blog entry. READ MORE

By ASPPA Net Staff7/13/2016 • 0 Comments

Taking action on governance is one of the keys by which pension funds address concerns over regulations, increasing risk and a complex market. So argues Scott Fitzgerald of State Street in a recent column that appeared in Institutional Investor. READ MORE

By ASPPA Net Staff7/13/2016 • 0 Comments

The Summer issue of Plan Consultant magazine is now available on ASPPA Net; it features a cover story on the rise of robo record keeping and addresses whether today’s tech-based start-ups are an opportunity or a threat to traditional players. READ MORE

By ASPPA Net Staff7/12/2016 • 0 Comments

The American Retirement Association (ARA) has partnered with Morningstar, Inc. to develop a program that sets a new standard in fiduciary education and best practices. READ MORE

By ASPPA Net Staff7/11/2016 • 0 Comments

A new video traces the development of ASPPA’s government affairs program, featuring recollections by GAC members and others. The video is now live on the ASPPA history website. READ MORE

By ASPPA Net Staff7/8/2016 • 0 Comments

Continuing almost a decade of double-digit annual growth, the cash balance plan market was up 19% in 2014, the most recent year for which complete Department of Labor data is available. READ MORE

By ASPPA Net Staff7/6/2016 • 0 Comments

PenChecks Trust Company of America (PenChecks Trust®) and the American Society of Pension Professionals & Actuaries (ASPPA) are pleased to announce the third annual QKA Scholarship Program for ASPPA’s Qualified 401(k) Administrator (QKA) credential program.

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By ASPPA Net Staff7/6/2016 • 0 Comments

Top leadership at the Department of Labor (DOL) has indicated that the department will not bend on its fiduciary rule, but then again, it may. Bad cop, good cop? READ MORE

By ASPPA Net Staff7/5/2016 • 0 Comments

The Department of Labor (DOL) has adjusted the civil monetary penalties for inflation — though there’s likely to be some sticker shock from some of the increases. READ MORE

By ASPPA Net Staff7/5/2016 • 0 Comments

“Auto” features — enrollment and escalation, that is — have received fresh boosts in recent reports concerning private as well as public-sector employers. READ MORE

By ASPPA Net Staff7/5/2016 • 0 Comments

Look for growth in liability-driven investments (LDI), according to new research from Willis Towers Watson (WTW). READ MORE

By ASPPA Net Staff7/5/2016 • 0 Comments

There is a sizable number of pre-retirees and retirees who do not enlist the assistance of a professional when devising a financial plan for their retirement, according to a recent study. It also takes a look at how they do in the effort. READ MORE

By ASPPA Net Staff7/1/2016 • 0 Comments

Another 401(k) provider has come to terms with participants of its own plan who alleged fiduciary obligations were violated by putting relatively high-fee in-house investment funds on the plan menu. READ MORE

By ASPPA Net Staff7/1/2016 • 0 Comments

A new survey finds that, among plans automatically enrolling participants, 7 in 10 use all three features of an autopilot program, but the adoption rate varies by plan size. READ MORE