Nevin Adams

Nevin Adams

By Nevin Adams 2/24/2017 • 0 Comments

It’s often said that ERISA’s prudent man rule is the highest duty known to law. But is that enough? READ MORE

By Nevin Adams 2/22/2017 • 0 Comments

The Office of Management and Budget has scheduled meetings with interested parties to discuss the DOL’s proposal to delay the implementation of the fiduciary regulation.
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By Nevin Adams 2/16/2017 • 0 Comments

Less than a week after asking for a stay in a federal court in a case involving the fiduciary regulation, the Department of Labor has asked for another. READ MORE

By Nevin Adams 2/14/2017 • 0 Comments

President Trump’s nominee for Secretary of Labor is slated for a Senate hearing Feb. 16 — and Sen. Elizabeth Warren's (D-Mass.) questions suggest it’s going to be contentious. READ MORE

By Nevin Adams 2/10/2017 • 0 Comments

It looks like that much-anticipated delay in the applicability date of the DOL's fiduciary regulation might be a reality, or at least on its way to becoming one. READ MORE

By Nevin Adams 2/8/2017 • 0 Comments

Two weeks ago, Sen. Elizabeth Warren (D-Mass.) wrote to a number of financial services firms asking where they stood on the fiduciary rule; she’s shared their responses with the Acting Secretary of Labor. READ MORE

By Nevin Adams 2/8/2017 • 0 Comments

Even the most proactive and engaged plan designs and designers can slide into a rut; here are three ways to keep that from happening and reinvigorate automatic plan designs. READ MORE

By Nevin Adams 2/6/2017 • 0 Comments

If it’s possible, the final version of President Trump’s Executive Memorandum may have left us with more uncertainty than we had before. READ MORE

By Nevin Adams 2/6/2017 • 0 Comments

When it comes to workplace retirement plans, there are three kinds of people: people who are ERISA fiduciaries and know it, people who aren’t ERISA fiduciaries and know it, and people who are ERISA fiduciaries and don’t know it. READ MORE

By Nevin Adams 2/3/2017 • 0 Comments

The final official White House release of the memorandum to the Secretary of Labor regarding the fiduciary rule omitted the specific directive to delay the applicability date by 180 days and directed that necessary actions be taken to review the rule and decide if it should be rescinded or revised.
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Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams2/28/2017 • 0 Comments

Those challenging the DOL fiduciary regulation in court haven’t had much success to date — but now one set of litigants is taking that decision to a higher court. READ MORE

By Nevin Adams2/24/2017 • 0 Comments

When it comes to spending in retirement, a lot could come down to where you live. READ MORE

By Nevin Adams2/23/2017 • 0 Comments

The DOL has managed to keep its perfect record intact — losing another request to grant a stay in a pending case regarding the fiduciary rule. READ MORE

By Nevin Adams2/22/2017 • 0 Comments

The Department of Labor kept its undefeated string going with another win in court, and one that had an element of déjà vu. READ MORE

By Nevin Adams2/9/2017 • 0 Comments

The Labor Department is now 3-0 in defending the fiduciary regulation in court. READ MORE

By Nevin Adams2/3/2017 • 0 Comments

President Trump has tackled the Labor Department’s fiduciary rule, just weeks ahead of the April 10 implementation date.

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By Nevin Adams2/2/2017 • 0 Comments

Forget the rumors — the change in administrations in Washington apparently hasn’t stilled the DOL's legal defense of the fiduciary rule. READ MORE

Jordan Cross

Jordan Cross

By Jordan Cross2/7/2017 • 0 Comments

A newly planned session at the upcoming BMOC Conference will have an informative, hard-hitting and entertaining focus on business leadership. READ MORE

Lorraine Dorsa

Lorraine Dorsa

By Lorraine Dorsa2/17/2017 • 0 Comments

You know you plan to attend the Business Managers and Owners Council Conference! Register now and take advantage of the reduced, early bird registration fee. READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel2/28/2017 • 0 Comments

Public pension plans across the country face many challenges, to put it mildly — and among them, says a recent report, are the investment return assumptions for those plans. READ MORE

By John Iekel2/23/2017 • 0 Comments

The American Retirement Association on Feb. 21 sent a letter to the Oregon State Treasury containing its comments on the Oregon Retirement Savings Plan (ORSP), also known as OregonSaves. READ MORE

By John Iekel2/22/2017 • 0 Comments

An unnamed financial services company is suing the Consumer Financial Protection Bureau over the CFPB’s exercise of power and the plaintiff’s contention that it is unchecked. READ MORE

By John Iekel2/17/2017 • 0 Comments

The DOL fiduciary rule was on track until the November election brought an administration that could delay its application or even withdraw it. But are the rule’s prospects really that dim? READ MORE

By John Iekel2/17/2017 • 0 Comments

On Presidents Day, Monday, Feb. 20, the ASPPA offices will be closed and ASPPA Connect will not be published that day and will reappear on Feb. 22; here are some interesting facts about a little-known chief executive. READ MORE

By John Iekel2/13/2017 • 0 Comments

The Trump administration’s rapid-fire executive orders and regulatory announcements and reviews could delay, gut or even kill the fiduciary rule. But a recent analysis suggests the genie may be out of the bottle. READ MORE

By John Iekel2/6/2017 • 0 Comments

At a Feb. 3 U.S. Chamber of Commerce conference, “The Shifting Paradigm of Retirement,” a panel of experts addressed the changing dynamics of the workforce and its financial wellness. READ MORE

By John Iekel2/6/2017 • 0 Comments

The Department of Labor’s (DOL) fiduciary rule, as well as other regulations and laws that affect and govern retirement plans, were part of the discussion at the U.S. Chamber of Commerce meeting on Feb. 3. READ MORE

By John Iekel2/1/2017 • 0 Comments

There is now an “even greater opportunity” for tax reform, Senate Finance Committee Chairman Orrin Hatch (R-UT) told the U.S. Chamber of Commerce on Feb. 1, but he offered no specifics on what it may portend for retirement plans. READ MORE

Katrina Moody

Katrina Moody

By Katrina Moody2/14/2017 • 0 Comments

The third annual Business Managers and Owners Council (BMOC) Conference will be April 2-4; early registration ends Feb. 17! READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo2/10/2017 • 0 Comments

The Oregon State Treasury has put forth a proposal in support of its state-run plan for private-sector workers who don’t have a plan at work — that could affect private-sector 401(k) plans. READ MORE

Jason Roberts

Jason Roberts

By Jason Roberts2/13/2017 • 0 Comments

On Feb. 3, it was reported that an executive order would delay the applicability date of the fiduciary rule; however, the “order” said something else, so the April 10 deadline remains unless further action occurs. READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff2/28/2017 • 0 Comments

The Office of Management and Budget says it has concluded a requested review in the delay of the applicability date of the fiduciary regulation. READ MORE

By ASPPA Net Staff2/27/2017 • 0 Comments

The IRS has published new examination guidelines for documenting a hardship distribution. READ MORE

By ASPPA Net Staff2/24/2017 • 0 Comments

Noted ERISA attorney Fred Reish looks at the kinds of payments or benefits that will “un-levelize” a level-fee fiduciary. READ MORE

By ASPPA Net Staff2/24/2017 • 0 Comments

Recent studies indicate that employers are increasingly interested in financial wellness — and that it can’t come soon enough. READ MORE

By ASPPA Net Staff2/24/2017 • 0 Comments

The Pension Benefit Guaranty Corporation has released information on the pension plan benefits it paid in 2015 by state. READ MORE

By ASPPA Net Staff2/22/2017 • 0 Comments

Absent a congressional solution to the problem of perpetual PBGC premium increases, what can an individual DB plan do to reduce the burden of those increases? A recent white paper offers two suggestions. READ MORE

By ASPPA Net Staff2/16/2017 • 0 Comments

President Trump’s new nominee to serve as Secretary of Labor is Alexander Acosta; Trump announced the nomination at a Feb. 16 press conference. READ MORE

By ASPPA Net Staff2/16/2017 • 0 Comments

The U.S. House of Representatives on Feb. 15 passed two resolutions of disapproval to block DOL regulations regarding state-run retirement plans for private sector workers. READ MORE

By ASPPA Net Staff2/16/2017 • 0 Comments

Andrew Puzder, President Trump’s nominee for Secretary of Labor, on Feb. 15 withdrew his name from consideration. His action came one day before his rescheduled confirmation hearing was set to take place before the Senate Health, Education, Labor and Pensions (HELP) Committee. READ MORE

By ASPPA Net Staff2/14/2017 • 0 Comments

U.S. Rep. Vern Buchanan (R-Fla.) has introduced bipartisan legislation to make it easier for small businesses to offer retirement benefits to employees. READ MORE

By ASPPA Net Staff2/13/2017 • 0 Comments

It was widely anticipated that the DOL’s fiduciary rule would be among the fledgling Trump administration’s early action items. And it did not disappoint — or did it? READ MORE

By ASPPA Net Staff2/13/2017 • 0 Comments

A recent blog entry argues that not only are internal controls important to a retirement plan, but they also should be refreshed. READ MORE

By ASPPA Net Staff2/10/2017 • 0 Comments

One of the nation’s largest recordkeepers has a new parent. READ MORE

By ASPPA Net Staff2/10/2017 • 0 Comments

Funded ratios have improved for private- and public-sector pension plans since the November elections, according to recent reports. READ MORE

By ASPPA Net Staff2/9/2017 • 0 Comments

The Senate Health Education, Labor and Pensions Committee’s confirmation hearing for Andrew Puzder, President Trump’s nominee for Secretary of Labor, has been rescheduled. READ MORE

By ASPPA Net Staff2/9/2017 • 0 Comments

Two joint resolutions now before the U.S. House of Representatives express disapproval of the Department of Labor’s rule on state and municipal retirement savings plans for private-sector employees. READ MORE

By ASPPA Net Staff2/8/2017 • 0 Comments

Sen. Michael Enzi (R-WY) has introduced legislation that would prevent using PBGC premiums as a safety valve for the federal budget. READ MORE

By ASPPA Net Staff2/8/2017 • 0 Comments

The Oregon State Treasury is seeking the views of payroll providers and experts about OregonSaves, READ MORE

By ASPPA Net Staff2/8/2017 • 0 Comments

Most workplace retirement plans allow loans against participants' balances, but the option carries risks for fiduciaries; here are what the IRS says are the most common plan loan failures. READ MORE

By ASPPA Net Staff2/7/2017 • 0 Comments

The DOL's fiduciary rule has detractors, and President Trump has instructed the DOL to review it; however, despite the chorus of opposition the rule does have supporters. READ MORE

By ASPPA Net Staff2/2/2017 • 0 Comments

Public pension plans’ funded ratio fell in the last quarter of 2016, says a recent report. READ MORE

By ASPPA Net Staff2/2/2017 • 0 Comments

The IRS on Jan. 26 issued the updated version of Publication 560, “Retirement Plans for Small Business (SEP, SIMPLE, and Qualified Plans)” for use in preparing 2016 returns. READ MORE