Nevin Adams

Nevin Adams

By Nevin Adams 7/28/2017 • 0 Comments

The Labor Department has filed for a stay of proceedings in litigation challenging the fiduciary regulation. READ MORE

By Nevin Adams 7/21/2017 • 0 Comments

Automatic enrollment has long been touted — and proven — to be effective in overcoming retirement savings inertia. But automatic enrollment plan design seems to be suffering from its own inertia. READ MORE

By Nevin Adams 7/21/2017 • 0 Comments

The surging stock market may have muted participants' suits regarding employer stock holdings — but a new one claims to be “about the defendants’ abject failure, as plan fiduciaries, to protect the interests of the participants.” READ MORE

By Nevin Adams 7/18/2017 • 0 Comments

In a July 18 letter responding to the DOL's request for information on its fiduciary rule, the American Retirement Association has requested an extension of the applicability date — and a streamlined levelized fee exemption. READ MORE

By Nevin Adams 7/6/2017 • 0 Comments

The Department of Labor may be reviewing the impact of the fiduciary rule, but they’d still like the court to dismiss challenges to it. READ MORE

By Nevin Adams 7/5/2017 • 0 Comments

The comment period on the fiduciary rule request for information (RFI) is short — and it started July 6. READ MORE

By Nevin Adams 7/3/2017 • 0 Comments

A participant in a plan with 27 participants is seeking the return of the “excessive and unreasonable asset-based fees charged by Nationwide for recordkeeping and administrative services, and to prevent Nationwide from charging those excessive fees in the future.” READ MORE

By Nevin Adams 7/3/2017 • 0 Comments

Anyone who has ever found their grand idea shackled to the deliberations of a committee, or who has had to kowtow to the sensibilities of a recalcitrant compliance department, can empathize with the process that produced the Declaration of Independence. READ MORE

Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams7/27/2017 • 0 Comments

A new Morningstar analysis finds no relationship between fund manager changes and future returns — but there are impacts. READ MORE

By Nevin Adams7/17/2017 • 0 Comments

The good news is that the funding level of that critical financial underpinning of the nation’s retirement security didn’t decrease during the past year. READ MORE

Ray Berry

Ray Berry

Ted Godbout

Ted Godbout

By Ted Godbout7/28/2017 • 0 Comments

Survey results from LPL Financial suggest that well-targeted tax incentives for starting a retirement plan or automatically enrolling employees may motivate small businesses to adopt and enhance a plan. READ MORE

By Ted Godbout7/27/2017 • 0 Comments

A new report finds that 55% of DC plan sponsors indicate they are likely to stop offering their plan in favor of in a state-run plan if one is available. READ MORE

By Ted Godbout7/18/2017 • 0 Comments

To help prevent retirement plan cashout leakage when workers change jobs, 11 Senators sent a letter to Labor Secretary Acosta asking the DOL to issue guidance clarifying the application of ERISA to auto portability features. READ MORE

By Ted Godbout7/18/2017 • 0 Comments

Employees are increasingly looking to their employers for financial support and believe that employers also have a responsibility for their health and well-being. READ MORE

By Ted Godbout7/17/2017 • 0 Comments

Regardless of income level, most respondents in a new survey say they are behind in retirement prep and want to learn about retirement savings and personal financial management. READ MORE

By Ted Godbout7/14/2017 • 0 Comments

Witnesses at a House Financial Services subcommittee hearing largely supported a bill to repeal the current DOL fiduciary rule and direct the SEC to take the lead in regulating the standards of care for investment advice. READ MORE

By Ted Godbout7/11/2017 • 0 Comments

“Too expensive to set up” or “my organization does not have the resources” are the top reasons small to midsize businesses cite for not offering a retirement plan, says Pew Charitable Trusts. READ MORE

Ray Harmon

Ray Harmon

Ray Harmon

By Ray Harmon, John Iekel7/27/2017 • 0 Comments

Nevada’s new law that imposes a fiduciary duty on broker-dealers, sales representatives and investment advisers is now in effect; it also authorizes rules on fiduciary duty. READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel7/28/2017 • 0 Comments

The Treasury Department on July 28 announced that it will begin winding down the myRA program. READ MORE

By Ray Harmon, John Iekel7/27/2017 • 0 Comments

Nevada’s new law that imposes a fiduciary duty on broker-dealers, sales representatives and investment advisers is now in effect; it also authorizes rules on fiduciary duty. READ MORE

By John Iekel7/26/2017 • 0 Comments

The Pension Benefit Guaranty Corporation (PBGC) is inviting comment on what regulatory — and deregulatory — actions it should take. READ MORE

By John Iekel7/24/2017 • 0 Comments

The Washington State Department of Commerce is updating the rules for the state’s Small Business Retirement Marketplace. READ MORE

By John Iekel7/24/2017 • 0 Comments

The American Retirement Association on July 17 sent a letter to Senate Finance Committee Chairman Orrin Hatch (R-UT) expressing its strong support for tax incentives to encourage retirement savings. READ MORE

By John Iekel7/21/2017 • 0 Comments

Fiduciary duties and functions have been discussed… just a little… over the last few years. But a recent blog entry suggests that cybersecurity should be added to them. READ MORE

By John Iekel7/21/2017 • 0 Comments

The July 1 launch of the Oregon Retirement Savings Program (OregonSaves) pilot has been a success, says a report by the Oregon Retirement Savings Board. READ MORE

By John Iekel7/20/2017 • 0 Comments

President Trump’s executive order intended to cut tax regulatory burdens does not apply to retirement-related regulations and actions by the IRS, the Treasury has indicated. READ MORE

By John Iekel7/18/2017 • 0 Comments

The IRS Office of the Chief Counsel has reiterated an earlier IRS statement that Congress did not intend the one-rollover-per-year limit for IRAs to apply when the custodial institution fails. READ MORE

By John Iekel7/14/2017 • 0 Comments

Financial wellness incorporates many things, and a primer on the subject argues that it also encompasses retirement readiness, but with a twist: employees’ retirement readiness also benefits employers. READ MORE

By John Iekel7/13/2017 • 0 Comments

Keeping abreast of the whereabouts and life status of retirees and beneficiaries — and even terminated vested participants — are increasingly important fiduciary responsibilities. READ MORE

By John Iekel7/12/2017 • 0 Comments

It is important that the SEC bring "clarity and consistency” to “standards of conduct that investment professionals must follow in providing advice to Main Street investors,” SEC Chairman Clayton said on July 12. READ MORE

By John Iekel7/10/2017 • 0 Comments

The last word one would associate with the DOL's fiduciary rule is “dispassionate.” But that accurately describes a new report about it by the Congressional Research Service. READ MORE

By John Iekel7/7/2017 • 0 Comments

Employees who may have the greatest longevity at an office in terms of circuits around the sun and as part of payroll, have — and pose — concerns unlike those of younger cohorts. READ MORE

By John Iekel7/1/2017 • 0 Comments

The IRS has made some changes to how it deals with pre-approved plans, hoping to encourage employers to switch from individually designed plans to the pre-approved format. READ MORE

Jim Nolan

Jim Nolan

By Jim Nolan7/10/2017 • 0 Comments

Nominating someone for the prestigious 2017 Harry T. Eidson Award is easy: complete the online nomination form by July 31, 2017. READ MORE

ASPPA Net Staff

ASPPA Net Staff

By ASPPA Net Staff7/31/2017 • 0 Comments

The American Retirement Association (ARA) is pleased to announce the addition of Bob Kaplan to its Retirement Plan Academy team. READ MORE

By ASPPA Net Staff7/28/2017 • 0 Comments

What comes to mind when you think of Socrates? Probably not defined benefit plans. And yet, a recent blog entry posits that there is indeed a connection. READ MORE

By ASPPA Net Staff7/28/2017 • 0 Comments

It’s hard work to build, maintain and administer a good retirement plan, but all that effort comes to naught in the absence of effective communications. READ MORE

By ASPPA Net Staff7/28/2017 • 0 Comments

A new analysis finds that the costs of providing retirement benefits declined by 25% between 2001 and 2015, but perhaps not for the reason(s) you think. READ MORE

By ASPPA Net Staff7/27/2017 • 0 Comments

Platform consolidation has re-emerged as the top initiative for managed account providers, according to a new study by Cerulli Associates. READ MORE

By ASPPA Net Staff7/27/2017 • 0 Comments

A new study finds a higher rate of workplace retirement plan participation, and claims that a widely cited measure of participation understates reality by about 5 percentage points. READ MORE

By ASPPA Net Staff7/25/2017 • 0 Comments

A group of lawmakers has responded to the DOL's request for information on the fiduciary regulation delay — by expressing concern that the RFI would be a pretext for revising the final rule. READ MORE

By ASPPA Net Staff7/21/2017 • 0 Comments

The House Education and the Workforce Committee approved legislation July 19 that would repeal the DOL fiduciary regulation. READ MORE

By ASPPA Net Staff7/17/2017 • 0 Comments

House Education and the Workforce Committee on July 19 will markup the Affordable Retirement Advice for Savers Act, a bill that would repeal the DOL's fiduciary rule. READ MORE

By ASPPA Net Staff7/17/2017 • 0 Comments

Automatic enrollment is the single most important feature an employer can adopt for Millennials and new hires to participate in a company’s DC plan, according to a new study from Wells Fargo. READ MORE

By ASPPA Net Staff7/17/2017 • 0 Comments

Fred Reish looks at two issues concerning the Best Interest Contract Exemption in the DOL's recent request for information about the fiduciary regulation. READ MORE

By ASPPA Net Staff7/13/2017 • 0 Comments

Yet another piece of legislation is being readied to repeal the fiduciary regulation. READ MORE

By ASPPA Net Staff7/12/2017 • 0 Comments

An Ohio man has been indicted by a federal grand jury for stealing money from… the nation’s private pension insurer. READ MORE

By ASPPA Net Staff7/11/2017 • 0 Comments

The latest issue of ASPPA’s Plan Consultant magazine has been posted on ASPPA Net. READ MORE

By ASPPA Net Staff7/7/2017 • 0 Comments

Discretion is said to be the better part of valor — but that’s not necessarily the case with discretionary accounts and the fiduciary regulation. READ MORE

By ASPPA Net Staff7/6/2017 • 0 Comments

Pension plans’ funded status slipped slightly in June, with mixed results for assets and slight growth in liabilities, says a recent report. READ MORE

By ASPPA Net Staff7/6/2017 • 0 Comments

While they’re not quite as strong as the numbers for the first quarter of the year, there should be plenty to celebrate in this year’s June 30 participant statements. READ MORE

By ASPPA Net Staff7/5/2017 • 0 Comments

DB plans, DC plans and 403(b) annuity arrangements with calendar plan years should keep in mind that the July 31 Form 5500 filing deadline for the 2016 plan year is not far off. READ MORE

By ASPPA Net Staff7/3/2017 • 0 Comments

The pilot program for OregonSaves, the state-run auto-IRA program for private-sector workers in Oregon, was launched on July 1. READ MORE

By ASPPA Net Staff7/3/2017 • 0 Comments

Would someone really just forget about large sums of money they had accumulated and set aside for years? As every plan administrator knows, the answer is yes. A recent blog post discusses the effects of such financial amnesia. READ MORE

By ASPPA Net Staff7/3/2017 • 0 Comments

Think the transition period for the fiduciary regulation will be extended? Fred Reish has some thoughts… READ MORE