Business Systems

Business Systems

Business Systems

By ASPPA Net Staff11/25/2015 • 0 Comments

A new study challenges the notion that the tax deferral basis of the current U.S. retirement savings system is “upside down” and finds that the benefits of the U.S. retirement system are progressive. READ MORE

By ASPPA Net Staff11/23/2015 • 0 Comments

The IRS will be holding a Dec. 18 hearing on proposed regulations relating to the administration of a multiemployer plan participant vote on an approved suspension of benefits under the Multiemployer Pension Reform Act of 2014 (MPRA). READ MORE

By ASPPA Net Staff11/20/2015 • 0 Comments

In “Is Your Benefits Communication Reaching Your Millennial Employees?” Kellie Riccelli offers ideas on presenting and phrasing information in a way that could be helpful in boosting Millennals' participation in retirement plans. READ MORE

By ASPPA Net Staff11/13/2015 • 0 Comments

Outsourcing plan administration can help in meeting increasingly complicated requirements — but it’s not a full absolution from all responsibilities, argues Fiduciary Plan Governance in a recent blog entry. READ MORE

By ASPPA Net Staff11/13/2015 • 0 Comments

In “Best Practices for Administering Auto Enrollment Plans,” a webcast that will be held on Tuesday, Nov. 17, J.J. McKinney will examine the successes of automatic enrollment, plan design considerations and types of clients that might be better served by looking for solutions elsewhere. READ MORE

By ASPPA Net Staff11/11/2015 • 0 Comments

Recent research by Milliman, Inc. shows mixed signals for private-sector pension plans; their funded status dropped and liabilities grew, but funding problems may have begun to turn the corner. READ MORE

By ASPPA Net Staff11/9/2015 • 0 Comments

Effective Feb. 12, 2016, the IRS will no longer be offering the ERPA Special Enrollment Examination (ERPA SEE) to become an ERPA. READ MORE

By Nevin Adams11/9/2015 • 0 Comments

Working with retirement plans is a complicated, challenging and constantly changing process; nonetheless, there are certain constants — and things that bear repeating and/or reconsidering from time to time.
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By John Iekel11/9/2015 • 0 Comments

As the Department of Labor prepares the final iteration of its proposed fiduciary rule, it may be useful to look back on how this all came about and what it entails — and the Congressional Research Service has issued a report that facilitates just that kind of review. READ MORE

By Karen Smith10/23/2015 • 0 Comments

Karen Smith offers her perspective on purchasing 3(16) services in an article that is a follow-up to “Is There a Market for 3(16) Plan Administrator Services?” the third in a three-part series of columns that recently appeared in ASPPA Connect. READ MORE

By ASPPA Net Staff10/22/2015 • 0 Comments

Here’s a recap of our coverage of sessions and speakers from the 2015 ASPPA Annual Conference: READ MORE

By John Iekel10/22/2015 • 0 Comments

t’s all about service. That was the core message of an Oct. 20 session at the 2015 ASPPA Annual Conference in which Norman Levinrad, President and Chief Actuary of Summit Benefit and Actuarial Services, offered practical tips and insights for managing client relationships and expectations. READ MORE

By ASPPA Net Staff10/15/2015 • 0 Comments

The recent rough patch corporate pensions have had may have broader implications. READ MORE

By ASPPA Net Staff10/8/2015 • 0 Comments

Three former chairs of the Securities and Exchange Commission (SEC) said at a TD Ameritrade summit in Washington, D.C. on Oct. 6 that they want the agency they ran to join the effort to set a fiduciary rule. READ MORE

By ASPPA Net Staff10/8/2015 • 0 Comments

The Consumer Financial Protection Bureau and the Federal Trade Commission have taken steps to curb questionable practices concerning pension advance transactions, the Government Accountability Office (GAO) says in a report it recently issued. READ MORE

By ASPPA Net Staff10/6/2015 • 0 Comments

New legislation introduced in the Senate claims to shore up retirement security for women — but it’s got implications for plan design and administration. READ MORE

By ASPPA Net Staff10/5/2015 • 0 Comments

In “The Right Way to Sell a Cash Balance Plan,” a column by Max Wyman that appeared in the Summer 2015 issue of Plan Consultant, he discusses what cash balance plans are and how they operate. READ MORE

By ASPPA Net Staff10/2/2015 • 0 Comments

In “Using the Power of Coverage Testing for Creative Plan Design,” a webcast that will be held from 2:00-3:40 p.m. ET on Oct. 7, Kevin J. Donovan will explore the creative opportunities the coverage testing rules provide for meeting clients’ objectives. READ MORE

By ASPPA Net Staff9/30/2015 • 0 Comments

ERISA does not preempt the application of all federal laws and regulations to retirement plans — and that includes website privacy standards set by the Federal Trade Commission. READ MORE

By ASPPA Net Staff9/28/2015 • 0 Comments

In “How Long Can You Hold Your Breath?,” a column that appeared in the Summer 2015 issue of Plan Consultant, David J. Witz argues that the statute of limitations under ERISA Section 413 provides a way to establish a documented process that a retirement plan committee can use to defend their decisions and mitigate the risk of litigation over claims for excessive fees. READ MORE

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