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Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams1/30/2015 • 0 Comments

Think you’ve had a bad week? It could have been worse. Check out what happened to these guys…. READ MORE

By Nevin Adams1/30/2015 • 0 Comments

The Super Bowl looms — and yet it seems that all anyone is talking about is — deflationgate! READ MORE

By Nevin Adams1/30/2015 • 0 Comments

The 114th Congress has gotten off to a quick start with retirement legislation. READ MORE

By Nevin Adams1/27/2015 • 0 Comments

Will your portfolio soar with the Seahawks, or get punched by the Patriots? READ MORE

By Nevin Adams1/27/2015 • 0 Comments

It’s one thing to help people who are saving for retirement make better decisions — but what about those who aren’t? READ MORE

By Nevin Adams1/26/2015 • 0 Comments

Last week we asked readers to weigh in on the most likely outcome(s) of the Department of Labor’s fiduciary reproposal. READ MORE

By Nevin Adams1/26/2015 • 0 Comments

The Super Bowl looms — and yet it seems that all anyone is talking about is — deflationgate! READ MORE

By Nevin Adams1/23/2015 • 0 Comments

Think you’ve had a bad week? It could have been worse. Check out what happened to these guys... READ MORE

By Nevin Adams1/23/2015 • 0 Comments

With a month to go before its Supreme Court hearing, the employer defendant in a 401(k) excessive fee litigation case has petitioned the nation’s high court to drop the case. READ MORE

By Nevin Adams1/20/2015 • 0 Comments

So, how does it feel to be compared to a termite? READ MORE

By Nevin Adams1/20/2015 • 0 Comments

Rumor has it that the Department of Labor’s fiduciary reproposal will resurface shortly, and that the president may even offer it support in the State of the Union Address. READ MORE

By Nevin Adams1/16/2015 • 0 Comments

Think you’ve had a bad week? It could have been worse. Check out what happened to these guys... READ MORE

By Nevin Adams1/15/2015 • 0 Comments

The 7th U.S. Circuit Court of Appeals has outlined the conditions for determining the existence of a partial plan termination, ruling on the fifth appeal of what it called a “seemingly interminable class action suit.” READ MORE

By Nevin Adams1/13/2015 • 0 Comments

Our industry spends a lot of time and money educating workers about the advantages and mechanics of saving for retirement. But here are six things I think too often go unsaid. READ MORE

By Nevin Adams1/12/2015 • 0 Comments

Setting effective retirement plan policy can be a tricky business. READ MORE

By Nevin Adams1/7/2015 • 0 Comments

Despite media attention surrounding the Millennial Generation’s relatively poor economic outcomes during the Great Recession, a new analysis by researchers at the Federal Reserve finds that they have fared better on many measures than both current older adults and earlier young adults. READ MORE

By Nevin Adams1/6/2015 • 0 Comments

For those of you who find yourself starting the year with new plan sponsor clients, or new members of the plan committee, or perhaps even incumbents who could benefit from some New Year’s resolutions, here’s five things every plan sponsor should know. READ MORE

Fred Barstein

Fred Barstein

Fred Barstein

By Fred Barstein1/28/2015 • 0 Comments

Despite double digit returns for equities last year, the cost of retirement income for 55-year-olds rose dramatically, according to BlackRock’s CoRI indexes. READ MORE

By Fred Barstein1/26/2015 • 0 Comments

Call it a conspiracy or coincidence, but it seems that the SEC, FINRA, the DOL and the White House are all singing from the same hymnal: eliminate potential conflicts of interests by brokers when advising on IRA rollovers. READ MORE

By Fred Barstein1/23/2015 • 0 Comments

The percentage of plans offering custom TDFs almost doubled in 2014, from 11.5% to 22.3%, according to a recent Callan Associates study of nearly 150 larger plans.

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By Fred Barstein1/22/2015 • 0 Comments

Like the Cleveland Cavaliers, the newly minted Empower-Retirement has put together a dream team combining three stars that, on paper, seem to mesh well. READ MORE

By Fred Barstein1/20/2015 • 0 Comments

Advisors that overemphasize retirement readiness and investments with clients and prospects may be missing the boat. Most plan sponsors, especially front-line people, want to know if their plan is in compliance and whether they would pass a DOL audit. READ MORE

By Fred Barstein1/15/2015 • 0 Comments

There’s no doubt that traditional indexing is cleaning up at the expense of active managers. But that space can be crowded — with Vanguard and BlackRock dominating and little room for differentiation. So some firms like Pimco and JP Morgan are making moves to expand into the smart beta market, which gets 20% of all ETF assets, according to Morningstar. READ MORE

By Fred Barstein1/13/2015 • 0 Comments

The result of the surprising departure of Mohamed El-Erian from Pimco, followed by the stunning exit of Bill Gross: the largest outflow by any mutual fund firm in history. The final tally was $150 billion. READ MORE

By Fred Barstein1/12/2015 • 0 Comments

According to revised projections by InvestmentNews, advisor movement in Q4 2014 will increase by 10%, making it flat to the previous quarter. However, we could see a 15% increase in 2015. READ MORE

By Fred Barstein1/2/2015 • 0 Comments

Whether we admit it or not, most of us look at advisor movement not only to see trends (i.e., which BDs and RIAs are gaining and which channel is growing) but also to see if we know the advisor or the team. So when InvestmentNews posted its year-end wrapup of advisor changes, it was hard to resist a quick look.

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Jerry Bramlett

Jerry Bramlett

Jerry Bramlett

By Jerry Bramlett1/28/2015 • 0 Comments

A comprehensive study by PwC projects that ETFs are on track to double to $5 trillion by 2020. A view of what is driving much of this growth helps to shed light on what may lie ahead for the DC market. READ MORE

By Jerry Bramlett1/21/2015 • 0 Comments

As the the U.S. represents an ever-decreasing share of the world’s capital markets, plan advisors and asset allocators must continue to evaluate the role of international diversification in their DC investment lineups. READ MORE

By Jerry Bramlett1/14/2015 • 0 Comments

Smart beta’s name continues to be surrounded by confusion. The important question that needs to be answered is whether this new catchphrase is helpful to investors seeking to understand the best investment strategy for their particular situation. READ MORE

By Jerry Bramlett1/7/2015 • 0 Comments

Researchers have predicted that equity returns will suffer once the Baby Boomers begin to retire, since retirees are less inclined to invest in stocks given their need for income and their shorter investment time horizon. READ MORE

Mike  Bushnell

Mike Bushnell

Mike Bushnell

By Mike Bushnell1/29/2015 • 0 Comments

Exchange-traded funds are growing in popularity, and a new report from Cerulli Associates says that an increasing number of asset managers are finding new ways to incorporate them into their plans. READ MORE

By Mike Bushnell1/27/2015 • 0 Comments

Stakeholders from every corner of the retirement plan universe agree that increasing participant enrollment is a top priority. Vanguard believes they can solve the participation problem by learning lessons from an industry that grows every year: online shopping. READ MORE

By Mike Bushnell1/15/2015 • 0 Comments

During deliberations on the package of 11 bills designed to roll back provisions of Dodd-Frank this week, House Republicans thwarted an effort by Rep. Maxine Waters (D-Calif.) to attach an amendment allowing the SEC to impose user fees on advisors to fund additional examinations. READ MORE

By Mike Bushnell1/8/2015 • 0 Comments

With bears beginning to growl and prognostications of an upcoming downturn growing ever louder, more investors are kicking the tires on smart beta strategies that combine elements of both passive and active strategies. READ MORE

John Carl

John Carl

By John Carl1/20/2015 • 0 Comments

Responding to a question from an advisor in Missouri, the ERISA consultants at the Columbia Management Retirement Learning Center Resource Desk addressed President Obama’s tax reform proposals that could affect retirement savings.

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By John Carl1/13/2015 • 0 Comments

Responding to a question from an advisor in Minnesota, the ERISA consultants at the Columbia Management Retirement Learning Center Resource Desk addressed a common inquiry involving the tax impact of a Roth IRA conversion.  READ MORE

By John Carl1/6/2015 • 0 Comments

Responding to a question from an advisor in South Carolina, the ERISA consultants at the Columbia Management Retirement Learning Center Resource Desk addressed a common inquiry involving available tax credits for retirement plan sponsors and participants. READ MORE

Craig Hoffman

Craig Hoffman

Craig Hoffman

By Craig Hoffman1/12/2015 • 0 Comments

A regulation that would allow for a “window” period for giving out the annual notice required in most 401(k) plans appears to be heading for a spring 2015 publication date — and that could be good news for your plan sponsor clients. READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel1/30/2015 • 0 Comments

The draft White House memo about the DOL's pending fiduciary definition proposal continues to engender negative reaction. Tim Pawlenty, CEO of the Financial Services Roundtable, weighed in on Jan. 28.

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By John Iekel1/21/2015 • 0 Comments

Employers are appreciating the value of automatic enrollment, and increasing numbers are implementing it into their retirement plans. Several recent studies have found that more employers are using it, although one points out that enthusiasm about auto features is not universal. READ MORE

By John Iekel1/20/2015 • 0 Comments

Overall, 75% of the states have passing grades regarding their public pension plans. But that bit of fairly good news is not the whole story. The Urban Institute’s latest rating of public pension plans in all 50 states contains some good news, but also draws attention to plenty of red flags. READ MORE

By John Iekel1/5/2015 • 0 Comments

Illinois has become the first state to put in place a state-run retirement plan in which private-sector employees can participate. On Jan. 4, Gov. Pat Quinn (D) signed into law SB2758, the measure that creates the Illinois Secure Choice Savings Program. READ MORE

John Ortman

John Ortman

By John Ortman1/26/2015 • 0 Comments

In a recent ThinkAdvisor column, the always-insightful Michael Kitces offers his take on the three biggest challenges facing financial advisors this year. READ MORE

By John Ortman1/15/2015 • 0 Comments

The NAPA Net Daily will not publish on Martin Luther King Day. We’ll return on Tuesday. READ MORE

By John Ortman1/14/2015 • 0 Comments

As we reported last month, Nationwide settled a 13-year-old revenue sharing lawsuit for a whopping $140 million. FRA PlanTools’ David Witz suggests seven steps advisors should take to mitigate their litigation risk in the wake of the settlement.

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By John Ortman1/12/2015 • 0 Comments

Alternative funds have grown from $33 billion to $456 billion in the last 10 years, according to Lipper data. But their lack of liquidity may spur new rules from the SEC, as the commission’s chair Mary Jo White noted in a speech last month. READ MORE

By John Ortman1/9/2015 • 0 Comments

Long-term U.S. Treasury bonds were up 3% in the first week of January, following a blowout 2014 in which they rocketed up 30% — one of the five best years of all time. So are investors, wary of a meltdown in the stock market, missing a ‘melt-up’ in long bonds? READ MORE

By John Ortman1/8/2015 • 0 Comments

Which will do better over the next 20 years: large cap or small cap stocks? Growth or value? Paul Merriman is calling out John Bogle on his recent prediction that the answer is large caps and growth stocks. READ MORE

By John Ortman1/7/2015 • 0 Comments

In one of the first acts of the new Republican-controlled Congress, the House of Representatives adopted a rule change Jan. 6 that directs Congress’ legislative analysts to incorporate the economic effects of major legislation into their official cost estimates of proposed legislation, including future tax reform bills. READ MORE

By John Ortman1/7/2015 • 0 Comments

In a departure from its approach in the past, FINRA’s annual Regulatory and Examination Priorities Letter for 2015, issued Jan. 6, said that brokers can avoid compliance problems by acting in the best interests of their clients — a standard of fiduciary duty beyond the suitability standard. READ MORE

By John Ortman1/6/2015 • 0 Comments

Okay, so it’s definitely too early in the new year to designate the coolest new web thingy of 2015. But if we’re compiling candidates, the “Build Your Own Public Pension Plan” online simulator just unveiled by the Urban Institute gets to be first on the list. READ MORE

By John Ortman1/5/2015 • 0 Comments

The popularity of annuities featuring guaranteed minimum income benefit riders, or GMIBs, tends to surge following market downturns like in 2000 and 2008. Conversely, during market advances like we’re seeing today, buyer’s remorse can set in as annuitants eyeball alternative investments with much lower fees. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo1/26/2015 • 0 Comments

The new chairman of the Senate Finance Committee has staked out his plans, and the Committee’s agenda, for dealing with pension reform.

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By Andrew Remo1/21/2015 • 0 Comments

Still hoping that the latest iteration of the fiduciary rule proposal would preserve a broad seller’s exemption for the small retirement plan market or allow retirement plan advisors to continue to offer rollover advice to participants? Better think again. READ MORE

By Andrew Remo1/16/2015 • 0 Comments

With President Obama poised to deliver his State of the Union address this Tuesday, a powerful coalition of retirement, union, and so-called consumer protection groups have launched a new attack on retirement plan advisors. READ MORE

By Andrew Remo1/14/2015 • 0 Comments

Rep. Chris Van Hollen (D-MD), the Ranking Democratic Member of the House of Representatives’ Budget Committee, unveiled a set of tax proposals Jan. 12 that are said to be designed, at least in part, to redistribute current tax breaks for the wealthy to middle-class workers. READ MORE

Tom Rowley

Tom Rowley

By Tom Rowley1/14/2015 • 0 Comments

A new, taxpayer-unfriendly rule regarding IRA rollovers took effect as the calendar rolled over to a new year. Starting on Jan. 1, 2015, if an IRA rollover occurs from one IRA, the IRA owner can’t do another rollover from any IRA for a 12-month period. To give you some perspective, let’s look at what’s changed and what it means for IRA owners. READ MORE

NAPA Net Staff

NAPA Net Staff

By NAPA Net Staff1/29/2015 • 0 Comments

The U.S. Senate’s Health, Education, Labor and Pensions Committee announced on Jan. 28 its assignments for the committee’s three subcommittees for the 114th Congress, including the Primary Health and Retirement Security subcommittee. READ MORE

By NAPA Net Staff1/28/2015 • 0 Comments

The ERISA Advisory Council has thrown its support behind the notion of multiple employer plans as a means of encouraging plan formation. READ MORE

By NAPA Net Staff1/28/2015 • 0 Comments

NAPA has announced that actor John Ratzenberger will be keynoting the NAPA Political Action Committee lunch at the 2015 NAPA 401(k) Summit in San Diego March 23. READ MORE

By NAPA Net Staff1/28/2015 • 0 Comments

The ERISA Advisory Council has published its recommendations on facilitating lifetime plan participation. READ MORE

By NAPA Net Staff1/28/2015 • 0 Comments

The National Association of Plan Advisors has announced the 10 semifinalists for its 2015 401(k) Advisor Leadership Award. READ MORE

By NAPA Net Staff1/27/2015 • 0 Comments

The just-posted Winter 2014 issue of NAPA Net the Magazine features our cover story by Bruce Shutan highlighting ways that advisors are changing the conventional wisdom about the decumulation phase of retirement. READ MORE

By NAPA Net Staff1/23/2015 • 0 Comments

Automatic enrollment more than doubles participation rates, at least among new hires, according to a new study. READ MORE

By NAPA Net Staff1/23/2015 • 0 Comments

Broadridge Financial Solutions has signed an agreement to acquire the trade processing business of the Wilmington Trust Retirement and Institutional Services (WTRIS) unit of M&T Bank, the firm announced Jan. 21. READ MORE

By NAPA Net Staff1/20/2015 • 0 Comments

Pershing LLC, a BNY Mellon company, announced Jan. 20 the rollout of its Retirement Plan Network, a new solution to help broker-dealers, investment advisors and RIAs grow their retirement plan business. READ MORE

By NAPA Net Staff1/20/2015 • 0 Comments

Participant transfers closed out the busiest trading quarter of 2014 on a quiet note, according to a new report. READ MORE

By NAPA Net Staff1/20/2015 • 0 Comments

Plan Administrators Inc. (PAi) announced Jan. 14 the “takeoff” of “Co-Pilot 401k,” a full-scope plan created to help participants chart a smooth course toward retirement and designed to address turbulence often faced by plan advisors. READ MORE

By NAPA Net Staff1/19/2015 • 0 Comments

A year ago, President Obama touted the voluntary MyRA in his State of the Union address — but the White House has a lot more to say about retirement this year — and it’s a lot less voluntary. READ MORE

By NAPA Net Staff1/19/2015 • 0 Comments

Setting effective retirement plan policy can be a tricky business, but when those policies are based on false assumptions or misunderstandings… well, that can be a real problem. READ MORE

By NAPA Net Staff1/16/2015 • 0 Comments

For the fourth consecutive year, Putnam Investments has been named the sole recipient of the “Total Client Experience” award from DALBAR Inc., the industry-leading financial services market research and consulting firm. READ MORE

By NAPA Net Staff1/15/2015 • 0 Comments

Pentegra Retirement Services announced Jan. 12 that it will make available a new lifetime retirement income product in conjunction with Hueler Income Solutions®. READ MORE

By NAPA Net Staff1/15/2015 • 0 Comments

Registering for the nation’s largest and most successful retirement plan advisor conference just got even easier. READ MORE

By NAPA Net Staff1/13/2015 • 0 Comments

In December, Morningstar analysts upgraded three U.S. mutual fund ratings, downgraded five fund ratings and assigned three new ratings. The upgraded funds are: READ MORE

By NAPA Net Staff1/13/2015 • 0 Comments

The Pension Resource Institute, LLC announced Jan. 6 it has added Snowden Capital Advisors, LLC (d.b.a. Snowden Lane Partners), a New York-based investment advisor, and Snowden Account Services, Inc. its affiliated broker-dealer. READ MORE

By NAPA Net Staff1/13/2015 • 0 Comments

Plan sponsors are increasingly focused on the challenges of workforce management, seeking effective ways to help older workers retire in an orderly fashion, while clearing the way for newer hires. READ MORE

By NAPA Net Staff1/12/2015 • 0 Comments

John Hancock Retirement Plan Services announced Jan. 8 that it has hired Steve Davis as divisional vice president, responsible for sales and sales management in the Mid-Atlantic region. 

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By NAPA Net Staff1/12/2015 • 0 Comments

Things you might have missed — highlights of last week’s posts on NAPA Net included:

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By NAPA Net Staff1/9/2015 • 0 Comments

MassMutual’s Retirement Services has added three Managing Directors (MDs) to support sales of DC plans in the government market. The new hires, who report to Bill Abramowicz, Divisional VP, raise the total number of the firm’s regional sales representatives to 83, including the institutional market, which includes government entities and the emerging market. READ MORE

By NAPA Net Staff1/8/2015 • 0 Comments

Participants’ 401(k) loan activity in 2013 was little-changed from year-end 2012 — but it remained noticeably higher than before the Great Recession, according to a new report. READ MORE

By NAPA Net Staff1/8/2015 • 0 Comments

Think you’ve had a bad week? It could have been worse. Check out what happened to these guys... READ MORE

By NAPA Net Staff1/8/2015 • 0 Comments

Pentegra Retirement Services announced Jan. 7 the promotion of Jake Linney, QPA, QPFC, ERPA, to Regional Director for the firm’s qualified plan sales. Linney will lead the company’s business development efforts in Pennsylvania, reporting to Pete Swisher, SVP of National Sales.

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By NAPA Net Staff1/7/2015 • 0 Comments

It was not a good year for pension funding. From year-end 2013 to year-end 2014, the estimated aggregate funding level of pension plans sponsored by S&P 1500 companies dropped from 88% to 79%, according to Mercer. READ MORE

By NAPA Net Staff1/7/2015 • 0 Comments

Pioneer Investments has announced two new senior hires to lead its U.S. Intermediary Distribution and Marketing and Product Development units. READ MORE

By NAPA Net Staff1/5/2015 • 0 Comments

Participants who stayed with their 401(k) in 2014 should find a lot to like in those end-of-year statements. READ MORE

By NAPA Net Staff1/5/2015 • 0 Comments

BNY Mellon announced today that it has acquired Cutwater Asset Management, a fixed income and solutions specialist with a 20-year track record and approximately $22 billion in assets under management. 

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By NAPA Net Staff1/5/2015 • 0 Comments

Things you might have missed — highlights of last week’s NAPA Net coverage. READ MORE

By NAPA Net Staff1/5/2015 • 0 Comments

The response to this year’s NAPA Top Wholesaler “Wingman” voting has been overwhelming — and so, by popular request, we’ve extended the deadline. READ MORE

By NAPA Net Staff1/2/2015 • 0 Comments

If you made a New Year’s resolution to be more efficient or to connect with clients more often, one way to get started is to invest in one of these simple tech gadgets.

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By NAPA Net Staff1/2/2015 • 0 Comments

Will the Old Dominion join the list of states considering a state-run retirement savings plan? A majority of registered voters in Virginia age 45 and older support a state-run plan, according to a recent survey by AARP.

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By NAPA Net Staff1/2/2015 • 0 Comments

Some like to make New Year’s resolutions; some specifically avoid doing so. And some choose only to resolve not to make New Year’s resolutions.

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By NAPA Net Staff1/2/2015 • 0 Comments

While finances aren’t topping their New Year’s resolutions lists, Americans are more likely to say they’ll seek the advice of a financial professional in 2015 than they were a year ago.

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By NAPA Net Staff1/2/2015 • 0 Comments

Have the retirement plans you work with had a checkup in the last year? If not, the IRS says one could be overdue.

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Alisa Wolking

Alisa Wolking

By Alisa Wolking1/20/2015 • 0 Comments

The 114th Congress has officially kicked off, and federal tax reform remains high on the agenda for this year. On Jan. 15 the Senate Finance Committee, which has jurisdiction over tax policy, announced that Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) are launching five tax reform working groups to develop recommendations for comprehensive federal tax reform. READ MORE