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Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams2/27/2015 • 0 Comments

The Labor Department’s fiduciary reproposal isn’t the only fiduciary-related comeback news on Capitol Hill this week. READ MORE

By Nevin Adams2/27/2015 • 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 Adams2/26/2015 • 0 Comments

NAPA Net readers didn’t have to look very far to identify the biggest impediment to the adoption of lifetime income solutions in defined contribution plans. READ MORE

By Nevin Adams2/26/2015 • 0 Comments

If the Government Accountability Office (GAO) has its way, plan sponsors will have a new reporting obligation to the Department of Labor. READ MORE

By Nevin Adams2/24/2015 • 0 Comments

A lot of variables determine whether a project will be a success or failure, but in my experience, projects that lack either a limited budget and/or a specific timeframe are doomed from the outset.  READ MORE

By Nevin Adams2/23/2015 • 0 Comments

Today President Obama, as expected, will throw his support behind the Department of Labor’s controversial fiduciary rule reproposal — but the details of the proposal remain elusive.

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By Nevin Adams2/23/2015 • 0 Comments

Exceptions should not be the rule, at least not when it comes to the Department of Labor’s fiduciary regulation reproposal, according to a new white paper from the U.S. Chamber of Commerce. READ MORE

By Nevin Adams2/21/2015 • 0 Comments

The Department of Labor’s much-anticipated fiduciary reproposal drew intense criticism Feb. 20 from SEC Commissioner Daniel M. Gallagher.

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By Nevin Adams2/20/2015 • 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 Adams2/20/2015 • 0 Comments

On Sunday the 87th Academy Awards will honor what is said to be the best films of 2014, but the NAPA Net reader “academy” has already weighed in. READ MORE

By Nevin Adams2/17/2015 • 0 Comments

Plan investment committee members are frequently tapped for this important role for reasons that may have little to do with their background or expertise in the matters that will come before the committee. READ MORE

By Nevin Adams2/16/2015 • 0 Comments

For this week’s reader poll, we’ve mixed the pictures nominated for a “Best Picture” Oscar with those nominated for a “Worst Picture” Razzie – and we’ll let you sort it out. READ MORE

By Nevin Adams2/13/2015 • 0 Comments

Think you’ve had a bad week? It could have been worse. And it's Friday the 13th. Check out what happened to these guys…. READ MORE

By Nevin Adams2/12/2015 • 0 Comments

These days it’s almost impossible to have a meeting, make a presentation or even have a business-related conversation without being bombarded by buzzwords. READ MORE

By Nevin Adams2/10/2015 • 0 Comments

It has become something of an article of faith in our industry that “leakage,” the distribution of money from retirement accounts prior to retirement, is bad. READ MORE

By Nevin Adams2/10/2015 • 0 Comments

If the Senate Committee on Homeland Security and Government Affairs has its way, the Department of Labor has some ‘splaining to do on its fiduciary regulation reproposal. READ MORE

By Nevin Adams2/9/2015 • 0 Comments

It’s almost impossible to have a meeting, make a presentation, or even have a business-related conversation without being bombarded by … buzzwords. READ MORE

By Nevin Adams2/6/2015 • 0 Comments

There are many reasons why an employer of any size might choose not to offer a retirement plan at any particular time, but the coverage gap among smaller employers has drawn particular attention. READ MORE

By Nevin Adams2/5/2015 • 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 Adams2/3/2015 • 0 Comments

There was something of a feeling of déjà vu in President Obama’s budget proposal yesterday, certainly with regard to workplace retirement plans.

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Fred Barstein

Fred Barstein

Fred Barstein

By Fred Barstein2/26/2015 • 0 Comments

It’s no surprise that as DC plans have grown in popularity, so have lawsuits. Most of the well-known lawsuits have been against larger plans, but that’s no reason for smaller plans or their advisors to ignore the growing phenomenon. READ MORE

By Fred Barstein2/23/2015 • 0 Comments

While many see target date funds as a blunt instrument, assuming that all people set to retire within a five-year window have the same investment goals, most would also agree they are a better choice than investors managing their portfolios on their own. But what about managed accounts? READ MORE

By Fred Barstein2/17/2015 • 0 Comments

Despite being the QDIA of choice among DC plans by an overwhelming margin, the seemingly unstoppable growth of TDFs finally slowed in the last quarter of 2014. READ MORE

By Fred Barstein2/10/2015 • 0 Comments

With the graying of financial advisors, more and more are facing a difficult question: What’s next? READ MORE

By Fred Barstein2/9/2015 • 0 Comments

Following a review of mutual funds in qualified plans and charitable trusts, Raymond James sent a note to branch managers that some clients may be due a rebate based on the break points part of the funds’ prospectuses. READ MORE

By Fred Barstein2/6/2015 • 0 Comments

According to research from Morningstar, expense ratios in open-end mutual funds are showing a downward trend, spurred by the move to index funds as well as lower fees due to break points and savings passed to investors as funds grow. READ MORE

By Fred Barstein2/3/2015 • 0 Comments

Our newly updated DC Provider Consolidation Report shows that consolidation heated up dramatically in 2014, with 13 deals — up from six in 2013 and just three in 2008. The percentage of record keeper deals last year was 69% — up from 33% in 2013. READ MORE

By Fred Barstein2/3/2015 • 0 Comments

DC provider consolidation heated up dramatically in 2014, with 13 deals — up from six in 2013 and just three in 2008. READ MORE

By Fred Barstein2/2/2015 • 0 Comments

Can you accept commissions and be a fiduciary? Though it is rare (especially outside of ERISA plans), it is possible, as detailed by Duane Thompson. READ MORE

Jerry Bramlett

Jerry Bramlett

Jerry Bramlett

By Jerry Bramlett2/25/2015 • 0 Comments

When Nobel Prize winning economist and Yale University professor Robert Shiller speaks (or muses) about the markets, investors listen. READ MORE

By Jerry Bramlett2/12/2015 • 0 Comments

Despite the enormous amount of discussion about helping DC participants create a lifetime income stream from their DC savings, we have yet to see any significant change in how participants actually implement retirement income strategies during the accumulation phase. READ MORE

Mike  Bushnell

Mike Bushnell

Mike Bushnell

By Mike Bushnell2/25/2015 • 0 Comments

Even as the economy has bounced back from the dark days in the late 2000s, an overwhelming number of working-age Americans still have concerns about their finances. READ MORE

By Mike Bushnell2/18/2015 • 0 Comments

While there are diverse opinions on exactly how the retirement industry will change over the next five years, nearly everyone agrees that changes in technology and provider consolidation will shape the DC market of the second half of the decade. READ MORE

By Mike Bushnell2/13/2015 • 0 Comments

Buoyed by a rising stock market, most DC plan participants stayed the course, according to a new survey published by the Investment Company Institute. READ MORE

By Mike Bushnell2/9/2015 • 0 Comments

As life expectancy rates rise and the ratio of Social Security supporters to beneficiaries shrinks, NAPA Executive Director Brian Graff says Americans are going to have to accept the truth: something needs to change about how we as a country view retirement. READ MORE

By Mike Bushnell2/4/2015 • 0 Comments

Americans’ satisfaction with the DC retirement system is on the rise, and they’re averse to the government making any changes to it, a new report by the Investment Company Institute indicates. READ MORE

By Mike Bushnell2/2/2015 • 0 Comments

Seeking to spur the SEC into action on finally creating a universal ethics code for financial advisors, the Institute for the Fiduciary Standard (IFS) has released 11 best practices that they hope professionals will adopt even without government intervention. READ MORE

John Carl

John Carl

By John Carl2/24/2015 • 0 Comments

Responding to a question from a financial advisor in Maine, the ERISA consultants at the Columbia Management Retirement Learning Center Resource Desk addressed a common inquiry involving 401(k)-to-Roth IRA conversions. READ MORE

By John Carl2/18/2015 • 0 Comments

Responding to a question from a financial advisor in Massachusetts, the ERISA consultants at the Columbia Management Retirement Learning Center Resource Desk addressed an inquiry involving 10b5-1 plans. READ MORE

By John Carl2/11/2015 • 0 Comments

Responding to a question from an advisor in Idaho, the ERISA consultants at the Columbia Management Retirement Learning Center Resource Desk addressed a common inquiry involving automatic IRAs. READ MORE

By John Carl2/3/2015 • 0 Comments

Responding to a question from an advisor in Illinois, the ERISA consultants at the Columbia Management Retirement Learning Center Resource Desk addressed an inquiry about a British pension arrangement called a QROPS. READ MORE

Christopher Carosa

Christopher Carosa

Christopher Carosa

By Christopher Carosa2/18/2015 • 0 Comments

I recently spent a cold Tuesday morning on what’s called a “radio tour” — promoting my new book by appearing nationally to discuss the relative benefits of robo-advisors vs. human being advisors. What I learned may surprise you. READ MORE

Diane Gallagher

Diane Gallagher

By Diane Gallagher2/13/2015 • 0 Comments

More participants are shying away from the “do it yourself” approach and looking for more help — presenting a great opportunity for plan advisors to share their insight with plan sponsors. READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel2/27/2015 • 0 Comments

The White House's budget proposal sets aside $6.5 million in funding for the Department of Labor, along with waiver authority, to support state efforts to implement state-based automatic enrollment IRAs or 401(k)-type programs. READ MORE

By John Iekel2/4/2015 • 0 Comments

The Kentucky House of Representatives currently has legislation before it that, if enacted, would make the Bluegrass State the second to have a state IRA program in place. READ MORE

Judy Miller

Judy Miller

By Judy Miller2/3/2015 • 0 Comments

President Obama’s 2016 budget has been issued, and while parts could expand retirement plan coverage, others are likely to undermine those good intentions. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo2/27/2015 • 0 Comments

Add the Evergreen State to the list of states that are considering legislation affecting the marketplace for private retirement plan products. READ MORE

By Andrew Remo2/12/2015 • 0 Comments

Legislation just introduced in the Oregon State Senate brings the Beaver State a step closer to establishing a state-run retirement savings program. READ MORE

By Andrew Remo2/4/2015 • 0 Comments

In addition to proposals that include a retirement savings cap, double-taxing contributions of those above the 28% tax bracket and encouraging automatic enrollment, President Obama’s budget blueprint for fiscal year 2016 seeks to change the tax treatment of IRAs and qualified retirement plans. READ MORE

Tom Rowley

Tom Rowley

By Tom Rowley2/12/2015 • 0 Comments

Many people have asked how the retirement proposals in a fact sheet published before President Barack Obama’s State of the Union address will affect them. The answer is they won’t — only proposals that become law affect citizens. READ MORE

NAPA Net Staff

NAPA Net Staff

By NAPA Net Staff2/27/2015 • 0 Comments

Vanguard plans to expand its low-cost target-date lineup with an array of new mutual funds and trusts for institutional investors by the end of the second quarter, the company announced Feb. 26. Additionally, Vanguard will increase the exposure to international equity and fixed income in several all-in-one funds, including the Target Retirement Funds. READ MORE

By NAPA Net Staff2/26/2015 • 0 Comments

Fidelity Investments® announced Feb. 26 an innovative new program designed to motivate investors to accelerate their retirement preparedness through a matching contribution component to qualifying IRAs. READ MORE

By NAPA Net Staff2/26/2015 • 0 Comments

The recent White House budget proposal sets aside $6.5 million in funding for the Department of Labor, along with waiver authority, to support state efforts to implement state-based automatic enrollment IRAs or 401(k)-type programs. READ MORE

By NAPA Net Staff2/25/2015 • 0 Comments

A 401(k) revenue-sharing lawsuit finally got its day before the U.S. Supreme Court. READ MORE

By NAPA Net Staff2/24/2015 • 0 Comments

As the Obama administration unveils its fiduciary rule reproposal, NAPA Executive Director Brian Graff has warned that the regulations could have serious and negative consequences. READ MORE

By NAPA Net Staff2/24/2015 • 0 Comments

The average U.S. household’s savings rate jumped to 5.5% last year, up from 4.6% in 2013, according to a new household finance study by Hearts & Wallets. READ MORE

By NAPA Net Staff2/24/2015 • 0 Comments

According to an analysis by BrightScope, average fees for small plans run between 1.5% and 2%. READ MORE

By NAPA Net Staff2/23/2015 • 0 Comments

Despite the encouragement of regulators, the retirement plan industry at large and many retirement plan advisors, the take-up rate among plan sponsors remains rather modest. READ MORE

By NAPA Net Staff2/21/2015 • 0 Comments

In what was described as the largest settlement of a 401(k) excessive fee claim ever against a single employer, a revenue-sharing lawsuit that had sought $1.3 billion in damages was settled for considerably less.

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By NAPA Net Staff2/20/2015 • 0 Comments

Presenting a budget he said was “honest with the people of Illinois,” new Illinois Gov. Bruce Rauner (R) has proposed massive cuts to balance the state’s budget, with state pension plans bearing the brunt. READ MORE

By NAPA Net Staff2/19/2015 • 0 Comments

The application window for the 2015 NAPA DC Fly-In Forum is now open! NAPA has moved up the dates for this year’s annual DC Fly-In Forum to July 21 and 22. READ MORE

By NAPA Net Staff2/18/2015 • 0 Comments

Two-thirds of American adults have experienced an event or situation that has had a negative effect on their financial plans for the long-term/retirement, including 75% of those under age 25, according to a new report. READ MORE

By NAPA Net Staff2/17/2015 • 0 Comments

The ERISA public disclosure website — which houses filings by health and pension plans of private employers — is headed for the cloud. READ MORE

By NAPA Net Staff2/13/2015 • 0 Comments

It seems that part of that “Silver Tsunami” heading into retirement is made up of financial advisers. READ MORE

By NAPA Net Staff2/12/2015 • 0 Comments

Nearly half of plan sponsor respondents say they offer no retirement income options in their DC plans — and another third say they are unsure about which options are offered. READ MORE

By NAPA Net Staff2/11/2015 • 0 Comments

Voya Financial announced Feb. 10 that its Retirement Solutions business has added a new retirement income investment option to its record keeping platform. READ MORE

By NAPA Net Staff2/11/2015 • 0 Comments

In January, Morningstar analysts upgraded four U.S. mutual fund ratings, downgraded five fund ratings and assigned three new ratings. READ MORE

By NAPA Net Staff2/11/2015 • 0 Comments

The IRA rollover market — already a large component of the nation’s retirement savings — could see another surge in the next 12 months, according to a new report. READ MORE

By NAPA Net Staff2/11/2015 • 0 Comments

An emerging “Generation D” (for digital) is not only embracing technology, but those tools are influencing their relationship with their advisors, a new survey by Accenture found. READ MORE

By NAPA Net Staff2/11/2015 • 0 Comments

The percentage of plans offering investment advice slipped lower over the past year, with most of that decline coming at the expense of advisors. READ MORE

By NAPA Net Staff2/10/2015 • 0 Comments

Greenspring Wealth Management, Inc., announced Feb. 3 the launch of Target Date (k)larity®, an evaluation tool to help DC plan fiduciaries and committees choose the most appropriate TDF strategy for their participants and to help fulfill their fiduciary duties. READ MORE

By NAPA Net Staff2/10/2015 • 0 Comments

The world’s pension assets grew 6% last year, and now amount to around 84% of global Gross Domestic Product (GDP), substantially higher than the 54% recorded in 2008. READ MORE

By NAPA Net Staff2/9/2015 • 0 Comments

There is an inverse relationship between the generosity of a local government defined benefit plan and its employees’ contributions to a supplemental retirement plan, a team of North Carolina State University researchers found. READ MORE

By NAPA Net Staff2/5/2015 • 0 Comments

The IRS has outlined some errors of omission — or commission — that could draw audit scrutiny for your plan sponsor clients. READ MORE

By NAPA Net Staff2/5/2015 • 0 Comments

Cafaro Greenleaf announced Feb. 5 the launch of its ERISA 3(21) and 3(38) Investment Fiduciary Services. READ MORE

By NAPA Net Staff2/5/2015 • 0 Comments

January turned out to be a rough month for stocks, but participant balances managed to gain ground. READ MORE

By NAPA Net Staff2/5/2015 • 0 Comments

There’s been plenty of talk about the need to save more for retirement, increase participation in retirement plans and heighten awareness about the need to be ready to support oneself in one’s “golden years.” READ MORE

By NAPA Net Staff2/4/2015 • 0 Comments

A new survey finds that more than three-quarters (76%) of Baby Boomers who retired within the past five years felt “in control” of their decision to retire. READ MORE

By NAPA Net Staff2/4/2015 • 0 Comments

Fidelity Investments announced Feb. 2 that it has agreed to acquire eMoney Advisor, a leading wealth planning software firm. READ MORE

By NAPA Net Staff2/2/2015 • 0 Comments

Deferral and savings rates in 401(k) plans improved at a stronger rate than expected in 2014, recent studies reveal. READ MORE

By NAPA Net Staff2/2/2015 • 0 Comments

Last week companion bills were introduced in the House and Senate intended to, among other things, encourage more small employers to offer retirement plans. READ MORE

By NAPA Net Staff2/2/2015 • 0 Comments

With the Department of Labor’s “no advice” regulation rumored to be unveiled shortly, NAPA is moving up the dates for this year’s annual DC Fly-In Forum to July 21 and 22. READ MORE

Don Trone

Don Trone

By Don Trone2/23/2015 • 0 Comments

I just came across an incredible story that was reported by Financial Planning magazine recently: “Charles Barkley Plug [Is] a Slam Dunk for Raymond James Advisor.” READ MORE

Jon Vogler

Jon Vogler

By Jon Vogler2/24/2015 • 0 Comments

As expected, President Obama’s fiscal year 2016 federal budget proposal, released on Feb. 2, includes many retirement-related items. Here’s a brief recap of key retirement provisions. READ MORE