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Nevin Adams

Nevin Adams

Nevin Adams

By Nevin Adams4/28/2015 • 0 Comments

Why did your plan sponsor clients hire you? Why do they retain your services? READ MORE

By Nevin Adams4/27/2015 • 0 Comments

Concerns about retirement plan “leakage” continue to emerge. But could plan design play a role in encouraging — or discouraging — current trends? READ MORE

By Nevin Adams4/27/2015 • 0 Comments

You may like what you do for a living — or you may not. Or maybe you like what you’re doing, but have always wondered about a different career choice. READ MORE

By Nevin Adams4/24/2015 • 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 Adams4/24/2015 • 0 Comments

A recent survey finds that three-quarters of advisors are using social media for business, and two-thirds (66%) have gained new clients via social media — up from 49% in 2013. READ MORE

By Nevin Adams4/21/2015 • 0 Comments

When is a plan not a plan? When you have a retirement plan at work, apparently. READ MORE

By Nevin Adams4/21/2015 • 0 Comments

EBRI's 2015 Retirement Confidence Survey finds that the nation’s retirement confidence continues to rebound from the record lows experienced between 2009 and 2013 — but exclusively among those who, directly or via their spouse, have a retirement plan. READ MORE

By Nevin Adams4/20/2015 • 0 Comments

A 2014 survey found that three-quarters of advisors are using social media for business, and two-thirds have gained new clients via social media — up from 49% in 2013. READ MORE

By Nevin Adams4/17/2015 • 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 Adams4/16/2015 • 0 Comments

It’s not altogether clear (to me at least) what insights one might glean from the answer(s) to that particular interview question… READ MORE

By Nevin Adams4/14/2015 • 0 Comments

Last week I highlighted three “myths” about the retirement system that will not die — all the more distressing because they are perpetuated by retirement industry pundits. Here are three more that (mostly) aren’t perpetuated by those who actually work with retirement plans, but by academics. READ MORE

By Nevin Adams4/13/2015 • 0 Comments

In a new report, Democratic staff members of the Senate Finance Committee take aim at what the report calls “tax avoidance strategies,” including non-qualified deferred compensation (NQDC) plans. READ MORE

By Nevin Adams4/13/2015 • 0 Comments

Years back, a friend of mine told me about an outlandish interview question. READ MORE

By Nevin Adams4/10/2015 • 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 Adams4/9/2015 • 0 Comments

There are a lot of things that can shake one’s confidence about retirement readiness — but American workers may be their own worst enemies. READ MORE

By Nevin Adams4/9/2015 • 0 Comments

We live in an era of expanding electronic communications — but there are limits for ERISA plans, as a recent federal court ruling reminds us. READ MORE

By Nevin Adams4/8/2015 • 0 Comments

While industry pundits (and many advisors) continue to tout the prudence, if not necessity, of retirement plan lifetime income options, current trends don’t appear favorable, according to John Haley, Chief Executive Officer at Towers Watson. READ MORE

By Nevin Adams4/7/2015 • 0 Comments

Ours is a complex and complicated business — constantly changing and evolving. And yet, there are key fallacies about today’s retirement system — and how it compares with what used to be — that will not go away. READ MORE

By Nevin Adams4/6/2015 • 0 Comments

Seems like every other week there is a survey, or a story about a survey, that purports to chronicle Americans’ confidence (or lack thereof) about their prospects for a financially viable retirement. READ MORE

By Nevin Adams4/3/2015 • 0 Comments

Plans that have, or have been contemplating, automatic enrollment features just got some good news from the Internal Revenue Service. READ MORE

By Nevin Adams4/3/2015 • 0 Comments

Realizing that each plan can have its own measure of success, in this week’s NAPA Net reader poll we asked how your plan sponsor clients measure plan success — and how that compares with the measure(s) you use. READ MORE

By Nevin Adams4/2/2015 • 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 Adams4/2/2015 • 0 Comments

Participants in automatic enrollment plans tend to save below the level of the employer match, clustering around the relatively low default rates. But does this trend hold over time? READ MORE

Fred Barstein

Fred Barstein

Fred Barstein

By Fred Barstein4/24/2015 • 0 Comments

Custom TDFs are starting to become popular in larger DC plans. But do they make sense for plans with less than $1 billion? According to a report by consultants at Rocaton, the answer is yes, but only in certain circumstances. READ MORE

By Fred Barstein4/22/2015 • 0 Comments

While most DC plans with more than $5 million allow roll-ins, relatively few participants take advantage of the opportunity to consolidate their DC and IRA accounts as part of the process.  READ MORE

By Fred Barstein4/20/2015 • 0 Comments

Charlie Nelson, who led the retirement business of Great-West through its integration with Empower Retirement, will join Voya Financial as CEO of Retirement on May 1. READ MORE

By Fred Barstein4/16/2015 • 0 Comments

When it comes to analyzing investments, TDFs are different. Yet many people make the mistake of rating them like any other investment. READ MORE

By Fred Barstein4/13/2015 • 0 Comments

When choosing a new fund, which DCIOs do plan sponsors consider? READ MORE

By Fred Barstein4/7/2015 • 0 Comments

Plan records kept by Vanguard in 2014 show a growing use not only of TDFs but also of more participants using them as their single investment strategy. Almost all participants (97%) are in a plan offering a TDF; 64% have invested in them, and 80% of new participants are invested in a single TDF.

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By Fred Barstein4/2/2015 • 0 Comments

Cammack Retirement’s Jeffrey Snyder recently published a thoughtful list of trends likely to affect the retirement market.

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By Fred Barstein4/1/2015 • 0 Comments

For plan advisors focused on outcomes and people, a client’s HR or benefits manager can become a valuable ally and even an internal sales champion. READ MORE

By Fred Barstein4/1/2015 • 0 Comments

FiduciaryNews’ Christopher Carosa raises the controversial question of whether the time has come to eliminate 12b-1 fees and other forms of revenue sharing in corporate retirement plans. READ MORE

Steve Branham

Steve Branham

By Don Trone, Mary Lou Wattman, Steve Branham4/24/2015 • 0 Comments

Since 2012, there has been a dramatic shift in the style of leadership that most people prefer. Here are seven signs that you may have missed as this shift occurred. READ MORE

By Don Trone, Mary Lou Wattman, Steve Branham4/17/2015 • 0 Comments

A requisite for leadership is courage — you can’t lead without it. Good character, competence, a sense of purpose and being passionate about what you believe is right are all critical, but they aren’t enough. READ MORE

By Don Trone, Mary Lou Wattman, Steve Branham4/10/2015 • 0 Comments

Do you want to stand out from your competitors? Here are seven ways to set yourself apart. READ MORE

By Don Trone, Steve Branham, Mary Lou Wattman4/2/2015 • 0 Comments

If you’re an RIA or IAR, you are required to have a code of ethics. If you are using the sample language provided by the SEC, then you don’t have a code of ethics — you have a code of conduct. So, what are the seven signs that you don’t have a code of ethics? READ MORE

Mike  Bushnell

Mike Bushnell

Mike Bushnell

By Mike Bushnell4/29/2015 • 0 Comments

Numerous organizations have conducted surveys on compulsory enrollment in retirement plans, and the trends are clear: Automatic plan features work — at least when plan sponsors offer them. READ MORE

By Mike Bushnell4/28/2015 • 0 Comments

Many plan sponsors don’t know exactly what their role as a fiduciary is, creating an opportunity for plan advisors to step in and provide guidance, according to a new survey. READ MORE

By Mike Bushnell4/23/2015 • 0 Comments

For an increasing number of Americans, work is where they expect to learn how to save for retirement. And according to a new Bank of America Merrill Lynch survey, a growing amount of employers are trying to help. READ MORE

By Mike Bushnell4/23/2015 • 0 Comments

Taking a risk is supposed to be a good thing in business. But many plan sponsors would rather say “if it ain’t broke, don’t fix it,” than make an effort to improve their retirement plan’s design. READ MORE

By Mike Bushnell4/15/2015 • 0 Comments

In the latest issue of NAPA Net the Magazine, John Iekel highlights a few financial advisor firms that are harnessing smart phones to make it easier and more fun than ever to enroll and invest in a retirement plan. READ MORE

By Mike Bushnell4/9/2015 • 0 Comments

Technology and marketing, with external wholesalers working in concert with internals, marketing and product people as well as key accounts, will benefit the highly productive “star” wholesalers in the future, while mediocre professionals will be ferreted out, says industry insider Fred Barstein. READ MORE

By Mike Bushnell4/8/2015 • 0 Comments

As businesses continue to recover from the Great Recession, the number of employers that offer retirement plans has nearly returned to pre-crisis levels, according to a new survey from the Transamerica Center for Retirement Studies. However, many pension plans that disappeared during the downturn have not returned. READ MORE

By Mike Bushnell4/1/2015 • 0 Comments

In the winter issue of NAPA Net the Magazine, David Levine explains how advisors have to do right by their clients while also staying on the right side of disclosure requirements. READ MORE

John Carl

John Carl

By John Carl4/28/2015 • 0 Comments

Responding to a question from a financial advisor in Texas, the ERISA consultants at the Learning Center Resource Desk addressed a common inquiry involving state-sponsored retirement plan programs. READ MORE

By John Carl4/22/2015 • 0 Comments

Responding to a question from a financial advisor in Ohio, the ERISA consultants at the Learning Center Resource Desk addressed a common inquiry involving the definition of an investment advice fiduciary.  READ MORE

By John Carl4/14/2015 • 0 Comments

Responding to a question from a financial advisor in Illinois, the ERISA consultants at the Learning Center Resource Desk addressed a common inquiry related to plan compliance errors. READ MORE

By John Carl4/7/2015 • 0 Comments

Responding to a question from a financial advisor in Tennessee, the ERISA consultants at the Learning Center Resource Desk addressed a common inquiry related to plan fiduciaries. READ MORE

Christopher Carosa

Christopher Carosa

Christopher Carosa

By Christopher Carosa4/22/2015 • 0 Comments

Now that the DOL has finally come out with its “new and improved” conflict-of-interest proposal, we can be sure of two things. First, the brokerage industry won this round hands down. READ MORE

Jeffrey Hemker

Jeffrey Hemker

By Jeffrey Hemker4/21/2015 • 0 Comments

While grocery shopping in Skokie, Ill., 30 years ago, I learned a very interesting communication skill from a harried mother urging her son choose a package of chewing gum in the checkout line. In a hurry and frustrated, she simply said, “Pick one now — green, yellow or white.” READ MORE

John Iekel

John Iekel

John Iekel

By John Iekel4/14/2015 • 0 Comments

It’s been a long time coming, but after a nearly five-year odyssey the Department of Labor on April 14 unveiled a proposed regulation that redefines who a plan fiduciary is — and makes it clear that the Obama administration intends the rule to be a way to increase consumer protections for plan sponsors, fiduciaries, participants, beneficiaries and IRA owners. READ MORE

John Ortman

John Ortman

By John Ortman4/16/2015 • 0 Comments

The financial services industry may well have gotten a sneak peek recently at how Democrats — including the party’s nominee for president — may well use financial industry reforms as a campaign issue in 2016. READ MORE

Andrew Remo

Andrew Remo

By Andrew Remo4/10/2015 • 0 Comments

Legislators in the Bay State have been busy developing bills that could impact the private employer sponsored retirement system should they become state law. READ MORE

Tom Rowley

Tom Rowley

By Tom Rowley4/6/2015 • 0 Comments

The process seems pretty simple — you fill out the beneficiary form when you open your IRA account, tuck it away, and you’ve secured your legacy for your loved ones. What could possibly go wrong? Well, let’s see … READ MORE

NAPA Net Staff

NAPA Net Staff

By NAPA Net Staff4/30/2015 • 0 Comments

The U.S. Department of Labor has filed a lawsuit alleging that a profit-sharing plan lost more than $4 million when fiduciaries engaged in self-dealing and conflicted transactions involving plan assets when they caused the plan to pay excessive fees. READ MORE

By NAPA Net Staff4/29/2015 • 0 Comments

Sen. Elizabeth Warren (D-Mass.) announced April 28 that she has launched an investigation into the rewards and incentives that annuity providers offer to brokers and dealers who sell annuities to families and small investors. READ MORE

By NAPA Net Staff4/29/2015 • 0 Comments

The DOL is attempting to rewrite the ERISA fiduciary rules in ways that could dramatically affect how retirement plan participants work with their retirement plan advisors. On Thursday, May 7, join two of the nation’s leading fiduciary experts for a free, member-only webcast analyzing the details and implications of the proposed rule. READ MORE

By NAPA Net Staff4/29/2015 • 0 Comments

Target-date funds continued to receive the majority of new contributions into individuals’ accounts last month, according to the AonHewitt 401(k) Index. READ MORE

By NAPA Net Staff4/29/2015 • 0 Comments

One in three affluent Americans added a new financial services firm relationship last year, as consumers practice “stable two-timing” to combine the strengths of various firms to gain advice or resources, according to a new report. READ MORE

By NAPA Net Staff4/27/2015 • 0 Comments

A new legislative proposal wouldn’t just require employers to offer a retirement plan — it would mandate employer contributions too.

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By NAPA Net Staff4/27/2015 • 0 Comments

There are three standards of care applicable today to interactions between financial advisors and their clients — and the DOL’s conflict-of-interest proposal stands to add a fourth. READ MORE

By NAPA Net Staff4/24/2015 • 0 Comments

A new study by EBRI takes a look at the end-of-life financial situation in America, and the results provide useful insights to advisors helping workers save for that period. READ MORE

By NAPA Net Staff4/24/2015 • 0 Comments

The Department of Labor will not extend the 75-day comment period for its conflict-of-interest rule, Labor Secretary Thomas Perez said April 23. READ MORE

By NAPA Net Staff4/23/2015 • 0 Comments

The DOL is attempting to rewrite the ERISA fiduciary rules in ways that could dramatically affect how retirement plan participants work with their retirement plan advisors. On Thursday, May 7, join two of the nation’s leading fiduciary experts for a free, member-only webcast analyzing the details and implications of the proposed rule. READ MORE

By NAPA Net Staff4/22/2015 • 0 Comments

The IRS has just issued final regulations of interest to advisors that work with executive benefit plans. READ MORE

By NAPA Net Staff4/22/2015 • 0 Comments

Forget about those stories of retirees longing to extend their working careers — a new survey finds that nearly half of recently retired workers wish they had retired … sooner. READ MORE

By NAPA Net Staff4/22/2015 • 0 Comments

Things are heating up in the nation’s capital, and delegates to the 2015 NAPA DC Fly-In Forum, July 21-22, will have a front-row seat for the debate.   READ MORE

By NAPA Net Staff4/20/2015 • 0 Comments

A new study maintains that, compared with other RIAs, those flagged as “marketing leaders” are seeing 40% more client growth, 23% more asset growth and 20% more revenue growth. So how do they do it? READ MORE

By NAPA Net Staff4/20/2015 • 0 Comments

While most participants say they have heard the terms “contribution rate” (82%) and “vesting” (77%), only half (50%) had heard of target-date funds, even fewer (39%) had heard of target-risk funds — and most of those participants don’t understand the terms. READ MORE

By NAPA Net Staff4/17/2015 • 0 Comments

FINRA’s Board of Governors decided to move forward with proposed changes to the industry-funded regulatory group’s “Communications With the Public” rules at its April 16 meeting.

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By NAPA Net Staff4/16/2015 • 0 Comments

In the wake of several EEOC lawsuits regarding employer-based wellness programs, the Obama administration has issued guidance on how to avoid running afoul of nondiscrimination laws. READ MORE

By NAPA Net Staff4/16/2015 • 0 Comments

For one-in-five working Americans, issues with personal finances have become a distraction at work, particularly for Gen X and Gen Y employees. READ MORE

By NAPA Net Staff4/15/2015 • 0 Comments

The Department of Labor’s long-awaited fiduciary reproposal claims to protect consumers from “conflicts of interest” in retirement advice — but at what cost? READ MORE

By NAPA Net Staff4/15/2015 • 0 Comments

Industry insider and fiduciary geek Pete Swisher has penned a timely and insightful piece on the history and potential future impact of the Department of Labor’s new “conflict of interest” proposal. READ MORE

By NAPA Net Staff4/15/2015 • 0 Comments

The Investment Company Institute says that research relied upon by the Obama administration in supporting its push for an expansion of the “conflicted advice” rule released April 14 is “fatally flawed,” and that the claim that retirement savers pay “billions of dollars a year” in excess costs “does not stand up to the facts.” READ MORE

By NAPA Net Staff4/15/2015 • 0 Comments

Wellness programs are all the rage, but if your plan sponsor clients want to get unhealthy workers to participate, they’re going to have to spend some money. READ MORE

By NAPA Net Staff4/14/2015 • 0 Comments

Speaker of the House John Boehner will keynote the 2015 NAPA DC Fly-In Forum, July 21-22 in Washington, D.C. READ MORE

By NAPA Net Staff4/10/2015 • 0 Comments

A new survey of small business owners has uncovered a surprising consequence of the Affordable Care Act (ACA) on their operations — a trend to increase employer contributions to their retirement plans. READ MORE

By NAPA Net Staff4/9/2015 • 0 Comments

How would you react if the star manager for your plan’s only fixed income option left his firm? How would you address inadequate savings in your DC plan? Your DB plan has dropped to a 70% funded status — now what? READ MORE

By NAPA Net Staff4/9/2015 • 0 Comments

Morningstar’s 2015 Target-Date Fund Landscape report is out — and the news is good for retirement savings plans. READ MORE

By NAPA Net Staff4/8/2015 • 0 Comments

As part of its exam cycle, the SEC is reviewing the “entire spectrum of 12b-1 fees,” according Marc Wyatt, deputy director of the agency’s Office of Compliance Inspections and Examinations. READ MORE

By NAPA Net Staff4/7/2015 • 0 Comments

The United States Supreme Court recently agreed to hear another ERISA case, this one dealing with the ability of a plan fiduciary to recover an overpayment. READ MORE

By NAPA Net Staff4/7/2015 • 0 Comments

According to a survey largely comprised of responses from RIAs/IARs, the Department of Labor’s fiduciary proposal wouldn’t be a bad thing — and should be extended to 401(k) rollovers. READ MORE

By NAPA Net Staff4/7/2015 • 0 Comments

State pension plans are likely to continue affecting, and straining, state budgets and funding, says Standard & Poors. READ MORE

By NAPA Net Staff4/6/2015 • 0 Comments

A growing number of employers report that their nonqualified deferred compensation plans are offered “to provide a vehicle for retirement savings.” READ MORE

By NAPA Net Staff4/2/2015 • 0 Comments

After a string of positive months for average 401(k) balances, the markets finally took their toll in March. READ MORE

By NAPA Net Staff4/1/2015 • 0 Comments

The Internal Revenue Service is moving to make it easier – and in some cases cheaper – to remedy plan problems with participant loans. READ MORE

By NAPA Net Staff4/1/2015 • 0 Comments

Individuals’ contributions to Health Savings Accounts (HSAs) had been increasing until 2011, but have declined since, according to new research. READ MORE

By NAPA Net Staff4/1/2015 • 0 Comments

Avoiding litigation should be plan sponsors’ primary goal, but prudent plan drafting goes beyond mere risk avoidance. READ MORE

By NAPA Net Staff4/1/2015 • 0 Comments

With the industry's focus on 401(k)s, DB plans and 403(b)s, 457 plans garner much less attention. Yet, according to a recent report by the National Association of Government Defined Contribution Administrators, to conclude that they are insubstantial is very much mistaken. READ MORE

Don Trone

Don Trone

By Don Trone, Mary Lou Wattman, Steve Branham4/24/2015 • 0 Comments

Since 2012, there has been a dramatic shift in the style of leadership that most people prefer. Here are seven signs that you may have missed as this shift occurred. READ MORE

By Don Trone, Mary Lou Wattman, Steve Branham4/17/2015 • 0 Comments

A requisite for leadership is courage — you can’t lead without it. Good character, competence, a sense of purpose and being passionate about what you believe is right are all critical, but they aren’t enough. READ MORE

By Don Trone, Mary Lou Wattman, Steve Branham4/10/2015 • 0 Comments

Do you want to stand out from your competitors? Here are seven ways to set yourself apart. READ MORE

By Don Trone, Steve Branham, Mary Lou Wattman4/2/2015 • 0 Comments

If you’re an RIA or IAR, you are required to have a code of ethics. If you are using the sample language provided by the SEC, then you don’t have a code of ethics — you have a code of conduct. So, what are the seven signs that you don’t have a code of ethics? READ MORE

Mary Lou Wattman

Mary Lou Wattman

By Don Trone, Mary Lou Wattman, Steve Branham4/24/2015 • 0 Comments

Since 2012, there has been a dramatic shift in the style of leadership that most people prefer. Here are seven signs that you may have missed as this shift occurred. READ MORE

By Don Trone, Mary Lou Wattman, Steve Branham4/17/2015 • 0 Comments

A requisite for leadership is courage — you can’t lead without it. Good character, competence, a sense of purpose and being passionate about what you believe is right are all critical, but they aren’t enough. READ MORE

By Don Trone, Mary Lou Wattman, Steve Branham4/10/2015 • 0 Comments

Do you want to stand out from your competitors? Here are seven ways to set yourself apart. READ MORE

By Don Trone, Steve Branham, Mary Lou Wattman4/2/2015 • 0 Comments

If you’re an RIA or IAR, you are required to have a code of ethics. If you are using the sample language provided by the SEC, then you don’t have a code of ethics — you have a code of conduct. So, what are the seven signs that you don’t have a code of ethics? READ MORE

Alisa Wolking

Alisa Wolking

By Alisa Wolking4/20/2015 • 0 Comments

On April 15, the American Retirement Association joined with other industry stakeholders in releasing a statement to the Senate Finance Committee working group on Savings and Investment. READ MORE