Likening the challenge of retirement readiness to a marathon, a new infographic from NAPA makes the point that plan advisors “help you go the distance.” The infographic makes four important points in demonstrating the value that a plan advisor brings to the table:• personalized advice gets results... READ MORE

In last week’s Question of the Week we asked, "What is the amount of retirement savings that would stay in the DC system over the next 10 years if cash-outs were reduced by 50%?" Here are the results of the voting, expressed in percentages:$10 billion: 14%$500 million: 46%$1 trillion: 25%$2... READ MORE

What are the current prospects for tax reform, especially in light of shifting priorities on Capitol Hill? NAPA Executive Director/CEO Brian Graff tackles that question in this month’s Washington Update video. As is often the case, the answer to the question involves numerous moving parts and what-... READ MORE

The IRS is focusing on top hat plans at nonprofit 501(c) organizations, a recent “compliance check” questionnaire from the agency’s Employee Plans Compliance Unit reveals. Plans include sending letters and questionnaires to nonprofits seeking a range of information, according to Linda Segal Blinn... READ MORE

In last week’s Question of the Week we asked, “How many hours per day does the average plan advisor work in a normal work week?” The votes are in. Here are the responses, expressed as percentages:6 hours per day: 17%8 hours per day: 19%10 hours per day: 48%12 hours per day: 15%14 hours per day: 0So... READ MORE

In last week’s Question of the Week we asked, “As participants enter their retirement years (about age 65), what is their median balance in all DC plan accounts in their household, including those held by a significant other, partner or spouse?” Here are the responses, expressed as percentages:... READ MORE

Employees today are relying more on their employers and demanding more from them. As a result, many larger employers have raised the bar for their DC plans. The result: more pressure on plan advisors and providers to establish and maintain a proactive relationship. While plan sponsors are satisfied... READ MORE

In last week’s Question of the Week we asked, “What contributes more to a plan sponsor's loyalty, satisfaction and sense of value regarding their advisor?” Here are the results of the voting, expressed in percentages:• Advisor's technical expertise and product knowledge are far more important = 6... READ MORE

In last week’s Question of the Week we asked, “How many face-to-face meetings does it take to close a full-service DC contract?” Here are the results of the voting, expressed in percentages:1 meeting = zero3 meetings = 48%5 meetings = 26%7 meetings = 10%Other = 16%Looks like the voters were pretty... READ MORE