Advertisement
NAPA Net Staff
By NAPA Net Staff | 3/8/2023
Whether it’s increased tax credits to encourage small businesses to create retirement plans or changes to help with addressing emergency savings and student loan debt, the SECURE 2.0 Act offers numerous opportunities for advisors, according to J.P. Morgan Asset Management’s 2023 Guide to Retirement...
READ MORE
By NAPA Net Staff | 3/8/2023
Transamerica, in partnership with the Cetera Financial Group, have announced the availability of a new pooled plan solution, making it easier for small businesses to offer a retirement plan.
The Cetera Advantage(k) GPS is primarily geared toward small and mid-sized businesses, allowing employers...
READ MORE
By NAPA Net Staff | 3/6/2023
“I’m not sure why there’s so much fuss.”
That’s American Retirement Association CEO Brian Graff’s reaction to the ESG rule after a comprehensive discussion with the Department of Labor’s Tim Hauser. If you need a quick summary of what it is and what it means, this short clip has it.
THE...
READ MORE
By NAPA Net Staff | 3/6/2023
ForUsAll, which describes itself as a “modern small business 401(k) provider,” has expanded its platform offerings to include access to a digital asset index.
According to a press release, participants on that platform will soon be able to invest part of their 401(k) directly into the constituents...
READ MORE
By NAPA Net Staff | 3/3/2023
The final ESG rule clarified that proxy voting of plan investments is a fundament part of a plan fiduciary’s responsibilities. Still, questions remain on how that applies practically to defined contribution investment options.
American Retirement Association CEO Brian Graff noted that most DC...
READ MORE
By NAPA Net Staff | 3/3/2023
An ESG non-enforcement policy has been in place for quite some time. What will EBSA’s enforcement policy be going forward now that the final ESG rule is in effect?
American Retirement Association CEO Brian Graff asks, and the DOL’s Tim Hauser answers.
Here's what he had to say.
THE FULL...
READ MORE
By NAPA Net Staff | 3/1/2023
The use of managed accounts in retirement plans is on the rise. They accommodate more and diverse risk tolerances, as well as other issues specifically affecting individual participants. In the following short clip, American Retirement Association CEO Brian Graff asks the Department of Labor’s Tim...
READ MORE
By NAPA Net Staff | 3/1/2023
How should ESG-themed funds be compared and/or benchmarked against those with similar or no screens? It’s one of the most common questions heard about prudence and ESG.
Should the relative risks and returns of a target-date fund that excludes fossil fuels be compared with other carbon zero funds...
READ MORE
By NAPA Net Staff | 3/1/2023
Vestwell announced that its small plan 401(k) and 403(b) solutions will now be available to thousands of advisor clients of RBC Clearing & Custody (RBC C&C).
According to the firm’s announcement, the RBC C&C platform “will enable advisors to efficiently scale their retirement plan...
READ MORE
By NAPA Net Staff | 2/28/2023
The tie-breaker rule in ESG regulation has definitely led to confusion—if not outright controversy. If all else is equal and two investments are indistinguishable, the one incorporating ESG principles would then “break the tie.”
American Retirement Association Brian Graff notes that people are...
READ MORE
By NAPA Net Staff | 2/27/2023
The U.S. House of Representatives' Committee on Rules has announced a meeting for today (Feb. 27) to discuss a measure targeting the Labor Department’s ESG rule.
Rep. Andy Barr's (R-KY) resolution to reverse the DOL rule—under the heading "Providing for congressional disapproval under chapter 8 of...
READ MORE
By NAPA Net Staff | 2/27/2023
Legislation that purports to expand Social Security benefits, shore up program funding—and increase taxes on the “wealthy” has been reintroduced in Congress.
The Social Security Expansion Act was originally introduced last June in the Senate by Sen. Bernie Sanders (I-VT), along with Sens. Chris...
READ MORE
By NAPA Net Staff | 2/27/2023
Does the Biden Administration’s new ESG rule “mandate” that ERISA plans must consider ESG factors for all retirement plan investments? The more sensational members of the mainstream press seem to think so. American Retirement Association CEO Brian Graff asks Tim Hauser, Deputy Assistant Secretary...
READ MORE
By NAPA Net Staff | 2/24/2023
Does a plan sponsor violate a duty of loyalty when considering retirement plan participant preferences?
Here’s what Tim Hauser, Deputy Assistant Secretary for Program Operations of the Employee Benefits Security Administration (EBSA), had to say.
“We added a provision that expressly says the...
READ MORE
By NAPA Net Staff | 2/24/2023
Proxy voting was (is) a big issue for regulators. What does the new ESG rule have to say on the topic?
Tim Hauser, Deputy Assistant Secretary for Program Operations of the Employee Benefits Security Administration (EBSA), sat down with American Retirement Association CEO Brian Graff to discuss...
READ MORE
By NAPA Net Staff | 2/23/2023
Environmental, Social and Governance (ESG) investing is nothing if not controversial—especially with its use in retirement plans.
The Trump-era ESG rule, issued in the waning days of the last administration, was said by some to have a “chilling effect” on sustainable investing, something recent...
READ MORE
By NAPA Net Staff | 2/23/2023
How does the Biden Administration’s ESG rule differ from its predecessor?
Tim Hauser, Deputy Assistant Secretary for Program Operations of the Employee Benefits Security Administration (EBSA), tells American Retirement Association CEO Brian Graff that the new rule was careful not to go overboard...
READ MORE
By NAPA Net Staff | 2/23/2023
Leveraging its expertise in managing defined contribution plans, global advisory firm Willis Towers Watson (WTW) announced the launch of a U.S.-based pooled employer plan (PEP).
Dubbed the LifeSight PEP, the new offering seeks to help simplify 401(k) plan sponsorship for employers and improve...
READ MORE
By NAPA Net Staff | 2/22/2023
What's in the Episode
In the inaugural episode of the DC Pension Geeks podcast, American Retirement Association CEO Brian Graff sits down with Lisa Gomez, the Department of Labor's Assistant Secretary for the Employee Benefits Security Administration (EBSA).
In her first major interview since...
READ MORE
By NAPA Net Staff | 2/22/2023
TIAA has named Tara Latini to serve as Executive Vice President and Head of Wealth Distribution for the firm’s Wealth Management business. The financial services executive, whose career has spanned more than three decades, will be responsible for leading the client-facing wealth management team....
READ MORE
Pages
Advertisement
Advertisement
Sign up for The Daily
NAPA's 401(k) Rollover Specialist (k)RS Credential
Recent Comments