Highlights of our posts and commentary on NAPA Net the week of April 22 included:
Defending the Industry
• Advisors who focus on or lead with the fact that they are fiduciaries can actually destroy trust, says Michael Kitces.
• We haven't been focusing enough on the critical value proposition the industry provides, according to Brian Graff.
NAPA Network
The new NAPA Network video channel features a handful of on-demand videos featuring industry thought leaders like Don Trone, Marc Robinson, Jania Stout and Michael Coehlo and Tom Daugherty, as well as the well-received “Make an Impact” video screened at the 401(k) Summit last month.
Trends and Research
• Participants in 401(k)s tend to pay less for their mutual funds than the average investor, according to the ICI.
• An ASPPA study revealed that 71% of the tax benefit from DC plans goes to people with an AGI of less than $150,000.
Voices
• Encourage do-it-yourself participants to be forward-thinking and invest in a more globalized future, urges Portal Conductor Kathleen Beichert of Oppenheimer.
• Portal Conductor Nevin Adams of EBRI reflects on the provisions in President Obama’s FY 2014 budget affecting retirement plans.
Service Providers
• ING has set its stock price at $21-$24 per share when it rebrands to Voya.
Clients and Prospects
• Do financial disclosures contribute to declines in the quality of the products and advice investors receive?
• Portal Conductor John Carl’s Case of the Week examined the IRS’ role as a creditor of plan assets.
• A good checklist for fiduciaries for monitoring investments, including a separate list for TDFs.
• Steve Parrish outlines how small businesses can maximize the retirement benefits they offer.
You Might Want to Check Out…
Advertisement
0 Comments
Discussion Policy
Sign In to Comment
Advertisement
Most Popular
Advertisement
Recent Headlines
Sign up for The Daily