Advertisement
Daily News
NAPA Net Daily
Powered by the National Association of Plan Advisors.
BY Ted Godbout 12/29/2017
While stated fees have remained stable, RIAs appear to be increasingly discounting their fees and are formally unbundling their fee structures in response to a changing wealth management landscape amid declining revenue and client growth, according to new research.The 2017 Fidelity RIA Benchmarking...
READ MORE
BY NAPA Net Staff 12/29/2017
A new survey finds a big surge in financial resolutions for 2018, and another finds a big jump in a commitment to increase retirement plan contributions.Lincoln’s “Financial Focus: Goals and Reflections of Today’s Consumer” survey found that nearly two-thirds (65%) of Americans are likely to make a...
READ MORE
BY Nevin E. Adams, JD 12/29/2017
The parties in an excessive fee suit involving proprietary funds have come to terms on a settlement agreement.The suit, filed in October 2015 in U.S. District Court in Santa Ana, CA, by plaintiffs Aleksandr Urakhchin and Nathan Marfice, charges that participants in PIMCO’s 401(k) pay more than 75%...
READ MORE
BY Nevin E. Adams, JD 12/28/2017
The Wall Street Journal says that “a significant number” of comments posted criticizing the fiduciary rule weren’t made by the individuals named — though it’s based on a pretty small sample.“Significant” in this case means 40% of the individuals who responded to a survey (subscriber-only content)...
READ MORE
BY Rebecca Hourihan 12/28/2017
At a recent conference, I had the rare moment to go outside and walk around the city – when I noticed something odd.As I strolled through the streets, being the marketing enthusiast that I am, I couldn’t help but notice the awesome detail of each local establishment’s signage. This hip area of town...
READ MORE
BY Nevin E. Adams, JD 12/28/2017
A year ago, the nonpartisan Employee Benefit Research Institute (EBRI) estimated that individuals might need as much as $350,000 to cover health expenses in retirement. You might want to sit down for the update.The headline in a new report from EBRI says that when it comes to health expenses in...
READ MORE
BY NAPA Net Staff 12/27/2017
This is a question that has come up a lot recently – and it’s sooner than you might think.The answer? Early bird registration pricing – the lowest registration rates for the NAPA 401(k) SUMMIT – expires with 2017. Meaning that on Jan. 1, 2018, the registration rates go up.The registrations have...
READ MORE
BY John Carl 12/27/2017
The ERISA consultants at the Retirement Learning Center Resource regularly receive calls from financial advisors on a broad array of technical topics related to IRAs, qualified retirement plans and executive compensation arrangements.A recent call with an advisor in South Dakota is representative...
READ MORE
BY Ted Godbout 12/27/2017
As part of its year-end legislative push, the U.S. House of Representatives approved legislation on Dec. 21 extending to victims of the California wildfires access to their 401(k)s and similar plans without incurring IRS penalties or immediate tax liability.This new, proposed tax relief for the...
READ MORE
BY Nevin E. Adams, JD 12/27/2017
Defendants successfully made their case in staving off a decision in a case involving Princeton University’s 403(b) plans, and in so doing placed their bets on the outcome of another case in the 3rd Circuit.The SuitThe original suit, Nicolas v. Trs. of Princeton Univ. (D.N.J., No. 2:17-cv-03695,...
READ MORE
Pages
Advertisement
Advertisement
Most Popular
Advertisement
Sign up for The Daily
Recent Comments