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NAPA Net Daily

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At this week’s NAPA DC Fly-In Forum, we’ve got a very special panel of litigators – and this week, a special chance for you to ask them questions, even if you aren’t able to join us.Morningstar has estimated that the expenses from class action lawsuits stemming from the Best Interest Contract... READ MORE
The debate over our nation’s health care policy has consumed the first few months of the 115th Congress and shows no signs of abating. While it may have faded from the headlines for the moment, House Republicans continue to debate different options for repealing and replacing the Affordable Care... READ MORE
What do an employer, a health insurance industry representative and a doctor have in common? They all apparently support various reforms to help health savings accounts thrive as an important savings vehicle to address short- and long-term health care costs.Four panels of speakers at a June 12... READ MORE
Witnesses at a House Financial Services subcommittee hearing July 13 largely offered their support for legislation to repeal the current DOL fiduciary rule and direct the Securities and Exchange Commission to take the lead in regulating the standards of care for investment advice.Of the five... READ MORE
Senate Majority Leader Mitch McConnell (R-KY) on July 13 unveiled revised draft legislation to repeal and replace most of Obamacare. The new draft retains the provisions to expand and enhance health savings accounts (HSAs).Following House passage in May of legislation to replace Obamacare, Senate... READ MORE
Exchange-traded funds crop up from time to time as being a product whose time has (nearly) come – but among NAPA Net readers?The Investment Company Institute (ICI) reports assets of all exchange-traded funds rose in May by $59.77 billion (2.1%) to $2.90 trillion, and that over the past 12 months,... READ MORE
LPL Financial LLC has announced details of what it calls its “industry-first” mutual fund only (MFO) platform.According to a press release, the platform is being designed to offer investors enhanced value in brokerage through reduced fees while standardizing compensation for financial advisors. LPL... READ MORE
“It is important that the Commission make all reasonable efforts to bring clarity and consistency” to “standards of conduct that investment professionals must follow in providing advice to Main Street investors,” Securities and Exchange Commission Chairman Jay Clayton said on July 12. He made his... READ MORE
It’s not a secret. The retirement plan business is relationship-based. Most of us have said this before and intrinsically, we understand; however, let’s find out what the data says. In a recent survey, Fidelity found that plan sponsor introductions came from these primary sources: Business... READ MORE
Plan advisors know how important their DC wholesaler is in growing, building and managing their practice. Now you can show yours some love by helping us choose NAPA’s 2017 DC Top Wholesaler.Once again, we are restricting voting to advisors. We’ll ask for some information as confirmation (it’s just... READ MORE

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