Skip to main content

You are here


Daily News

NAPA Net Daily

Powered by the National Association of Plan Advisors.

Only plan advisors know how important their local DC wholesaler can be in growing, building and managing their practice. Here’s your chance to tell them how much you appreciate their efforts. We call them “Wingmen” because if they are doing their job, they have your back. And only you know which... READ MORE
While it’s not precisely robbing Peter to pay Paul, a new legislative proposal purports to pay off all student loan debt – with proceeds from a tax that will hit retirement savings. First touted as an effort to limit speculative trading, the so-called financial transaction tax is now being... READ MORE
Spectrum Investment Advisors has announced changes to its top leadership as part of the succession plan: Manuel Rosado has been appointed President; Matthew Demet will be Senior Vice President of Business Development; and Jonathan Marshall will remain as Chief Investment Officer and Chief... READ MORE
Yes, October is still months away – but a major employee benefits consultant has already taken a stab at estimating some of the key contribution and benefit limits for 2020. The projections by Mercer’s Law and Policy Group call for modest increases in the Internal Revenue Code (IRC) limits for... READ MORE
A (relatively) small plan has settled claims that fiduciaries had “imprudently incorporating funds on its menu that were excessively expensive.” The defendant plan in question is the (relatively small) $96.5 million 401(k) plan of Gucci America Inc. – and the settlement is for (the not-so-... READ MORE
Our industry has long disparaged the apparent “overindulgence”1 of participants in the stock of their employer as a retirement investment. However, for plan fiduciaries – and those who advise them – there may be a more pressing concern. Anyone who has been paying attention to 401(k) plan... READ MORE
A new report reveals that Americans are feeling simultaneously optimistic and overwhelmed by their finances as they become more mindful of their spending and take steps to improve their financial lives. Findings from the spring 2019 Merrill Edge® Report reveal that many Americans are taking... READ MORE
July 1 is the registration deadline for the next wave of employers for the Illinois Secure Choice Savings Program, a retirement savings vehicle for private sector employees in Illinois who do not have access to an employer-sponsored plan. Employers with 100-499 employees must register with the... READ MORE
Laura Huscroft has been promoted to Vice President of 401(k) at Mutual of Omaha, the firm announced June 24. In her new role, Huscroft will focus on product management and development within the retirement services sector. Huscroft has spent her entire career in the financial services industry.... READ MORE
A participant-plaintiff’s appeal of a judgement denying his claims of a fiduciary breach by his employer has come up short. This suit was brought by plaintiff Alexander Usenko, a former employee of SunEdison Semiconductor, LLC, which was once a wholly owned subsidiary of SunEdison, Inc. On April... READ MORE