The ERISA consultants at the Learning Center Resource Desk, which is available through Columbia Threadneedle Investments, regularly receive calls from financial advisors on a broad array of technical topics related to IRAs and qualified retirement plans. A recent call with an advisor in... READ MORE

A new survey of finance executives finds that 72% of respondents agree that the financial wellness of employees is a focus for their organizations, and even more (84%) say that it is important to ensure that their companies’ employees are educated on key tenets of financial wellness.Seven out of 10... READ MORE

Whether you’re confused, concerned or confident about the new fiduciary regulation, you won’t want to miss insights from EBSA’s fiduciary reg point man at the upcoming NAPA DC Fly-In Forum.Timothy D. Hauser, Deputy Assistant Secretary for Program Operations at the Employee Benefits Security... READ MORE

As concerns about cybersecurity proliferate, a state securities regulator is considering changes that would impose new requirements on financial advisers and broker-dealers.The Colorado Division of Securities is considering a proposal that would require broker-dealers to establish and maintain... READ MORE

Nearly half of advisors say they have picked up business this year via social media, according to a new survey.American Century Investments’ Seventh Annual Financial Professionals Social Media Adoption Study found that 46% of the 302 financial advisors, brokers and registered investment advisors... READ MORE

An investment advisor has successfully managed to disentangle itself from a class-action excess fee litigation suit.In Bowers v. BB&T Corp. (M.D.N.C., No. 1:15-cv-00732, 4/18/17), Cardinal Investment Advisors LLC argued that the law suit contained “only conclusory assertions with insufficient... READ MORE

A recent analysis by Morningstar indicates that target-date fund flows are favoring passive strategies. Are you making adjustments in your TDF recommendations? If so, what are they?Indeed, according to Morningstar, target-date series that invest exclusively in index funds have seen significantly... READ MORE

The Beaver State took another step forward this week to implement the “OregonSaves” program, as the Oregon Retirement Savings Board approved the final rules that will govern the operation of the program.Starting Nov. 15, 2017, Oregon employers with 100 or more employees must begin to register with... READ MORE

Time spent preparing and delivering quarterly reviews is a critical aspect of an advisor’s work – and one that, for a distinct plurality of NAPA Net readers, is consuming more time.Certainly every investment committee can be as unique as the plan itself, as varied as the members (or the process... READ MORE

Plan sponsors believe that targeted education works – but a new survey finds that they are not acting on those convictions.According to the first Not-for-Profit Plan Sponsor Insights Survey by TIAA: 68% of non-for-profit plan sponsors believe financial education designed specifically for different... READ MORE

A suit that alleged a stable value investment was imprudent has been dismissed by a federal judge.The suit, Barchock v. CVS Health Corp., (2017 BL 127046, D.R.I., No. 1:16-cv-00061-ML-PAS, 4/18/17), alleged that fund manager Galliard failed to exercise appropriate prudence with respect to the... READ MORE