The American Retirement Association has responded to Senate Finance Committee Chairman Orrin Hatch (R-UT) expressing its strong support for tax incentives to encourage retirement savings.“The goals of achieving a tax code that is efficient, fair, and increases the financial and retirement security... 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

In “Gone with the Wind,” Scarlett O’Hara draws solace from the security of land. She made plenty of questionable choices, but a recent panel discussion on recordkeeping less liquid investments suggests that maybe she was on to something, at least in that regard.At a June 2 session of the 2017 SPARK... READ MORE

It’s tempting to believe the report that Millennials spend more on coffee than they save for their eventual retirement. Especially if one has even one eye open at Starbucks. But a recent analysis challenges what seems to be conventional wisdom.In “Fake News Fact Check: Do Millennials Spend More on... READ MORE

What do plan sponsors look for in an advisor? What services do they need and value? At a March 20 session of the 2017 NAPA 401(k) Summit, a panel of plan sponsor execs pulled back the curtain.Led by moderator Ann Schleck, Principal, Ann Schleck & Co., the panelists were Katie Drayo, Benefits... READ MORE

The DOL fiduciary rule may be on the horizon. Or not. But regardless, there will be a need and role for advisors — it just may be different than it was beforehand, avowed a trio of industry execs at a March 20 session of the 2017 NAPA 401(k) Summit.Panelists at the "super session" included... READ MORE

With that resolute assessment, NAPA Executive Director Brian Graff apprised attendees at the March 19 opening session of the 2017 NAPA 401(k) Summit on the current high level of federal activity affecting retirement plans. Graff said that he is concerned “every waking moment” — but also that there... READ MORE

An unnamed financial services company is suing the Consumer Financial Protection Bureau (CFPB) in the U.S. District Court for the District of Columbia over the CFPB’s exercise of power and the plaintiff’s contention that it is unchecked.The unnamed company seeks in John Doe Company v. Consumer... READ MORE

At a Feb. 3 U.S. Chamber of Commerce conference, “The Shifting Paradigm of Retirement,” a panel of experts addressed the changing dynamics of the workforce and financial wellness. “We know that millions of Americans are facing financial issues,” said panelist Snezana Zlatar, an SVP at Prudential. “... READ MORE