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John Ortman

By John Ortman | 7/8/2014
The list of the five most-read posts on NAPA Net last week indicated interest in our list of the top 50 plan advisors under age 40, changes allowing longevity annuities in 401(k) plans, the likelihood of class action in the wake of the Supreme Court’s Fifth Third decision, and Judy Diamond data on... READ MORE
By John Ortman | 7/8/2014
NAPA Net will be relaunching on a new online platform today, July 8. The new platform will connect to the ASPPA member database, streamlining the process of registering for NAPA webcasts, certification programs, etc. The portal now also includes new information about NAPA's list of the top 50 plan... READ MORE
By John Ortman | 7/7/2014
If the DOL is successful in its efforts to impose a broader definition of a plan fiduciary, the business model of the non-fiduciary advisor being compensated by a plan provider is at risk of becoming obsolete. In a recent article originally published in Research magazine, Pentegra’s Pete Swisher... READ MORE
By John Ortman | 7/1/2014
What are the best practices in helping clients comply with ERISA’s fiduciary standard? That’s currently the number one topic on NAPA’s unique voting tool, an innovative method for choosing workshop topics for next year’s NAPA 401(k) SUMMIT. In all, nearly 6,500 votes have been cast so far.As of... READ MORE
By John Ortman | 7/1/2014
MassMutual Retirement has appointed Vince Rainforth as national practice leader for not-for-profit (NFP) retirement plans as the insurer looks to expand its footprint in the increasingly competitive $1 trillion marketplace. Rainforth is responsible for leading business development in the NFP market... READ MORE
By John Ortman | 6/30/2014
The list of the top five most-read posts on NAPA Net last week included the debut of NAPA’s list of the top 50 plan advisors under 40, Paul Mahan’s return to Commonwealth, new EBRI data, the U.S. Supreme Court’s decision in the Fifth Third case and the risk inherent for investment managers in... READ MORE
By John Ortman | 6/30/2014
On July 7, NAPA Net will be relaunching on a new online platform. The new platform will connect to the ASPPA member database, streamlining the process of registering for NAPA webcasts, certification programs, etc. We’ll also be updating and expanding the pages in the NAPA Partner Corner and adding... READ MORE
By John Ortman | 6/30/2014
A growing number of participants are rolling over their 401(k) plan benefits to other 401(k) plans or to IRAs. That's a good thing because it keeps money intended for retirement in the private retirement system. However, with the increased use of rollovers comes increased scrutiny and regulation by... READ MORE
By John Ortman | 6/26/2014
What separates the generalist from the specialist? Dedication to understanding what is on the horizon from a policy standpoint and taking this knowledge back to clients. Clients expect that. And the best way to show that dedication is to attend this year’s NAPA DC Fly-In Forum, set for Sept. 30-Oct... READ MORE
By John Ortman | 6/24/2014
The list of most-read posts on NAPA Net last week covers the fallout from a Bloomberg report on IRA rollover horror stories, LPL’s response to RCAP’s acquisition strategy, DCIO profits and spending, the impact of mobile technology, and how plan expenses are paid. 1. Incendiary Bloomberg Report... READ MORE
By John Ortman | 6/20/2014
Does a participant’s distorted view of her or his ability to make wise financial decisions matter? And does it affect the participant positively or negatively?Data show that the answer to the first question is yes — confidence matters and can affect participants both positively and negatively, says... READ MORE
By John Ortman | 6/20/2014
Asset International, the company that owns PLANSPONSOR and PLANADVISER, has been acquired by Genstar Capital, a leading middle market private equity firm that focuses on investments in targeted segments of the financial services, software, health care and industrial technology industries. The... READ MORE
By John Ortman | 6/18/2014
Which has a bigger impact on outcomes: plan design or education/communication? That’s the number one topic after one week of voting via NAPA’s unique way of choosing workshop topics for next year’s NAPA 401(k) SUMMIT. In all, nearly 2,700 votes were cast during the week. (When all of the votes were... READ MORE
By John Ortman | 6/17/2014
NAPA members in the greater Washington, DC area have a unique opportunity to participate as a guest in an upcoming forum that will bring together policy-makers, employers, financial institutions and civic and interest groups to tackle one of the most critical issues threatening America’s future... READ MORE
By John Ortman | 6/16/2014
The list of the most-read posts on NAPA Net last week revealed five topics that caught readers’ attention: A summary of a Don Trone column on the 10 attributes of effective plan professionals, Fred Barstein’s post on the importance of vision-impaired tree-dwelling rodents, Jerry Bramlett’s take on... READ MORE
By John Ortman | 6/13/2014
Despite some shared alignments in design and principles, TDFs are anything but uniform in their philosophies regarding glide path, asset allocation mix and even the application of the target date itself. Matching TDFs’ various attributes to the needs of the plan, and the participants who are... READ MORE
By John Ortman | 6/12/2014
It’s back! Once again, NAPA is utilizing a unique “voting tool” to help choose workshop topics at the NAPA 401(k) SUMMIT. The SUMMIT is the only industry conference that invites attendees and others into the process of choosing, in essence, what the conference will focus on.You may recall that NAPA... READ MORE
By John Ortman | 6/11/2014
The Millennial generation views benefits, especially retirement plans, very differently than older generations do — a trend that will reshape key aspects of the relationships among participants, plan sponsors and advisors. In a fascinating article in the latest issue of Benefits Quarterly magazine... READ MORE
By John Ortman | 6/9/2014
Last week’s list of the top five most-read posts on NAPA Net shows keen interest in the challenges faced by middle tier RIAs, an out-of-character liberal manifesto on pension reform from the Wall Street Journal, the Queen of England’s comments on retirement policy, Jerry Bramlett’s take on the... READ MORE
By John Ortman | 6/9/2014
What are the keys to a successful succession plan? In a ThinkAdvisor article, Richard Dragotta, a branch manager at LPL, offers two. The first is basing your approach on the realization that a succession plan should be a process, not an event, says Dragotta. A successful transition reflects a... READ MORE

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