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NAPA Net Staff

By NAPA Net Staff | 1/23/2013
With all their popularity — which only seems to be growing — there are a lot of critics of the current crop of target date funds, as evidenced by a recent article in the Wall Street Journal. While the average for 2015 TDFs beat the bond average by more than 6% last year, it lagged the S&P 500... READ MORE
By NAPA Net Staff | 1/23/2013
While there has not been widespread adoption of retirement income products by plan sponsors, the need remains — for many reasons. Ultimately the question will not be whether these products will be offered, but which ones. Advisors need to understand the issues involved in helping clients evaluate... READ MORE
By NAPA Net Staff | 1/23/2013
Though the demand for active equity funds has fallen, with many companies experiencing net outflows (perhaps driven in DC plans by the growing popularity of TDFs), fees remained stable, according to Mercer’s 2012 Global Asset Manager Fee Survey, the fifth such biennial survey. Mercer’s analysis was... READ MORE
By NAPA Net Staff | 1/23/2013
Though the demand for active equity funds has fallen, with many companies experiencing net outflows (perhaps driven in DC plans by the growing popularity of TDFs), fees remained stable, according to Mercer’s 2012 Global Asset Manager Fee Survey, the fifth such biennial survey. Mercer’s analysis was... READ MORE
By NAPA Net Staff | 1/22/2013
Here are the 10 most-read items on NAPA Net during 2012, listed Letterman-style:10. 408(b)(2.0) – The Next Steps for Plan Advisors9. 401k Heaven Redefined8. Watching Wholesalers to Predict Consolidation and Business Health7. Four Resources on Selling You May Have Missed6. Six Good Websites for... READ MORE
By NAPA Net Staff | 1/22/2013
Editor’s Note: This is the latest in a series of posts by speakers at the 2013 NAPA/ASPPA Summit, March 3-5, 2013 in Las Vegas. George Baumann of Invesco — who will team up with MassMutual’s John G. Budd and Larry Mills of UBS to discuss stable value in a workshop at 2:45 on Monday, March 4 —... READ MORE
By NAPA Net Staff | 1/22/2013
Will the 401(k) industry have another federal agency looking over its shoulder? Though the SEC and DOL have been the primary regulators, there are signs that the Consumer Financial Protection Bureau (CFPB) could be entering the fray, according to a report by Bloomberg. Though the consumer bureau... READ MORE
By NAPA Net Staff | 1/22/2013
With the new opportunities for plan participants to convert previously non-distributable funds into a Roth under the American Taxpayer Relief Act, there may be a rush to offer this option — currently about half of plans now make a Roth available. But rather than rush it, advisors may want to... READ MORE
By NAPA Net Staff | 1/17/2013
Americans’ job tenure increased slightly in 2012, but the average stay in a job is still shorter than many assume. The median length of time on the job for American workers in 2012 was just 5.4 years, according to new research from EBRI. Among the report’s findings:• The median tenure for male wage... READ MORE
By NAPA Net Staff | 1/17/2013
Editor’s Note: This is the latest in a series of posts by speakers at the 2013 NAPA/ASPPA Summit, March 3-5, 2013 in Las Vegas. Doug Fisher of Fidelity Investments — who will team up with EBRI’s Nevin Adams to present the General Session at 8:15 on Tuesday, March 5 — describes Fidelity’s effort to... READ MORE
By NAPA Net Staff | 1/16/2013
While about 87% of full-time state and local government employees participate in DB plans, this leaves a significant number who are in DC plans. A lot of those DC participants are higher education faculty and staff, many of whom were given a choice between a DB plan and a DC plan. Also, a number of... READ MORE
By NAPA Net Staff | 1/16/2013
The popularity of retirement income solutions continues to increase. According to new research from Aon Hewitt, 28% of plan sponsors now offer in-plan retirement income solutions, including professionally managed accounts with a drawdown feature, managed payout funds, and insurance or annuity... READ MORE
By NAPA Net Staff | 1/15/2013
Esri, a pioneer in geospatial analysis based in Redlands, CA, has applied its “tapestry segmentation” approach (which classifies all U.S. neighborhoods into 65 segments based on their socioeconomic and demographic characteristics) to 401(k) participation and contribution data. The result is a... READ MORE
By NAPA Net Staff | 1/15/2013
It’s a Tuesday in the middle of January; your first downsized paycheck of 2013 is due today; and chances are you’ll soon get the flu if you don’t have it already. So in the spirit of the day, let’s just get this week’s bad news over with in one fell swoop:Americans Say Pre-recession Economy Gone... READ MORE
By NAPA Net Staff | 1/15/2013
Now that we’ve put the fiscal cliff behind us, “a bigger cliff” lies ahead, says Brian Graff, Executive Director/CEO of NAPA and ASPPA. “Fiscal Cliff II: The Sequel” will come at the end of February, Graff says, when the debt ceiling is scheduled to be reached and the country will have to either... READ MORE
By NAPA Net Staff | 1/15/2013
A new in-depth study conducted by Dalbar ranks providers on their 408(b)(2) compliance efforts. The Boston-based financial services consulting firm teamed up with Research on the study.Based on the technical requirements of 408(b)(2), Dalbar’s “Transparency Analysis” evaluated and ranked record... READ MORE
By NAPA Net Staff | 1/15/2013
Stace Hilbrant, Managing Director and Founder of Chicago-based 401k Advisors, identifies the four most important and effective things he sees the very best advisors doing to help their clients. 1. Focus on 401(k) ParticipantsAfter “surviving” 408(b)(2), 404(a)(5) and the Pension Protection Act and... READ MORE
By NAPA Net Staff | 1/14/2013
Esri, a pioneer in geospatial analysis based in Redlands, CA, has applied its “tapestry segmentation” approach (which classifies all U.S. neighborhoods into 65 segments based on their socioeconomic and demographic characteristics) to 401(k) participation and contribution data. The result is a novel... READ MORE
By NAPA Net Staff | 1/14/2013
Record keeper search activity is expected to increase, according to the latest research from Cerulli Associates. However, RFPs will only serve to benchmark pricing."More than half of plan sponsors have indicated they are likely to conduct a search for a record keeper within the next two years,"... READ MORE
By NAPA Net Staff | 1/14/2013
The prevailing wisdom about the DOL’s fee disclosure rules is that they were ineffective and failed to move the needle on participant behavior. Numerous studies and polls have confirmed this perception. According to a Plan Sponsor Council of America survey, for example, nearly all (95.6%) plan... READ MORE

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