As more states look to establish retirement savings plans for private sector workers, a new report by LIMRA’s Secure Retirement Institute finds that 55% of DC plan sponsors indicate they are “very likely” or “somewhat likely” to stop offering their DC plan in favor of having their employees enroll... READ MORE

Noting that some experts believe that a persistently high part-time employment rate may be a “new normal,” Guardian’s fourth annual Workplace Benefits Study, Part-Time Nation, contends that many part-timers are falling behind financially because part-time workers and contractors are often... READ MORE

Failing to repeal the tax increases contained in the Affordable Care Act will make it much more difficult for Congress to achieve full-fledged, revenue-neutral tax reform. That was one of the key takeaways that emerged from the 2017 NAPA DC Fly-In Forum, held July 18-19 in Washington, DC.Fly-In... READ MORE

Kicking off the first day of the 5th annual NAPA DC Fly-In Forum July 18, Senate Finance Committee member Ben Cardin (D-MD) expressed his unwavering support for the current tax incentives for retirement savings, noting that a fundamental point for him on tax reform will be to first “do no harm.”... READ MORE

To help prevent retirement plan cashout leakage when workers change jobs, Sen. Tim Scott (R-SC) and 10 other GOP Senators plan to send a letter today to Labor Secretary Alexander Acosta asking the DOL to issue guidance clarifying the application of ERISA to auto portability features — that is, ones... READ MORE

Witnesses at a House Financial Services subcommittee hearing July 13 largely offered their support for legislation to repeal the current DOL fiduciary rule and direct the Securities and Exchange Commission to take the lead in regulating the standards of care for investment advice.Of the five... READ MORE

Employees are increasingly looking to their employers for financial support and believe that employers also have a responsibility for their health and well-being.What’s most interesting about that statement is that a higher percentage of employers agree with it than employees. In fact, the percent... READ MORE

Despite last year’s positive market conditions and relatively upbeat investors, overall satisfaction among financial advisors with their firms declined last year and the drop is highest among top producers, J.D. Power warns in a new report.According to the firm's 2017 U.S. Financial Advisor... READ MORE

While the most commonly used advisor compensation method remained flat basis points, more plans are electing a tiered method, according to a new report by Ascensus.The report, “Inside America’s Savings Plans,” shows that flat basis points declined by four percentage points, from 91% in 2011 to 87%... READ MORE