What’s the retirement plan industry’s biggest concern in the coming election? American Retirement Association CEO Brian Graff addressed the issue in the opening session of the 2016 ASPPA Annual... Read More
Advertisement
Legislation
BY Andrew Remo | 9/27/2016
The legislative package that cleared the Senate Finance Committee unanimously last week included provisions intended to encourage the use of lifetime income products, including a late addition that... Read More
BY Andrew Remo | 9/22/2016
The Senate Finance Committee has cleared two pieces of retirement legislation that are now pending before the full Senate, including one that includes a new brand of multiple employer plan (MEP) for... Read More
BY Andrew Remo | 9/20/2016
The Senate Finance Committee announced that it will meet this week to consider two retirement policy bills – but the real story might be what’s not in those proposals.The first bill, the Miners... Read More
BY NAPA Net Staff | 9/16/2016
Bipartisan legislation has been introduced in Congress to make it easier for small businesses to set up retirement programs for employees. The Small Business Employee Retirement Savings Act,... Read More
BY NAPA Net Staff | 9/12/2016
Rep. John Kline (R-Minn.), chairman of the House Committee on Education and the Workforce, has unveiled a draft of a proposal to address issues with the nation’s multiemployer pension system.More... Read More
BY NAPA Net Staff | 9/12/2016
Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) is working on legislation designed to “help more working families and recent college graduates save for retirement,” while also cracking... Read More
BY Nevin E. Adams, JD | 8/8/2016
The only excessive fee lawsuit to make it all the way to the Supreme Court is going to get another hearing.The case is Tibble v. Edison International, which had been remanded to the 9th U.S. Circuit... Read More
BY Andrew Remo | 7/13/2016
Republicans in the House of Representatives recently finalized the last plank of their policy agenda, with the release of their comprehensive tax reform blueprint. The bold plan calls for significant... Read More
BY Nevin E. Adams, JD | 7/8/2016
A House appropriations bill takes another shot at the Labor Department’s fiduciary rule, while a litigant’s suit has now jumped to the front of the hearing queue.Under the heading of “Reducing... Read More
BY NAPA Net Staff | 6/27/2016
Look for a bill to be introduced in Congress next month that some have called “auto-IRA on steroids.”At the recent Aspen Institute Financial Security Program (FSP) commemorating the 10th anniversary... Read More
BY NAPA Net Staff | 6/23/2016
U.S. Senators Elizabeth Warren (D-Mass.) and Steve Daines (R-Mont.) have teamed up to introduce legislation that would create a federal lost and found designed to help stem leakage from retirement... Read More
BY NAPA Net Staff | 6/23/2016
It didn’t happen until late in the evening, but the U.S. House of Representatives voted last night on overturning President Obama’s veto of Congress’ resolution to kill the Labor Department’s... Read More
BY Andrew Remo | 6/17/2016
On Tuesday, June 14, the leaders of the American Retirement Association and its sister organizations stormed Capitol Hill to meet with key staff and get a fresh perspective on the congressional... Read More
BY Andrew Remo | 6/14/2016
Last week, House Republicans released the first of six work products detailing their policy agenda, a portion of which included recommendations to “build retirement security through the private... Read More
BY NAPA Net Staff | 6/9/2016
As expected (and promised), President Obama has vetoed Congress’ resolution that would have nullified the Labor Department’s fiduciary regulation.“The outdated regulations in place before this... Read More
BY NAPA Net Staff | 6/8/2016
You couldn’t find two U.S. senators much farther apart on the ideological spectrum than Elizabeth Warren (D-Mass.) and Mike Lee (R-Utah) – but they have teamed up on bipartisan legislation to make... Read More
BY NAPA Net Staff | 6/6/2016
The head of one of the world’s largest asset managers is calling for a mandate of retirement savings.In what was described as an “open letter to Congress,” Ron O’Hanley, president and chief executive... Read More
BY Andrew Remo | 5/25/2016
Republicans in Congress continued their campaign to kill the Department of Labor’s fiduciary rule — and managed to pull a couple of Democrats over to their side.The Senate voted 56-41 on May 24 to... Read More
BY NAPA Net Staff | 5/24/2016
Today the U.S. Senate will vote on a resolution designed to repeal the Labor Department’s fiduciary regulation.If approved (and, as noted below, that’s by no means an easy lift), the resolution of... Read More
BY NAPA Net Staff | 5/18/2016
The tax incentives currently extended to workplace retirement plans are a potential casualty of a tax reform proposal that was the subject of a Senate Finance Committee hearing that included... Read More
BY NAPA Net Staff | 5/9/2016
Connecticut’s state-run retirement plan proposal barely got through the Democratic majority state legislature – but without some changes, it won’t get past the governor’s veto pen.Gov. Dannel P.... Read More
BY NAPA Net Staff | 5/6/2016
Rep. Joseph Crowley (D-N.Y.), Vice Chair of the Democratic Caucus, is leading a call for President Obama to issue an Executive Order to require government contractors to auto-enroll employees in... Read More
BY NAPA Net Staff | 4/29/2016
The U.S. House of Representatives adopted a resolution April 28 disapproving of the Labor Department’s final fiduciary regulation. The party line vote of 234-183 was enough to pass the measure, but... Read More
BY NAPA Net Staff | 4/25/2016
The Congressional Budget Office (CBO) on April 20 issued a report saying that two measures introduced in the House earlier this year that would require congressional approval of the Department of... Read More
Recent Comments