One of my favorite movies — and perhaps my favorite “holiday” move — is Groundhog Day, the 1993 film starring Bill Murray as an arrogant weatherman who finds himself stuck in... Read More
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Managing a Practice
BY Nevin E. Adams, JD | 2/2/2015
Last week companion bills were introduced in the House and Senate intended to, among other things, encourage more small employers to offer retirement plans. Those bills tried to do so by reducing the... Read More
BY NAPA Net Staff | 2/2/2015
Can you accept commissions and be a fiduciary? Though it is rare (especially outside of ERISA plans), it is possible, as detailed by Duane Thompson. A rep may be a fiduciary and accept commissions if... Read More
BY Michael Bushnell | 2/2/2015
Seeking to spur the SEC into action on finally creating a universal ethics code for financial advisors, the Institute for the Fiduciary Standard (IFS) has released 11 best practices that they hope... Read More
BY NAPA Net Staff | 2/2/2015
Deferral and savings rates in 401(k) plans improved at a stronger rate than expected in 2014, recent studies reveal. According to Cogent Reports, almost one-third of participants increased... Read More
BY Nevin E. Adams, JD | 1/30/2015
The Super Bowl looms — and yet it seems that all anyone is talking about is — deflationgate! We launched this week’s poll by acknowledging the widely divergent perspectives on the... Read More
BY Nevin E. Adams, JD | 1/27/2015
It’s one thing to help people who are saving for retirement make better decisions — but what about those who aren’t? Here are four things that those who aren’t (yet) saving... Read More
BY Fred Barstein | 1/26/2015
In a recent ThinkAdvisor column, the always-insightful Michael Kitces offers his take on the three biggest challenges facing financial advisors this year. In general the top three challenges... Read More
BY Nevin E. Adams, JD | 1/26/2015
Last week we asked readers to weigh in on the most likely outcome(s) of the Department of Labor’s fiduciary reproposal. The most popular response was that “fewer advisors will work... Read More
BY Nevin E. Adams, JD | 1/26/2015
The Super Bowl looms — and yet it seems that all anyone is talking about is — deflationgate!Now, you may be in the camp that believes that the inflation level of footballs makes no real... Read More
BY NAPA Net Staff | 1/23/2015
Broadridge Financial Solutions has signed an agreement to acquire the trade processing business of the Wilmington Trust Retirement and Institutional Services (WTRIS) unit of M&T Bank, the firm... Read More
BY Fred Barstein | 1/22/2015
Like the Cleveland Cavaliers, the newly minted Empower-Retirement has put together a dream team combining three stars that, on paper, seem to mesh well.But as the Cavaliers are finding out, combining... Read More
BY NAPA Net Staff | 1/21/2015
Employers are appreciating the value of automatic enrollment, and increasing numbers are implementing it into their retirement plans. Several recent studies have found that more employers are using... Read More
BY NAPA Net Staff | 1/20/2015
Pershing LLC, a BNY Mellon company, announced Jan. 20 the rollout of its Retirement Plan Network, a new solution to help broker-dealers, investment advisors and RIAs grow their retirement plan... Read More
BY NAPA Net Staff | 1/20/2015
Plan Administrators Inc. (PAi) announced Jan. 14 the “takeoff” of “Co-Pilot 401k,” a full-scope plan created to help participants chart a smooth course toward retirement and... Read More
BY NAPA Net Staff | 1/19/2015
Setting effective retirement plan policy can be a tricky business, but when those policies are based on false assumptions or misunderstandings… well, that can be a real problem. We asked... Read More
BY NAPA Net Staff | 1/16/2015
For the fourth consecutive year, Putnam Investments has been named the sole recipient of the “Total Client Experience” award from DALBAR Inc., the industry-leading financial services... Read More
BY NAPA Net Staff | 1/15/2015
Pentegra Retirement Services announced Jan. 12 that it will make available a new lifetime retirement income product in conjunction with Hueler Income Solutions®. According to Pentegra,... Read More
BY NAPA Net Staff | 1/14/2015
As we reported last month, Nationwide settled a 13-year-old revenue sharing lawsuit for a whopping $140 million — more than 10 times greater than other recent, high-profile settlements. The... Read More
BY NAPA Net Staff | 1/14/2015
A new, taxpayer-unfriendly rule regarding IRA rollovers took effect as the calendar rolled over to a new year. Starting on Jan. 1, 2015, if an IRA rollover occurs from one IRA, the IRA owner can... Read More
BY NAPA Net Staff | 1/13/2015
The Pension Resource Institute, LLC announced Jan. 6 it has added Snowden Capital Advisors, LLC (d.b.a. Snowden Lane Partners), a New York-based investment advisor, and Snowden Account Services, Inc... Read More
BY NAPA Net Staff | 1/13/2015
Plan sponsors are increasingly focused on the challenges of workforce management, seeking effective ways to help older workers retire in an orderly fashion, while clearing the way for newer hires. A... Read More
BY Nevin E. Adams, JD | 1/12/2015
Setting effective retirement plan policy can be a tricky business. Those who do so must often thread a complex web of competing priorities, not to mention what can happen when you make changes that... Read More
BY Nevin E. Adams, JD | 1/12/2015
Things you might have missed — highlights of last week’s posts on NAPA Net included: "Loan Arrangers?: Did the “Great Recession” lock in higher 401(k) loan volumes?... Read More
BY NAPA Net Staff | 1/12/2015
John Hancock Retirement Plan Services announced Jan. 8 that it has hired Steve Davis as divisional vice president, responsible for sales and sales management in the Mid-Atlantic region. Davis, an... Read More
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