PLANSPONSOR.com

Morgan Stanley ING Sued for Plan Services Alliance

Fri, 17 May 2013 12:48:40 GMT

Morgan Stanley, ING Sued for Plan Services Alliance May 17, 2013 (PLANSPONSOR.com) – An Alabama-based dermatopathology laboratory has filed a complaint regarding fees paid to its retirement plan broker. PLANSPONSOR staff editors@plansponsor.com In the lawsuit, filed in the U.S. District Court

Bill Would Allow Retention of Unspent FSA Funds

Fri, 17 May 2013 11:54:04 GMT

Bill Would Allow Retaining of Unspent FSA Funds May 17, 2013 (PLANSPONSOR.com) – Two members of the Senate Finance Committee introduced legislation that would keep workers' unspent funds from a flexible spending account (FSA) in their own pockets. Kevin McGuinness editors@plansponsor.com U.S. s

Five Tips for Improving Retirement Readiness

Fri, 17 May 2013 09:30:57 GMT

Five Tips for Improving Retirement Readiness May 17, 2013 (PLANSPONSOR.com) – Plan sponsors must move beyond “one-dimensional” measures of retirement plan success such as participation and average contribution rates, according to a source at Transamerica Retirement Solutions. PLANSPONSOR staff editors

ERRP Will Sunset at Start of 2014

Fri, 17 May 2013 13:04:04 GMT

ERRP Will Sunset at Start of 2014 May 17, 2013 (PLANSPONSOR.com) – The Early Retiree Reinsurance Program (ERRP) will terminate January 1, 2014. Kevin McGuinness editors@plansponsor.com An announcement in the Federal Register details how operational processes will be impacted by this upcomin

Employer Match Changes Not Widespread Reaction

Fri, 17 May 2013 07:52:50 GMT

Employer Match Changes Not Widespread Reaction May 17, 2013 (PLANSPONSOR.com) – When you look at the big picture, defined contribution plan sponsors making changes to matching contributions was not a widespread reaction to the recession. Rebecca Moore editors@plansponsor.com An analysis of m

Ill Universities Agree to Take Pension Obligations

Fri, 17 May 2013 07:42:30 GMT

Ill. Universities Agree to Take Pension Obligations May 17, 2013 (PLANSPONSOR.com) – Illinois House Speaker Michael Madigan has come to a preliminary agreement with the state’s universities and community colleges to take on some pension obligations. Kevin McGuinness editors@plansponsor.com The

Canadian Pension Plan Assets Increase in 2013

Fri, 17 May 2013 06:59:34 GMT

Canadian Pension Plan Assets Increase in 2013 May 17, 2013 (PLANSPONSOR.com) – The Canadian Pension Plan (CPP) ended its fiscal year on March 31, 2013, with net assets of $183.3 billion, compared to $161.6 billion for 2012. Kevin McGuinness editors@plansponsor.com The $21.7 billion increase

Fidelity Provides Mobile Access to Accounts

Fri, 17 May 2013 06:16:07 GMT

Fidelity Provides Mobile Access to Accounts May 17, 2013 (PLANSPONSOR.com) – Fidelity Investments has introduced its NetBenefits Smartphone application. PLANSPONSOR staff editors@plansponsor.com Available across various platforms—including iPhone and iPod touch devices, Android phones, and

Considering a Holistic Glide Path Solution

Thu, 16 May 2013 12:11:21 GMT

Considering a Holistic Glide Path Solution May 16, 2013 (PLANSPONSOR.com) - In the current low-rate environment, defined benefit (DB) plan sponsors may want to implement a “holistic” glide path solution. Corie Russell editors@plansponsor.com Conceptually, the traditional glide path approach

Pension Risk Transfer Attractiveness on Even Keel

Thu, 16 May 2013 10:17:12 GMT

Pension Risk Transfer Attractiveness on Even Keel May 16, 2013 (PLANSPONSOR.com) – Even through a waning rate environment, the relative attractiveness of annuitizing pension liabilities stayed stable. PLANSPONSOR staff editors@plansponsor.com The Dietrich Pension Risk Transfer Index took a sl

Deadlines Unchanged During IRS Furloughs

Fri, 17 May 2013 08:53:43 GMT

Deadlines Unchanged During IRS Furloughs May 17, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) released details about closures planned for May 24, June 14, July 5, July 22 and August 30, 2013. Kevin McGuinness editors@plansponsor.com Due to budget-related furloughs, all IRS operat

Goldman Launches MultiManager Alternatives Fund

Thu, 16 May 2013 08:10:13 GMT

Goldman Launches Multi-Manager Alternatives Fund May 16 2013 (PLANSPONSOR.com) – Goldman Sachs Asset Management (GSAM) has launched the Goldman Sachs Multi-Manager Alternatives Fund to bring alternative investments to a wider investor base. Kevin McGuinness editors@plansponsor.com According to

Mutual Fund Inflows Moderate in April

Thu, 16 May 2013 07:46:40 GMT

Mutual Fund Inflows Moderate in April May 16, 2013 (PLANSPONSOR.com) – Inflows for long-term mutual funds during April stood at a healthy $37.8 billion, according to a report from Morningstar, Inc. Kevin McGuinness editors@plansponsor.com However, inflows continued to moderate from levels seen

Bill Addresses Issues with Church Retirement Plans

Fri, 17 May 2013 09:57:16 GMT

Bill Addresses Issues with Church Retirement Plans May 16, 2013 (PLANSPONSOR.com) – Two U.S. senators have introduced a bill in Congress to ensure retirement security to members of the clergy, church lay workers and their families. Kevin McGuinness editors@plansponsor.com Senators Ben Cardin (D

Employers Changing Plans Due to ACA

Thu, 16 May 2013 06:33:16 GMT

Employers Changing Plans Due to ACA May 16, 2013 (PLANSPONSOR.com) - Many employers are making changes to their current health benefit plans as a result of Affordable Care Act (ACA) regulations. Rebecca Moore editors@plansponsor.com The survey, "2013 Employer-Sponsored Health Care: ACA’s Imp

Employers Evaluating Health Benefits Strategies

Wed, 15 May 2013 12:01:58 GMT

Employers Evaluating Health Benefits Strategies May 15, 2013 (PLANSPONSOR.com) - Employers are highly concerned about the cost implications of the Affordable Care Act (ACA) to their organizations, new research finds. PLANSPONSOR staff editors@plansponsor.com Yet, almost all employers partici

Lessons From Australias Retirement System

Wed, 15 May 2013 11:53:37 GMT

Lessons From Australia’s Retirement System May 15, 2013 (PLANSPONSOR.com) - When it comes to retirement savings, the U.S. could learn a few things from The Land Down Under. Corie Russell editors@plansponsor.com Australia’s retirement system consistently ranks among the best in the world, maki

Deutsche Bank Names Wealth Management Head

Wed, 15 May 2013 11:21:32 GMT

Deutsche Bank Names Wealth Management Head May 15, 2013 (PLANSPONSOR.com) – Jerry W. Miller has been appointed head of the asset and wealth management division for the Americas at Deutsche Bank. PLANSPONSOR staff editors@plansponsor.com Miller is based in New York and reports to Michele Faiss

Plan Sponsors Use Social Media for Provider Data

Wed, 15 May 2013 10:21:35 GMT

Plan Sponsors Use Social Media for Provider Data May 15, 2013 (PLANSPONSOR.com) – More plan sponsors are embracing social media to access plan-relevant information from multiple sources, a new study found. Kevin McGuinness editors@plansponsor.com The “4th Annual Retirement Planscape 2013” study

Russell Updates Corporate Pension Finance Handbook

Wed, 15 May 2013 09:23:24 GMT

Russell Updates Corporate Pension Finance Handbook May 15, 2013 (PLANSPONSOR.com) – Russell Investments has updated its “Corporate Pension Finance Handbook,” which addresses topics affecting corporate pension plans. Kevin McGuinness editors@plansponsor.com The firm added information about the M

Retirees Will Need Almost Quarter Million for Health Care

Wed, 15 May 2013 08:08:59 GMT

Retirees Will Need Almost Quarter Million for Health Care May 15, 2013 (PLANSPONSOR.com) – Couples that retire this year will need $220,000 to pay for health care expenses throughout their retirement, according to recent estimates by Fidelity Investments. Kevin McGuinness editors@plansponsor.com

Government Employees Postponing Retirement

Wed, 15 May 2013 06:38:37 GMT

Government Employees Postponing Retirement May 15, 2013 (PLANSPONSOR.com) – More than one-third of state and local government employees are postponing when they retire, according to a survey. Kevin McGuinness editors@plansponsor.com The annual survey, “State and Local Government Workforce: 2013

Findley Davies Offers Health Reform Guide

Wed, 15 May 2013 06:04:11 GMT

Findley Davies Offers Health Reform Guide May 15, 2013 (PLANSPONSOR.com) - Employers face several quickly approaching deadlines for the implementation of health care reform. PLANSPONSOR staff editors@plansponsor.com To help companies navigate the twists and turns of new health coverage manda

What Is Derailing Boomer Retirement

Tue, 14 May 2013 11:42:26 GMT

What Is Derailing Boomer Retirement? May 14, 2013 (PLANSPONSOR.com) – Study after study has demonstrated Baby Boomers’ lack of preparedness and confidence in their retirement savings, and Ameriprise Financial Inc. has attempted to uncover the causes. PLANSPONSOR staff editors@plansponsor.com

Tegrit Group Names Vice President

Tue, 14 May 2013 11:43:14 GMT

Tegrit Group Names Vice President May 14, 2013 (PLANSPONSOR.com) – Third-party administrator (TPA) Tegrit Group has named Paula M. Lewis as vice president of Retirement Plan Services. Kevin McGuinness editors@plansponsor.com In this new role, Lewis will oversee the Defined Contribution, Technic

Nebraska Governor Vetoes Retirement Bill

Tue, 14 May 2013 11:20:03 GMT

Nebraska Governor Vetoes Retirement Bill May 14, 2013 (PLANSPONSOR.com) – Nebraska Governor Dave Heineman vetoed a bill that deals with retirement plans for school employees, judges and state patrol officers. Kevin McGuinness editors@plansponsor.com The Omaha World-Herald reported that in his

Target Maturity Funds Up 5pct in Q1 2013

Tue, 14 May 2013 09:57:48 GMT

Target-Maturity Funds Up 5% in Q1 2013 May 14, 2013 (PLANSPONSOR.com) - Overall, target-maturity funds had a good first quarter in terms of performance and asset inflows, according to Morningstar’s Ibbotson Associates. PLANSPONSOR staff editors@plansponsor.com Target-maturity funds returned

Half of Centenarians Have No Regrets

Tue, 14 May 2013 09:41:32 GMT

Half of Centenarians Have No Regrets May 14, 2013 (PLANSPONSOR.com) - When asked what they would have done differently if they knew they would live to 100, 50% of centenarians polled by UnitedHealthcare answered, “not a thing.” Rebecca Moore editors@plansponsor.com By contrast, UnitedHealthc

Torabi Helps MassMutual Expand Education

Tue, 14 May 2013 09:33:09 GMT

Torabi Helps MassMutual Expand Education May 14, 2013 (PLANSPONSOR.com) - Farnoosh Torabi has expanded her relationship with Massachusetts Mutual Life Insurance Company (MassMutual) to help bring financial education to young adults. Rebecca Moore editors@plansponsor.com Torabi, an independen

Third Quarter of Positive Returns for Master Trusts

Tue, 14 May 2013 08:35:12 GMT

Third Quarter of Positive Returns for Master Trusts May 14, 2013 (PLANSPONSOR.com) – The median return of the BNY Mellon U.S. Master Trust Universe was 4.53% for the first quarter, marking the third consecutive quarter of positive returns. Kevin McGuinness editors@plansponsor.com This return wa

BlackRock CEO Mulls Retirement in Twitter Era

Tue, 14 May 2013 07:32:04 GMT

BlackRock CEO Mulls Retirement in Twitter Era May 14, 2013 (PLANSPONSOR.com) – The financial services industry has to do a better job of helping people meet retirement goals, said Laurence Fink, chairman and chief executive of BlackRock. PLANSPONSOR staff editors@plansponsor.com Today’s worl

Stock and Bond Funds Maintained Strong Pace in April

Tue, 14 May 2013 07:07:13 GMT

Stock and Bond Funds Maintained Strong Pace in April May 14, 2013 (PLANSPONSOR.com) – Stock and bond funds maintained a strong pace of net inflows during April, netting nearly $50 billion (including exchange-traded funds or ETFs), according to Strategic Insight, an Asset International company. Kevin McGuinnes

Retirement Unpreparedness Is a Global Problem

Tue, 14 May 2013 06:59:02 GMT

Retirement Unpreparedness Is a Global Problem May 14, 2013 (PLANSPONSOR.com) - Lack of retirement readiness is an emerging global crisis confronting governments, employers and individuals, a new study indicates. PLANSPONSOR staff editors@plansponsor.com Of the 12,000 individuals polled in 12

Guardian Retirement Adds Regional Sales VPs

Tue, 14 May 2013 06:59:11 GMT

Guardian Retirement Adds Regional Sales VPs May 14, 2013 (PLANSPONSOR.com) – The Guardian Insurance & Annuity Company, Inc. has named Michael Fennessy, John Jennings and Jonathon Matson as regional vice presidents of Retirement Plan Sales. Kevin McGuinness editors@plansponsor.com Fennessy w

New Product Evaluates Target Date Funds

Tue, 14 May 2013 06:54:33 GMT

New Product Evaluates Target-Date Funds May 14, 2013 (PLANSPONSOR.com) – Plan Sponsor Advisors (PSA) has released a diagnostic tool which helps determine the best target-date strategies for retirement plans based on behaviors and demographics. Kevin McGuinness editors@plansponsor.com Earlier th

ASPire Appoints Chief Marketing Officer

Mon, 13 May 2013 11:47:22 GMT

ASPire Appoints Chief Marketing Officer May 14, 2013 (PLANSPONSOR.com) – Shelia Reed joined ASPire Financial Services LLC as senior vice president and chief marketing officer. PLANSPONSOR staff editors@plansponsor.com Reed has 20 years of experience in marketing and communications. At ASPire

T Rowe Price Launches Retirement for All Campaign

Mon, 13 May 2013 12:44:58 GMT

T. Rowe Price Launches ‘Retirement for All’ Campaign May 13, 2013 (PLANSPONSOR.com) – T. Rowe Price Retirement Plan Services, Inc. has launched a campaign to encourage all those involved in workplace retirement plans to focus on helping participants increase their retirement savings. Kevin McGuinness edito

Report Addresses Employer Penalties Under ACA

Mon, 13 May 2013 10:19:01 GMT

Report Addresses Employer Penalties Under ACA May 13, 2013 (PLANSPONSOR.com) – A report from the Congressional Research Service describes the potential employer penalties imposed by the Affordable Care Act (ACA). Rebecca Moore editors@plansponsor.com The ACA includes a “shared responsibility

IRS Reversal on Status Lets PBGC Save Church Plan

Wed, 15 May 2013 09:04:47 GMT

IRS Reversal on Status Lets PBGC Save Plan May 14, 2013 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it will pay pension benefits for former employees of the Hospital Center at Orange. Rebecca Moore editors@plansponsor.com The New Jersey hospital's pension pl

Using Coffee to Better Understand Investing

Mon, 13 May 2013 09:08:03 GMT

Using Coffee to Better Understand Investing May 13, 2013 (PLANSPONSOR.com) – The Vanguard Group launched a campaign that uses coffee to help people better understand the role costs play in long-term investing. Kevin McGuinness editors@plansponsor.com Vanguard’s mobile At-Cost Café will sell hot

Americans Underestimate Health Costs in Retirement

Mon, 13 May 2013 07:43:14 GMT

Americans Underestimate Health Costs in Retirement May 13, 2013 (PLANSPONSOR.com) – Americans are underestimating the amount they will spend on health care expenses in retirement. Rebecca Moore editors@plansponsor.com According to the annual "Wellness for Life" survey of nonretired adults by

Generation Y Saving Aggressively for Retirement

Mon, 13 May 2013 11:36:29 GMT

Generation Y Saving Aggressively for Retirement May 13, 2013 (PLANSPONSOR.com) – Young investors are taking the lessons learned during the economic downturn to heart, with those in Generation Y saving aggressively for retirement. Kevin McGuinness editors@plansponsor.com According to Bank of Ame

Institutions Broadening Use of Alternatives

Mon, 13 May 2013 06:10:42 GMT

Institutions Broadening Use of Alternatives May 13, 2013 (PLANSPONSOR.com) - Institutions are seeking more consistent returns across economic environments, according to new research from Cerulli Associates. Rebecca Moore editors@plansponsor.com The May 2013 issue of “The Cerulli Edge-U.S. As

Plan Sponsors Embracing Social Media

Mon, 13 May 2013 06:44:58 GMT

Plan Sponsors Embracing Social Media May 13, 2013 (PLANSPONSOR.com) – More retirement plan sponsors use social media for communications than one might think. Kevin McGuinness editors@plansponsor.com Nearly two-thirds (63%) of deferred contribution (DC) plan sponsors are using social media as a

PBGC to Take Plan of Mass Hospital

Fri, 10 May 2013 11:58:07 GMT

PBGC to Take Plan of Mass. Hospital May 10, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) will be taking responsibility for the pension plan of Noble Health Systems Inc. Kevin McGuinness editors@plansponsor.com The pension benefits cover more than 830 current and futu

Student Loan Debt Could Affect Retirement

Fri, 10 May 2013 11:37:48 GMT

Student Loan Debt Could Affect Retirement May 10, 2013 (PLANSPONSOR.com) – How people deal with their student debt could help or derail their efforts at saving for retirement. Kevin McGuinness editors@plansponsor.com The American Institute of CPAs (AICPA) recently released the results of a surv

Considerations for Joining a Private Health Exchange

Fri, 10 May 2013 11:10:52 GMT

Considerations for Joining a Private Health Exchange May 10, 2013 (PLANSPONSOR.com) - Public exchanges are getting lots of attention due to the Affordable Care Act (ACA), but employers are also considering private exchanges to make health care function more like a defined contribution (DC) plan. Corie Russel

CapTrust Advisors Adds to Retirement Group

Fri, 10 May 2013 09:51:53 GMT

CapTrust Advisors Adds to Retirement Group May 10, 2013 (PLANSPONSOR.com) – Ann M. O’Connell has joined CapTrust Advisors of Tampa, Florida, in their institutional retirement group. Kevin McGuinness editors@plansponsor.com O'Connell will be based in Atlanta, Georgia, and work throughout the sou

Opinion Issued About NQDC Lump Sum and State Tax

Fri, 10 May 2013 08:53:10 GMT

Opinion Issued About NQDC Lump Sum and State Tax May 10, 2013 (PLANSPONSOR.com) – The New York State Department of Taxation and Finance decided a lump-sum payment from the non-qualified retirement plans of a bankrupt plan sponsor was not subject to state income tax. Kevin McGuinness editors@plansponsor.com

Interview with Baystate Health

Tue, 14 May 2013 06:53:52 GMT

Ruffel Interview with Mary Dunn Interview with Mary Dunn of Baystate Health 2325078568001 2322038143001 Mary Dunn Baystate Health

Interview with Gables Residential

Tue, 14 May 2013 06:47:58 GMT

Ruffel Interview with Philip Altschuler Ruffel Interview with Philip Altschuler 2325064004001 2322038143001 Philip Altschuler Senior Vice President of Human Resources Gables Residential

T. Henry Yoshida

Tue, 23 Oct 2012 11:39:35 GMT

Interview with T. Henry Yoshida Interview with T. Henry Yoshida, p rincipal, of The Maresh Yoshida 401k Group. 1919048905001 1875243276001 T. Henry Yoshida Principal The Maresh Yoshida 401k Group

TIAA CREF

Tue, 31 Jul 2012 07:46:03 GMT

Interview with Sue Fulshaw, Managing Director/Product Management for TIAA-CREF. 1762426857001 1684527021001 Sue Fulshaw Managing Director/Product Management TIAA-CREF

Allianz Global Investors Distributors

Tue, 31 Jul 2012 07:30:03 GMT

Interview with Glenn Dial, Managing Director, Head of Retirement Distribution, Allianz Global Investors Distributors. 1756481049001 1684527021001 Glenn Dial Managing Director, Head of Retirement Distribution Allianz Global Investors Distributors

PSNC 2012 Day 3 - How Not to Get Sued

Tue, 26 Jun 2012 09:01:02 GMT

PSNC 2012 Day 3 - How Not to Get Sued Staying ahead of litgation 3548 Lynne Peel Piersall Managing Editor PLANSPONSOR David M Weiner Shareholder Littler Mendelson, PC James Fleckner Partner Goodwin Procter LLP Lucas Barton

PSNC 2012 Day 3 - Retirement at the Tipping Point: Insights, Advocacy, and Outcomes

Tue, 26 Jun 2012 08:49:17 GMT

PSNC 2012 Day 3 - Retirement at the Tipping Point: Insights, Advocacy, and Outcomes 3196 David Musto Chief Executive Officer J.P Morgan Retirement Plan Services

PSNC 2012 Day 3 - Defining Success

Tue, 26 Jun 2012 08:16:28 GMT

PSNC 2012 Day 3 - Defining Success No longer is participation rate being seen as the end all of whether a retirement plan is "successful". Increasingly, different benchmarks are being used. How you can use these to measure how well your retirement plan is working for you, your company, and your participan

PSNC 2012 Day 3 - Opening Remarks

Tue, 26 Jun 2012 07:57:34 GMT

PSNC 2012 Day 3 - Opening Remarks 405 Charlie Ruffel Founder and Director PLANSPONSOR

PSNC 2012 Day 2 Keynote - Rethinking The 401(k) Equation

Tue, 26 Jun 2012 07:37:01 GMT

PSNC 2012 Day 2 Keynote - Rethinking The 401(k) Equation 2101 James D McCool Executive Vice President, Institutional Services Inc Charles Schwab

PSNC 2012 Day 2 - Liability Driven Investing

Tue, 26 Jun 2012 07:34:10 GMT

PSNC 2012 Day 2 - Liability Driven Investing For years, defined benefit plan sponsors and their advisers have acknowledged the wisdom of managing plan assets with an eye on the payment stream they needed to support. Still, for many, it has never really seemed to be a "good" time to make a shift away from

PSNC Day 2 -Stable Value

Fri, 22 Jun 2012 12:30:33 GMT

PSNC Day 2 -Stable Value Five things all plan sponsors should know 2790 Charlie Ruffel Founder and Director Asset International Warren Howe National Sales Director MetLife Al Hammond Institutional Consulting Director Graystone Morgan Stanle

PSNC 2012 Day 2 - Building a Better Retirement Plan Menu

Fri, 22 Jun 2012 11:45:38 GMT

PSNC 2012 Day 2 - Building a Better Retirement Plan Menu Best practices are putting together a retirement plan investment lineup 3102 Joe Connell Managing Director Sheridan Road Financial Jon Hale Managing Consultant/Portfolio Manager Morningstar Associates, LL

PSNC 2012 Day 2 - How Much is Enough

Fri, 22 Jun 2012 10:59:20 GMT

PSNC 2012 Day 2 - How Much is Enough Educating participants about retirement readiness and retirement income options 3274 Douglas Prince Managing Director The Prince Group of Stifel Nicolaus Erica Stebe Assistant VP, Client Communication Consulting MassMutual R

PSNC Day 2 - Ask the 403(b) Experts

Fri, 22 Jun 2012 10:47:48 GMT

PSNC Day 2 - Ask the 403(b) Experts A live panel discussion with our 403(b)lines "Ask the Experts" contributors. 3123 Rebecca Moore Senior Editor PLANSPONSOR Michael A. Webb Vice President, Retirement Practice Cammack LaRhette Consulting David Pow

PSNC Day 2 - Case Studies: What Fortune 500 Companies Are Doing With Target Date Funds

Fri, 22 Jun 2012 10:36:57 GMT

PSNC Day 2 - Case Studies: What Fortune 500 Companies Are Doing With Target Date Funds Benchmarking your funds, building your own, and other case studies from others in the trenches 3448 John B. Mott Senior VP - Investments, Corporate Client Group Director Morgan Stanley Smith Barn

PSNC 2012 Day 2 - Fixing 403(b) Plan Mistakes

Fri, 22 Jun 2012 10:13:12 GMT

PSNC 2012 Day 2 - Fixing 403(b) Plan Mistakes 3084 Rebecca Moore Senior Editor PLANSPONSOR Colleen A. Shull Internal Revenue Agent 403(b), 457 Coordinator IRS Susan Fulshaw Managing Director, Product Management TIAA-Cref David H

PSNC 2012 Day 2 - Investment Advice

Fri, 22 Jun 2012 10:08:57 GMT

PSNC 2012 Day 2 - Investment Advice Is there a role for investment advice in your retirement plan? Will your participants use it? 3292 Phyllis E. Klein Senior Director Consulting Research Group CAPTRUST Financial Advisors Mary Hollingsworth Director - Product Stra

PSNC 2012 Day 2 - Is Your Plan Ready for a Retirement Income Option?

Fri, 22 Jun 2012 10:02:05 GMT

PSNC 2012 Day 2 - Is Your Plan Ready for a Retirement Income Option? Working through your in-plan retirement income options: what's new, what's not and what's "hot" 3017 Jason K Chepenik Managing Partner Chepenik Financial Scott Boyd SVP of National Platform Distr

PSNC 2012 Day 2 - Five Things You Need to Know About Pension Risk Transfer

Thu, 21 Jun 2012 12:05:54 GMT

PSNC 2012 Day 2 - Five Things You Need to Know About Pension Risk Transfer 3507 Charlie Ruffel Founder and Director Asset International Glenn O'Brien Managing Director Prudential Retirement Stephen W. Ellis Chief Financial Officer Hickory

IMHO Thanks Giving 2011

Mon, 31 Oct 2011 19:28:33 GMT

IMHO: Thanks Giving Nevin E. Adams nevin.adams@assetinternational.com October 31, 2011 (PLANSPONSOR.com) - A few backs we announced that, after a dozen years here at PLANSPONSOR , effective November 1, I am joining the Employee Benefit Research Institute (EBRI) in Washington, D.C., as Director, Educat

IMHO Lessened Learned

Tue, 25 Oct 2011 16:42:09 GMT

IMHO: Lessened, Learned? Nevin E. Adams nevin.adams@assetinternational.com October 26, 2011 (PLANSPONSOR.com) - When I’m talking to plan sponsors (and advisers) about the challenges of being an ERISA fiduciary, I’m generally inclined to emphasize the awesome responsibilities that come with the “assignmen

IMHO Catching Your Drift

Tue, 18 Oct 2011 17:12:11 GMT

IMHO: Catching Your Drift Nevin E. Adams nevin.adams@assetinternational.com October 19, 2011 (PLANSPONSOR.com) - I recently found myself driving in an unfamiliar city without the aid of a GPS (global positioning system). Sadly, I had become so accustomed to having that de

IMHO The IKEA Experience

Wed, 12 Oct 2011 02:15:25 GMT

IMHO: The IKEA “Experience” Nevin E. Adams nevin.adams@assetinternational.com October 12, 2011 (PLANSPONSOR.com) - We spent some time this past weekend getting my eldest daughter squared away in her new apartment. It’s her first, and as with nearly all first apartments, there is a lot

IMHO Nigh Five

Tue, 04 Oct 2011 21:34:08 GMT

IMHO: “Nigh” Five Nevin E. Adams nevin.adams@assetinternational.com October 5, 2011 (PLANSPONSOR.com) - A few weeks back, I offered some notions about what the next five years will bring in terms of industry trends. However, in preparing for our recent PLANADVISER National Conference, I ca

IMHO Better Business

Tue, 27 Sep 2011 15:41:09 GMT

IMHO Working Outs

Mon, 19 Sep 2011 15:11:12 GMT

IMHO: Working “Outs”? Nevin E. Adams nevin.adams@assetinternational.com September 20, 2011 (PLANSPONSOR.com) - Last week the Senate Finance Committee held a hearing on “promoting retirement security.” While options were presented to improve things (see “ Industry Groups Urge

IMHO Pay Back

Wed, 14 Sep 2011 13:34:42 GMT

IMHO Best for Success

Sat, 03 Sep 2011 14:25:12 GMT

IMHO: Best for Success Nevin E. Adams nevin.adams@assetinternational.com September 6, 2011 (PLANSPONSOR.com) – Today PLANSPONSOR opens nominations for our Retirement Plan Adviser of the Year awards. Each year we receive a number of inquiries from advisers and plan sponsor

IMHO Hurricane Forces

Sat, 27 Aug 2011 04:49:41 GMT

IMHO Checking Accounts

Wed, 24 Aug 2011 14:59:42 GMT

IMHO: “Checking” Accounts Nevin E. Adams nevin.adams@assetinternational.com August 25, 2011 (PLANSPONSOR.com) - I finally got to the dentist last week. Don’t get me wrong, I like my dentist. The folks there are more than nice, they treat you like an adult (even when you clearly haven’

IMHO Decision Points

Wed, 17 Aug 2011 16:06:29 GMT

IMHO Fifth Avenues

Mon, 08 Aug 2011 15:19:56 GMT

IMHO: Fifth "Avenues" Nevin E. Adams nevin.adams@assetinternational.com August 9, 2011 (PLANSPONSOR.com) - T he year we began publishing PLANADVISER - 2006 - was a big year in many ways for me. That year marked my twentieth wedding anniversary, it was the year my father passed away, the ye

IMHO Free Ride

Tue, 02 Aug 2011 13:52:20 GMT

IMHO Savings Bonds

Tue, 26 Jul 2011 14:58:23 GMT

IMHO: Savings “Bonds” Nevin E. Adams nevin.adams@assetinternational.com July 27, 2011 (PLANSPONSOR.com) - In my experience, there are three major reasons that people save for retirement. There’s the lure of the “free money” represented by the employer match, the benefit in deferring the pay

IMHO Much Ado

Mon, 18 Jul 2011 15:41:21 GMT

IMHO: “Much” Ado Nevin E. Adams nevin.adams@assetinternational.com July 19, 2011 (PLANSPONSOR.com) - There were three big disclosure announcements last week. The first two were the pushback of the effective date for 408(b)(2) fee disclosures to April 1, 2012 from the previously announced e

IMHO Starting Points

Sun, 10 Jul 2011 06:12:05 GMT

IMHO: “Starting” Points Nevin E. Adams nevin.adams@assetinternational.com July 11, 2011 (PLANSPONSOR.com) - You may have missed it, but there was a bit of a “dust up” in our industry last week. It started on July 7 when The Wall Street Journal ran a front-page story titled “401(k) Law S

IMHO Graduation Exhortations

Tue, 28 Jun 2011 03:58:31 GMT

IMHO: Graduate “Exhortations” Nevin E. Adams nevin.adams@plansponsor.com June 28, 2011 (PLANSPONSOR.com) - This past week, my son graduated from high school. It was a big deal for our family, as any graduation would be. However, this was in some ways a particularly special night, si

IMHO Chances Are

Tue, 21 Jun 2011 14:05:31 GMT

IMHO: Chances Are… Nevin E. Adams nevin.adams@assetinternational.com June 22, 2011 (PLANSPONSOR.com) - I’ve long adhered to the wisdom of having a “Plan B,” a fallback position if the things you hope will work out—don’t. Now, sometimes those fallbacks aren’t completely well-formed (

IMHO Smoke Signals

Mon, 06 Jun 2011 15:23:31 GMT

IMHO: “Smoke” Signals Nevin E. Adams nevin.adams@assetinternational.com June 7, 2011 (PLANSPONSOR.com) - Plan sponsors spend a lot of time wondering – and worrying – about the “right” way to do things. They rely on the guidance of experts, the insights of publications like ours, the bl

IMHO Loan Arranging

Mon, 23 May 2011 14:27:59 GMT

IMHO Out of Proportion

Tue, 10 May 2011 14:24:11 GMT

IMHO The Enemy of the Good

Tue, 03 May 2011 14:16:44 GMT

IMHO: The Enemy of the Good? Nevin E. Adams nevin.adams@assetinternational.com May 4, 2011 (PLANSPONSOR.com) - Over the past couple of years 401(k) evaluation service BrightScope has made quite a splash. Early on, most folks I spoke with were quite keen on what was being undertaken by

IMHO Expert Opinions

Wed, 20 Apr 2011 16:41:57 GMT

IMHO: Expert Opinions Nevin E. Adams nevin.adams@assetinternational.com April 21, 2011 (PLANSPONSOR.com) - I learned a long time ago that when it comes to things like automobile maintenance, home repair, or gardening, I’m better off hiring an expert. Now I have friends that derive gr

IMHO Mixed Messages

Thu, 07 Apr 2011 03:38:22 GMT

IMHO: Mixed Messages Nevin E. Adams nevin.adams@assetinternational.com April 7, 2011 (PLANSPONSOR.com) - We had wrapped up a very successful half-day adviser event ahead of our annual Awards for Excellence dinner last week. As we closed up the session, a co-worker of mine commented to

IMHO Comparison Points

Tue, 29 Mar 2011 17:50:51 GMT

IMHO Court Costs

Tue, 22 Mar 2011 14:15:11 GMT

IMHO: Court Costs Nevin E. Adams nevin.adams@assetinternational.com March 23, 2011 (PLANSPONSOR.com) - Last week brought to light an aspect of 401(k) litigation that doesn’t generally get a lot of coverage—and the participant-plaintiff was presented with a $50,000 bill. Now, at some le

IMHO Conversation Starters

Tue, 15 Mar 2011 13:08:04 GMT

IMHO: “Conversation” Starters Nevin E. Adams nevin.adams@assetinternational.com March 16, 2011 (PLANSPONSOR.com) - There’s been a lot of talk coming from Washington of late about the need to have “an adult conversation” with the American people. That conversation ostensibly inc

IMHO Underlying Assumptions

Wed, 09 Mar 2011 15:18:19 GMT

IMHO: Underlying Assumptions Nevin E. Adams nevin.adams@assetinternational.com March 10, 2011 (PLANSPONSOR.com) - Last week the Government Accountability Office (GAO) issued two reports focused on 401(k) plans; one on target-date funds, the other on potential conflicts of interest. As

IMHO Service Charges

Mon, 14 Feb 2011 13:59:48 GMT

IMHO: Service Charges Nevin E. Adams nevin.adams@assetinternational.com February 15, 2011 (PLANSPONSOR.com) - As Valentine’s Day approached, you may have seen a series of increasingly ubiquitous advertisements for a certain online florist. Now, I’ve used that particular servi

IMHO: Warning Labels

Wed, 26 Jan 2011 14:25:26 GMT

IMHO: Warning “Labels” Nevin E. Adams nevin.adams@assetinternational.comd January 27, 2011 (PLANSPONSOR.com) - Litigation—or more accurately, the fear of litigation—frequently serves to put us on notice. It’s why we find labels on hair dryers cautioning against bathtub use, why hemorrhoi

IMHO Group Therapy

Wed, 19 Jan 2011 19:26:22 GMT

IMHO: Group “Therapy?” Nevin E. Adams nevin.adams@assetinternational.com January 20, 2011 (PLANSPONSOR.com) - Somewhere over the course of your academic or professional career, I’m sure you’ve been exposed to any number of "group" exercises. One of my “favorites” deals with

IMHO Nau.ghty or Nice

Mon, 20 Dec 2010 16:01:07 GMT

IMHO: Naughty or Nice? Nevin E. Adams nevin.adams@assetinternational.com December 21, 2010 (PLANSPONSOR.com) - A few years back—when my kids still believed in the reality of Santa Claus—we discovered an ingenious Web site. -------------------------- Editor’s Note: There’s so much

IMHO The Measure of the Plan

Wed, 15 Dec 2010 15:34:05 GMT

IMHO: The Measure of the Plan Nevin E. Adams nevin.adams@assetinternational.com December 16, 2010 (PLANSPONSOR.com) - Not so long ago plan sponsors gauged the success of their defined contribution offerings by a single metric; participation rate. It’s not that they didn’t pay attention

IMHO Fiscal Therapy

Sun, 12 Dec 2010 04:35:45 GMT

IMHO: Fiscal Therapy? Nevin E. Adams nevin.adams@assetinternational.com December 13, 2010 (PLANSPONSOR.com) - This week I will undergo one of those “you’re getting older” physicals. This has been scheduled for about six months now (yes, that’s how long it takes to get in for a physic

IMHO Liability Driven

Tue, 30 Nov 2010 15:08:30 GMT

IMHO: Liability Driven? Nevin E. Adams nevin.adams@assetinternational.com December 1, 2010 (PLANSPONSOR.com) - We recently had a couple of new members join our 401(k) investment committee. So I asked our investment adviser to conduct a briefing so that the new members – and those already

IMHO Thanks Giving 2010

Mon, 22 Nov 2010 14:24:12 GMT

IMHO: Thanks Giving Nevin E. Adams nevin.adams@assetinternational.com November 23, 2010 (PLANSPONSOR.com) - Thanksgiving has been called a “uniquely American” holiday, and one on which, IMHO, it is fitting to reflect on all for which we have to be thankful. Here's my list for 2010 :

IMHO Sure Things

Mon, 15 Nov 2010 12:29:44 GMT

IMHO: “Sure” Things Nevin E. Adams nevin.adams@assetinternational.com November 16, 2010 (PLANSPONSOR.com) - In a very real sense, this has been a “rebuilding” year for many plan sponsors and participants. It has been a time spent rebuilding account balances, resurrecting and/or reviving

IMHO After Thoughts

Tue, 09 Nov 2010 02:28:19 GMT

IMHO: “After” Thoughts Nevin E. Adams nevin.adams@assetinternational.com November 9, 2010 (PLANSPONSOR.com) - The morning after last week’s mid-term elections, a plan sponsor friend of mine called me up and asked me what I thought it all meant. Still bleary-eyed from sitting up watching

IMHO Costs of Living Adjustment

Tue, 02 Nov 2010 14:26:07 GMT

IMHO: Costs of Living Adjustment Nevin E. Adams nevin.adams@assetinternational.com November 3, 2010 (PLANSPONSOR.com) - A couple of weeks back, the Social Security Administration announced that, for the second year in a row – but only for the second time since 1975 – there would be no cost of living ad

IMHO Interests Bearing

Mon, 25 Oct 2010 13:58:52 GMT

IMHO: Interests 'Bearing' Nevin E. Adams nevin.adams@assetinternational.com October 26, 2010 (PLANSPONSOR.com) - Last week the Labor Department issued a proposal that would, by its reckoning, provide the first update to the definition of an ERISA fiduciary since shortly after the birth of the federal

IMHO Paper Trail

Tue, 19 Oct 2010 06:29:37 GMT

IMHO: Paper “Trail” Nevin E. Adams nevin.adams@plansponsor.com October 19, 2010 (PLANSPONSOR.com) - Last week, the Department of Labor reissued its proposed regulation on participant fee disclosure. Those familiar with the last proposal (put out by the prior Administration – see

IMHO Scale Model

Mon, 11 Oct 2010 14:51:06 GMT

IMHO: Scale Model Nevin E. Adams nevin.adams@assetinternational.com October 12, 2010 (PLANSPONSOR.com) - I’ve long had an issue with weight scales, for the perhaps obvious reason that, these days, they frequently deliver a message I’d just as soon not receive. See, even when I’m feelin

IMHO Listening Post

Tue, 28 Sep 2010 15:47:47 GMT

IMHO: Listening Post Nevin E. Adams nevin.adams@assetinternational.com September 29, 2010 (PLANSPONSOR.com) - I recently found myself turning back to my notes from the PLANSPONSOR National Conference in June. Some of these came from presentations, others originated from the

IMHO Forever More

Tue, 21 Sep 2010 12:36:21 GMT

IMHO: “Forever” More? Nevin E. Adams nevin.adams@assetinternational.com September 22, 2010 (PLANSPONSOR.com) - Last week the Treasury Department and Department of Labor held two-days of joint hearings on the subject of retirement income. Now, plan sponsors who have contempl

IMHO Looking Class 2010

Tue, 07 Sep 2010 13:12:47 GMT

IMHO: Looking Class Nevin E. Adams nevin.adams@plansponsor.com September 7, 2010 (PLANSPONSOR.com) – Today PLANSPONSOR opens nominations for our Retirement Plan Adviser of the Year awards. Each year we receive a number of inquiries from advisers about the awards, and many of thes

IMHO Double Dipping

Tue, 24 Aug 2010 16:10:08 GMT

IMHO: Double Dipping? Nevin E. Adams nevin.adams@assetinternational.com August 25, 2010 (PLANSPONSOR.com) - Last week Fidelity published some data from their quarterly analysis of participant activity. For the very most part the data (see Fidelity Finds Q2 Uptick in 401(k) Withdrawals

IMHO Mandatory Sentences

Wed, 18 Aug 2010 15:29:29 GMT

IMHO: “Mandatory” Sentences Nevin E. Adams nevin.adams@assetinternational.com August 19, 2010 (PLANSPONSOR.com) - We have long lamented the reality that only about half of this nation’s workers have access to some kind of workplace-based retirement vehicle, and with good reason.

IMHO Wrong Headed Part 2

Tue, 10 Aug 2010 16:13:31 GMT

IMHO: "Wrong" Headed?—Part 2 Nevin E. Adams nevin.adams@assetinternational.com August 11, 2010 (PLANSPONSOR.com) - Last week’s column presented half of a list that I titled “10 things you’re probably STILL doing wrong as a plan fiduciary.” As I mentioned then, this is a compilation ba

IMHO Wrong Headed

Tue, 03 Aug 2010 15:41:11 GMT

IMHO: "Wrong" Headed? Nevin E. Adams nevin.adams@assetinternational.com In this as, perhaps, many professional endeavors, it seems that the more you know, the more you know you don’t know. Moreover, the standards imposed on plan fiduciaries by the Employee Retirement Income Security A