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28
Aug

Drive 55

Speed limit

How fast do you go on the highway? The speed limit or 9 miles per hour over the speed limit. If you are in North Jersey you can’t go the speed limit safely can you? The actual and practical speed limits probably vary by region and population. I recently saw speed limit signs in Utah posted at 80 mph. Going over 80 mph is hard for most.

The growing school of thought in the qualified plan business involves a defined speed limit for compensation and related services. While we won’t make an attempt to define the speed limit, we ask you to be mindful as compensation and services are paired. Be clear, Be reasonable and Be informed. Use the tools available from your vendors, your DCIO partners and your digital destinations. http://www.the401kstudygroup.com has a unique group assembled to build around as do other industry stakeholders.

By the way, it is a great time to have those conversations with plan sponsors, especially if you are new to the industry or considering entry. You have a clear message that resonates deeply with decision makers and fiduciaries and no old habits to unlearn.

Oh yeah and just drive 55. The rest of the story is for another day.

 

28
Aug

DOL Offers Some ‘Friendly’ Advice to Supremes on 401(k) Fee Case

The Department of Labor has offered some “friendly” advice to the U.S. Supreme Court as it considers a review of a high-profile 401(k) fee case. In a “friend of the Court” amicus brief filing, the DOL said it thinks that the high court should weigh in on the statute of limitations issue presented in Tibble v. Edison — but not on the issue of reviewing an alleged breach of duty in administering the plan in accordance with its terms.

Source: www.napa-net.org

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28
Aug

What, Me Retire? – DC Daily Stat | BlackRock

72%: Pre-retirees who say they want to keep working in retirement.

Source: www.blackrock.com

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27
Aug

A 401(k) Rollover Checklist

Source: news.morningstar.com

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27
Aug

Gray Power – DC Daily Stat | BlackRock

40%: People age 55 and older who are working.

Source: www.blackrock.com

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26
Aug

The Rise and Fall of the American Pension

Once the mainstay of corporate benefits, it has calcified into a boulder-like burden dangling from a noose around the neck of its company sponsor.

Source: fiduciarynews.com

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25
Aug

US Department of Labor obtains court order freezing 401(k) fiduciary’s account : American Daily Record

U.S. National News and Information

Source: www.americandailyrecord.com

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21
Aug

Prune those 401(k) Plan Investment Lineups | JD Supra

We are a nation of over abundance and we should be grateful for that. The problem is that over abundance can lead to a life of excess. We are often told that more is more and the…

Source: www.jdsupra.com

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20
Aug

Adjusting to a Generation Shift

This weeks posting is provided Cambridge Investment Research and penned by Amy Weber, President. The paper address the strategies in developing a change strat…

Source: www.slideshare.net

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19
Aug

Demystifying ERISA

ERISA regulations continue to flummox advisors and they undertake huge risks when doing business with retirement plans.Advisors need to properly evaluate and understand the complexities of ERISA

Source: www.linkedin.com

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