Archive | March, 2012

Advisors Network, Give Back and Excel at 2012 ASPPA 401(k) SUMMIT

March 30, 2012

Comments Off on Advisors Network, Give Back and Excel at 2012 ASPPA 401(k) SUMMIT

From all quarters of the country and Canada, retirement plan advisors, together with plan administrators, product and service providers, and senior managers convened at the 11th annual ASPPA 401(k) SUMMIT. Attracting nearly 1300 attendees focused on the retirement plan marketplace, the 11th annual industry-leading conference was held in New Orleans, LA, as planned for several years to join in energizing NOLA’s renewal.
Related posts:

  1. Plan Sponsor Advisors Honored with 401(k) Advisor Leadership Award The American Society of Pension Professionals & Actuaries announced the…
  2. ASPPA Presents 11th Annual 401(k) SUMMIT The ASPPA 401(k) SUMMIT is a national forum for professionals…
  3. ASPPA Launches Association Focused on Plan Advisors The American Society of Pension Professionals & Actuaries (ASPPA) today…

Related posts brought to you by Yet Another Related Posts Plugin.

Continue reading...

Making sure you get the plan services you bargained for.

March 29, 2012

Comments Off on Making sure you get the plan services you bargained for.

Plan sponsors must be certain what there adviser is aying is in the contract. You must read even the small print. If you want to advoid this exercise hire an independent fiduciary professional to assist you. Many service providers will use a number of ‘marketing gimmicks’ to get your business. People can promise you the […]

Continue reading...

Younger Workers Look for Employers with DB Plans

March 29, 2012

Comments Off on Younger Workers Look for Employers with DB Plans

There are plan designs available for successful small business owners and professional service firms to add a hybrid defined benefit plan and attract and retain talented employees. These plan designs have become a viable solution by provisions in the Pension Protection Act of 2006. This plan design does not work for all companies however when […]

Continue reading...

Employment-Fourth Circuit Rules That The Discriminatory Denial Of An Employment Benefit (Whether Or Not The Employer Is Obligated To Provide The Benefit) Constitutes Adverse Employment Action Under Title VII

March 29, 2012

Comments Off on Employment-Fourth Circuit Rules That The Discriminatory Denial Of An Employment Benefit (Whether Or Not The Employer Is Obligated To Provide The Benefit) Constitutes Adverse Employment Action Under Title VII

In Gerner v. County of Chesterfield, No. 11-1218 (4th Circuit 2012), the plaintiff, Karla Gerner ("Gerner"), brought this suit against her former employer, Chesterfield County, Virginia (the "County"). Gerner claimed that the County unlawfully discriminated against her, in violation of…

Continue reading...

Industry Groups Urge DOL To Allow Broader Use Of Electronic Communication For Retirement Plan Participant Disclosures

March 28, 2012

Comments Off on Industry Groups Urge DOL To Allow Broader Use Of Electronic Communication For Retirement Plan Participant Disclosures

A coalition of 15 trade associations representing the retirement plan community, including employers and retirement services firms, is urging the U.S. Department of Labor (DOL) to permit broader use of electronic communications to deliver the disclosures to retirement plan participants required by new DOL regulations.
Related posts:

  1. Research Shows Promoting Electronic Delivery of Retirement Documents Benefits Participants Academics urge the Department of Labor (DOL) to allow defined…
  2. ASPPA Requests Electronic Disclosure Default Craig Hoffman, General Counsel and Director of Regulatory Affairs of…
  3. ASPPA Asks DOL For Extension on Fee Disclosure Craig Hoffman, General Counsel of ASPPA and the Council of…

Related posts brought to you by Yet Another Related Posts Plugin.

Continue reading...

ERISA-Sixth Circuit Rules That A Union’s Agreement To Indemnify An Employer For Its Withdrawal Liability Is Enforceable

March 28, 2012

Comments Off on ERISA-Sixth Circuit Rules That A Union’s Agreement To Indemnify An Employer For Its Withdrawal Liability Is Enforceable

In Shelter Distribution, Inc. v. General Drivers, Warehousemen & Helpers Local Union No. 89, No. 11-5450 (6th Circuit 2012), the plaintiff, Shelter Distribution, Inc. ("Shelter"), had filed suit against a union, General Drivers, Warehousemen & Helpers Local Union No. 89…

Continue reading...

Annual 401(k) Benchmarking Survey: 2011 Edition

March 27, 2012

Comments Off on Annual 401(k) Benchmarking Survey: 2011 Edition

For the eleventh year, Deloitte has surveyed 401k sponsors for trends and new plan features.  The 2011 survey was taken last summer and revealed some of the same hot topics from Continue reading

Continue reading...

Employee Benefits-Ninth Circuit Rules That A Roth IRA Cannot Be A Shareholder Of An S Corporation.

March 27, 2012

Comments Off on Employee Benefits-Ninth Circuit Rules That A Roth IRA Cannot Be A Shareholder Of An S Corporation.

And just when I announced my article praising the Roth IRAs, this happens: In Taproot Administrative Services, Inc., No 10-70892 (9th Cir. 2012), the Ninth Circuit Court of Appeals (the "Court") ruled that a Roth IRA cannot be a shareholder…

Continue reading...

3 Simple Steps to Create a Seriously Savvy Budget

March 26, 2012

Comments Off on 3 Simple Steps to Create a Seriously Savvy Budget

No, budgets are not attractive, fun or exciting in any way shape or form.  They are, however, the necessary evil that can assist in getting you and your family’s spending and saving habits back on track.  It’s difficult to understand why more individuals don’t already adhere to a budget, what with the economic crisis and […]

Continue reading...

Fiduciary Links: Structuring the IPS for 401(k) plans

March 26, 2012

Comments Off on Fiduciary Links: Structuring the IPS for 401(k) plans

>>>>Fiduciary News last week took a look at the “traditional” structure for the investment policy statement, as defined by the CFA Institute, and offered how that structure should be adapted to 401(k) plans. Included in those adjustments are expanding the…

Continue reading...