Category Archives: Retirement Plans

Managed Accounts could use a rebrand

They have been around for a long time and while I. think they can be beneficial, managed 401(k) accounts could certainly use a rebrand. A recent PlanAdviser article asked if there should be a rebrand for this service and I … Continue reading

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It’s all about communication

It was great hosting a live event again. I didn’t hold any live edition of That 401(k) Conference because people didn’t want to attend or sponsor the location I came up with (Detroit and Oakland) and Yankee Stadium was incommunicado … Continue reading

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Accept the compliment

It was great hosting a live event again. I didn’t hold any live edition of That 401(k) Conference because people didn’t want to attend or sponsor the location I came up with (Detroit and Oakland) and Yankee Stadium was incommunicado … Continue reading

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DOL rule gets its first lawsuit

The new fiduciary rule, which had its final rule, published, got its first lawsuit. The Federation of Americans for Consumer Choice (FACC), along with several independent insurance agents, filed a lawsuit in the U.S. District Court for the Eastern District … Continue reading

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The fiduciary rule and the rollover

I’m not a fan of abuses in the retirement plan space. I called for fee disclosures before it was vogue and I always saw abuses in the rollover space. I always felt that advisors could try to steer participants into … Continue reading

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JP Morgan Chase has participant data breach

Cybersecurity on all levels is one of the biggest threats out there that everyone in the 401(k) space needs to be tackled. J.P. Morgan Chase has been hit with a data breach exposing the personal information of more than 451,000 … Continue reading

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That 401(k) Conference returned to Arlington

That 401(k) Conference first started in 2018 and Arlington, Texas is the first city to have the event twice. On May 3rd, it was held at Globe Life Field, across the street from AT&T stadium, which hosted the event in … Continue reading

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Networking the wrong way

When it comes to building a retirement plan practice, networking is an important component. Whether you are a financial advisor or a third-party administrator or an auditor, placing an advertisement in the local newspaper or the yellow pages (if they … Continue reading

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Complacency for TPA is deadly

For me, one of the worst things that any business can have is a sense of complacency; I have spent too many years working at places that were just way too complacent in their work, where so much time was … Continue reading

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You can’t sell Betamax in a world of VHS

A plan provider once asked me if I had written a full-blown article on why trustee directed 401(k) plans are better than participant-directed plans. I haven’t even if I believed in it (which I do), but it’s not going to … Continue reading

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