First and foremost, NAPA is about advocacy. There is surprisingly little understanding among Washington policymakers regarding the role of plan advisors. The recent debates over uniform fiduciary standards, fee disclosure, and the definition of investment advice under ERISA are good examples.

Plus, NAPA will have ASPPA’s political clout and expertise behind it every step of the way. If you know anything about ASPPA, you know it’s renowned for its credible and authoritative voice on Capitol Hill. There is no better organization to partner with the advisor community in helping policymakers understand the impact of proposed legislative and regulatory changes on plan sponsors clients and participants.

Given these uncertain economic times and the debate about the future of 401(k) plans, it has never been more important for advisors to have a strong voice in Washington to ensure their views are clearly heard. NAPA will be run by advisors. Although other retirement planning professionals  can be members of NAPA, only advisors can be voting members.

GET INVOLVED!