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Available through August 4, 2016Speaker: Derrin Watson, Esq, Attorney, Sunguard Relius Click here to view the webcast outline!Although plan distributions seem commonplace, they can also provide for many compliance challenges. Whether it is a severance...
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For those keeping score at home, a total of 36 individuals and organizations submitted comments on the Department of Labor’s April 14 fiduciary proposal during the first month of the comment period.The DOL’s Employee Benefits Security Administration has created a “public comments” page on its...
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Will the third time be the charm? House Education and the Workforce Committee Chairman John Kline (R-Minn.) and Health, Employment, Labor and Pensions Subcommittee Chairman Phil Roe (R-Tenn.) in a June 2 letter to Labor Secretary Thomas Perez have again repeated a request for additional information...
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Wednesday, July 29, 20152 p.m. - 3:40 p.m. ETSpeaker: Ellie Lowder, TGPC, Consultant; Robert J. Toth, Jr., Law Office of Robert J. Toth, Jr. LLC Check back soon for the webcast outline! Bob and Ellie will cover the rules (and the opportunities) for...
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The Pension Benefit Guaranty Corporation (PBGC) has released its annual update on pension data. The report provides information reported by pension plans and the PBGC and compares it to data from earlier years.The report includes statistics for PBGC’s single-employer and multiemployer programs and...
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Summer has begun, and for many parts of the United States, so has hurricane season. Residents and proprietors in areas at risk of a landfall — as well as inland areas that also can be affected — often hear exhortations to be prepared, just in case. The IRS has issued a reminder about the importance...
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ASPPA is always providing information and insights that will be valuable to its members! Following is a summary of upcoming webcasts and events. Live WebcastsNew Mortality Tables — Their Use and Application Tuesday, June 23, 20152:00 p.m. - 3:00 p.m. ET Speakers: Raymond D. Berry, MSPA, ASA, MAAA,...
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The cost of investment management is the top expense for defined benefit plan sponsors, a recent study found.Penbridge Associates, an advisory firm that focuses on the U.S. DB risk transfer market, conducted the study. It looked at the costs associated with maintaining a U.S. corporate DB plan, and...
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The Bipartisan Policy Center convened what at least one participant termed a “policy wonk throwdown” in the nation’s capital May 27. The subject? The Department of Labor’s fiduciary proposal.The actual title of the event was “Champions, Critics and Consequences of a New Fiduciary Standard,” and it...
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The recent Department of Labor (DOL) study finding deficiencies in audits of employee benefit plans does not translate to a statement about how viable those plans are, says the American Institute of CPAs (AICPA). In a May 28 statement, AICPA said that “none of the quality issues identified by the...
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Physician, heal thyself. A study the Department of Labor (DOL) did of its audits of employee benefits plans shows that the department needs to improve the quality of those audits.In fact, such audits today are more likely to be deficient than they were a decade ago. Bloomberg BNA reports that the...
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Senate Finance Committee Chairman Orrin Hatch (R-Utah) and Ranking Member Ron Wyden (D-Ore.) on May 21 released an update on the committee’s bipartisan tax working groups.The senators said they would allow the working groups more time to analyze current tax law and examine policy trade-offs and...
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On May 20, President Obama announced his intent to nominate a number of individuals to key Administration posts, including the Pension Benefit Guaranty Corporation (PBGC).Assuming the Senate concurs, W. Thomas Reeder, Jr. is the President’s choice to head the nation’s private pension insurer. The...
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Employers, plan administrators, third party administrators and others associated with multiemployer plans have received reassurance regarding the scope of the Pension Benefit Guaranty Corporation’s proposed rule on mandatory e-filing for certain multiemployer notices.The PBGC issued a clarification...
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While we won’t be bringing you an ASPPA Connect newsletter on Monday in view of it being Memorial Day, we did want to share with you some interesting facts about the holiday that you might not have known. Memorial Day began after the Civil War. The loss of life and its effect on communities...
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ASPPA Executive Director and CEO Brian Graff opened ASPPA’s first-ever virtual conference May 14 with a discussion of “the elephant in the room” — the Department of Labor’s (DOL) reproposal concerning the definition of who is a fiduciary.Graff noted that the proposed regulation is “mammoth,” but...
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ASPPA’s first-ever virtual conference on May 14 provided its 600+ attendees more than critical information on important issues — it also afforded them an ideal opportunity to gain the expert speakers’ insights on particular situations and matters.DOL Fiduciary RuleIt’s no surprise that the...
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ASPPA is always providing information and insights that will be valuable to its members! Following is a summary of upcoming webcasts and events.Live WebcastsForm 5500 UpdateTuesday, May 26, 20152:00 p.m. - 3:40 p.m. ETSpeaker: Janice M. Wegesin, CPC, QPA, President, JMW Consulting, Inc.This webcast...
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Those looking for a bright line of illumination from the U.S. Supreme Court on fiduciary responsibilities in a 401(k) revenue-sharing case were likely disappointed May 18.The case, Tibble v. Edison International, argued before the nation’s High Court on Feb. 24, dealt with the application of ERISA’...
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Wednesday, May 20, 20151:30 p.m. - 2 p.m. ET Speaker: Sarah Simoneaux, CPC Check back soon for the webcast outline! Lots of advisors claim to be retirement plan experts – with NAPA’s new CPFA credential you can prove it.Designed by a group of expert advisors,...
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