ASPPA Net Staff

The Department of Labor has criticized an effort by a bipartisan group of members of the U.S. House of Representatives to address concerns about its proposed fiduciary rule, with a DOL spokesman calling the initiative “puzzling and disappointing.”Reps. Phil Roe (R-Tenn.), Richard Neal (D-Mass.),... READ MORE

The “Sandwich Generation” (roughly those age 45-65) and the Millennials (roughly those age 18-35) are separated in age by one to four decades. That’s quite a gap, and those generations have starkly different needs and concerns. But while the reasons for it may differ, they are alike in at least one... READ MORE

Overall, more than two in five (42%) Americans say the economy most affects their spending habits, according to a survey Bank of America and Merrill Edge have released. In looking toward 2016, most respondents believe they will be saving more (68%), spending less (67%) and investing more (53%)... READ MORE

Outsourcing plan administration is not new. And it can be more than a matter of mere convenience, since it offers assistance in meeting increasingly complicated regulatory and administrative requirements. But it’s not a full absolution from all responsibilities, argues Fiduciary Plan Governance in... READ MORE

The process of selecting party nominees for president can be unpredictable, and few years put that in as sharp relief as this one — and the election is still a year off!The lure of one particular candidate can be simply too much to resist. Accordingly, he kindly agreed to make a special appearance... READ MORE

The Securities and Exchange Commission (SEC) is working “expeditiously” on a uniform fiduciary standard, according to SEC Chair Mary Jo White. She made her comments at the Nov. 10 annual meeting of the Securities Industry and Financial Markets Association (SIFMA).White reported that her agency is “... READ MORE

Another bill looking to derail the Department of Labor’s fiduciary proposal has been introduced in Congress.This one, the Retirement Choice Protection Act of 2015 (H.R. 3922), was introduced by Rep. Mike Kelly (R-Pa.) — a member of the House Ways and Means Committee — with Social Security... READ MORE

The IRS has issued a draft of the Form 5500-EZ to be used by one-participant retirement plans for 2015 information reporting.The 2015 Form 5500-EZ is different from the 2014 Form 5500-EZ in two sections.In Part II, “Basic Plan Information,” changes have been made to Lines 4a, 4b, 6a and 6b.... READ MORE

ASPPA is always providing information and insights that will be valuable to its members! Following is a summary of upcoming webcasts and events.Live WebcastsASPPA Webcast: Forfeiture Stories for a Late Night CampfireThursday, Nov. 12, 20152 p.m. - 3:40 p.m. ETSpeakers: Adam C. Pozek, ERPA, QPA,... READ MORE