News Archive

A recent forum brought together a group of political heavy hitters in Oregon and other key stakeholders — including Judy Miller of the American Retirement Association — to discuss the current status of the Oregon Retirement Security Program and the issues surrounding the creation and implementation... READ MORE

U.S. Senators Elizabeth Warren (D-Mass.) and Steve Daines (R-Mont.) have teamed up to introduce legislation that would create a federal lost and found designed to help stem leakage from retirement accounts.According to its sponsors, the bill uses the data employers are already required to report to... READ MORE

The IRS on June 21 issued proposed regulations prescribing rules for taxing compensation deferred under 457 plans established and maintained by state or local governments or other tax-exempt organizations. These proposed regulations include rules for determining: when amounts deferred under these... READ MORE

A strong majority of attendees at a recent conference for executives, investment professionals and registered investment advisors expect that changes to their technological systems will be necessary in order to comply with the Department of Labor’s fiduciary rule. An even greater majority expect... READ MORE

NTSA Webcast: Ethical Issues for 403(b) Advisors Available Until July 26, 2017 Webcast Outline: Click Here. Speakers: Robert J. Toth, Jr., Esq. To register for the on-demand recording: If you would like to view the on-demand webcast recording, starting Monday, August 1, 2016 and ending July 26,... READ MORE

A measure that will revise public sector pensions in Pennsylvania is headed to the desk of Gov. Tom Wolf (D). The state House of Representatives on June 14 passed the bill, which recently was revived in in that chamber, which had rejected it in December 2015.The House passed SB 1071 in a 136-59... READ MORE

The three lawsuits filed against the Department of Labor’s (DOL) fiduciary regulation in the Northern District of Texas could be coming together. The DOL has filed an “unopposed motion to consolidate cases” with the court, arguing that: all three actions challenge the same agency rulemaking... READ MORE

When an employer does not fully control the assets in the 403(b) plan handled by a TPA, could the employer notify employees that it does not have authority over the assets and that they will be responsible for gains and losses? In Tech Talk, Ellie Lowder tells us. READ MORE

You may have missed it, but you’ll likely be hearing a lot about John Oliver’s take on retirement savings, financial advisors, small plans, and the fiduciary regulation. Warning: It isn’t pretty.HBO’s “Last Week Tonight with John Oliver” spent about 20 minutes talking about those issues,... READ MORE