Category: Latest News
Robert Richter Becomes 43rd President to Lead ASPPA
The American Society of Pension Professionals & Actuaries (ASPPA) inaugurated Robert Richter as 2011-2012 president of the organization during the opening session of the annual conference at the Gaylord Hotel, National Harbor, Md.
Choice Is Critical to 403(b) Participation
ASPPA’s Pension Education and Research Foundation (PERF) issued research today on the impact of choice and participation in school-sponsored 403(b) plans. “Protecting Participation: The Impact of Reduced Choice on Participation by School District Employees in 403(b) Plans,” examines the role of choice in the 403(b) marketplace…
ASPPA Recommends Self-Correction Component To Voluntary Fiduciary Correction Program
ASPPA General Counsel Craig Hoffman issues a statement from a comment letter filed with the U.S. Department of Labor (DOL) Employee Benefit Security Administration (EBSA) on the Voluntary Fiduciary Correction Program under the Employee Retirement Income Security Act of 1974 (ERISA).
ASPPA Launches Association Focused on Plan Advisors
The American Society of Pension Professionals & Actuaries (ASPPA) today announced the launch of The National Association of Plan Advisors (NAPA) to meet the growing needs of advisors working in the 401(k) market.
ASBO, NEA & NTSAA Form Joint 403(b) Taskforce to Offer Fee Disclosure Solution
The National Tax Sheltered Accounts Association (NTSAA) and The American Society of Pension Professionals & Actuaries (ASPPA) today announced the formation of an industry taskforce dedicated to increasing transparency in the 403(b) marketplace.
ASPPA Testifies in Defense of 401(k) System
ASPPA’s Director of Retirement Policy Judy Miller testifies before a hearing of the U.S. Senate Finance Committee regarding Tax Reform Options: Promoting Retirement Security…
James Dornan Joins ASPPA Government Affairs Team
The American Society of Pension Professionals & Actuaries today announced the addition of James E. Dornan to their team as Political Director. Dornan joins ASPPA from Artemis Strategies where he was Senior Vice President handling political consulting services…
Lisa Allen Named ASPPA Educational Advocate
ASPPA announced the addition of Lisa Allen to their team as the Educational Programs Advocate. Allen joins ASPPA from Alliance Benefit Group Carolinas, where she was a Senior Vice President and Director of Strategic Alliances.
403 (b) Advisor Releases Summer Issue
In this month’s 403(b) Advisor cover story, ASPPA CEO Brian Graff uncovers how school systems and state education departments all over the country are consolidating their 403(b) plans. They want to save their teachers from what somebody has told them is a bewildering array of choices by reducing or eliminating choice altogether…
Research Shows Promoting Electronic Delivery of Retirement Documents Benefits Participants
Academics urge the Department of Labor (DOL) to allow defined contribution (DC) plans to make electronic delivery the default mechanism for conveying disclosure notices and information to plan participants. Greater use of electronic delivery would provide plan participants with timely and easy access to information in a more user-friendly format according to the paper by independent experts.
