Showing entries from 2017.
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Jun 2017Mutual Fund Trading Costs: The Most Important Fee You’ve Never Heard Of?
What if I told you that there is a fee present in mutual funds that is NOT included in the fund's published expense ratios and is often not publicly disclosed by the fund companies, since the SEC does not require its disclosure? You might laugh, but it is true. These added fees are known as tr…
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Jun 2017Alternate Fee Calculation/Allocation Models
By now, most retirement plan sponsors have an understanding of the two primary methods used by recordkeepers to charge fees to plans and participants: As a percentage of plan assets - Typically expressed in hundredths of a percent, or basis points (e.g., ten basis points = one-tenth of one …
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Jun 2017Learning from PLANSONSOR's Plan Sponsor of the Year Finalists
Two of our clients, the University of Massachusetts and the Oklahoma State University and A&M System, were selected by PLANSPONSOR as 2017 Plan Sponsor of the Year finalists. My colleague, Jeff Snyder, had the opportunity to discuss the initiatives that made them worthy of recognitio…
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Jun 2017The Fiduciary Rule “Delay” That Wasn’t – Where Do We Go From Here?
If I had consulted with my Magic 8-ball last week, given the previous comments by newly appointed Secretary of Labor Alexander Acosta, it probably would have stated that “signs point to yes” with respect to a delay in the June 9th initial applicability date of the Fiduciary Rule. …
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May 2017Why Some Plan Sponsors THINK They Have Fiduciary Liability Insurance, But Don’t
In the currently litigation and regulatory environment, hardly a week goes by where I don’t receive a question about fiduciary liability. These questions generally arise when a plan sponsor confuses fiduciary liability insurance with another type of insurance. In a significant number of instances, t…
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May 2017The First 100 Days Are Done. Now What?
My colleague, Jeff Snyder, recently appeared on an Asset TV panel to discuss the implications of President Trump’s first 100 days in office on retirement plans (for those concerned about the future landscape of retirement plans, I strongly suggest a viewing). The discussion highlights many of the re…
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May 2017Which Sounds Better: Retirement or Financial Independence?
This week, in my review of content that might be of interest to Top of Mind readers, I stumbled upon a Tweet from Dan Otter of 403(b)wise (actually a retweet from Scott Dauenhauer) that discusses the wonderful-sounding concept of financial independence. After all, who wants to be financially depende…
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May 2017Participant Engagement: Learning to Crawl Before You Can Walk
My colleagues, Sandy Lucev and Alison Kellner, recently wrote about some of the groundbreaking work our firm is conducting in the area of integrating retirement and financial wellness with overall employee wellness campaigns. Preliminary results from this innovative campaign have been promising and …
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Apr 2017Blogroll & Twitter Update
In our constant effort to improve, I am excited to announce a few updates to our Top of Mind reader experience. Our blogroll is now up and running! For those of you unfamiliar with the concept, the blogroll will be a series of links to other blogs and websites that the Cammack Retirement team has…
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Apr 2017What’s Cooking in Congress for Retirement Plans?
On my new Twitter Feed, I post the best retirement content I see every day, so that you don’t have to read every article that arrives in your inbox. One of my recent posts happened to come from my colleague, Jeff Snyder, who was fortunate enough to sit down with Preston Rutledge, Tax and Benef…
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