Shows
Retiring Minds - Their Next Chapter(s)Season 3, Episode 1: Fred ReishFRED REISH is an attorney whose practice focuseson fiduciary and best interest standards of care, prohibited transactions, conflicts of interest, and retirement plan issues. He is of counsel at the Ferenczy Benefits Law Center and acts as the Director of ERISA and Fiduciary Strategy for Prime Capital. Fred is a Charter Fellow of the American College of Employee Benefits Counsel. He has been recognized as one of the “Legends” of the retirement industry by both PLANADVISER magazine and PLANSPONSOR magazine. Fred has received recognition awards including the ASPPA/Morningstar 401(k) Leadership Award. Fred currently serves as a Researc...
2026-01-0822 min
Nevin & FredSeason 5, Episode 12: Retirement Plan Naughty & Nice(s)‘Tis the season for “best of,” “most,” and of course, “naughty and nice” list making. In this episode Nevin (Adams) and Fred (Reish) share theirs with regard to retirement plans.In that holiday classic “Santa Claus is Coming to Town,”Santa is said to be “making a list and checking it twice…” all with the purpose of finding out “who’s naughty and nice.” Well, in this special holiday-inspired episode, Nevin and Fred share their lists. So, who/what is going to wind up with a lump of coal in their stocking?Here are our lists:Naughty 1. Su...
2025-12-1828 minNevin & FredSeason 5, Episode 11: Things Plan Sponsors Should Be Thankful ForPlan sponsors have a lot to do – and a lot to do withhelping Americans prepare for retirement – and a lot of things that help them do so. In this episode, Nevin (Adams) and Fred (Reish) share their lists of things plan sponsors should be thankful for this holiday.There’s obviously a LOT to be thankful for, not the least ofwhich is that plan sponsors are often doing what they do for retirement planning in the midst of an array of other pressing concerns. That said, there have been any number of innovations andevolutions over the year...
2025-11-2236 minNevin & FredSeason 5, Episode 10: Things That Should Scare Plan FiduciariesAs Halloween approaches, and thoughts turn to ghosts,goblins and things that go bump in the night, Nevin (Adams) & Fred (Reish) turned their focus to things that SHOULD have the attention of (and perhaps even scare) plan fiduciaries.Now, there are lots of things that require careful attention, selection and monitoring of plan assets and services by planfiduciaries; advisors and plan sponsors alike. But there are some things that may sneak up on even the most attentivefiduciary – things like:Your target-date fund glidepath(s) – Is it “to”retirement or “through” retirement, is it appropriate for your particip...
2025-10-2332 min
Decoding GrowthBreak Away from the Herd with Nevin Adams | Decoding Growth | EP106Welcome to Decoding Growth, where unfiltered conversations and bold ideas are reshaping the future of retirement. In this episode, hosts Lisa Kottler and Will Prest sit down with legendary industry voice Nevin Adams to explore how innovation, regulation, and human behavior intersect in retirement—and where the industry must go next.Nevin shares candid insights on fiduciary risk, the evolving role of AI, financial wellness, and the human side of innovation. Packed with wisdom, humor, and real talk, this conversation challenges old assumptions and inspires fresh thinking about wh...
2025-10-1458 minNevin & FredSeason 5, Episode 9: Catching Up on Catch-UpsOn September 15, the IRS/Treasury announced the much-anticipated final regulations on SECURE 2.0’s new limits on catch-up contributions. In this episode Nevin & Fred talk about what lies ahead.These final regulations apply to retirement plans thatpermit participants who have attained age 50 to make additional elective deferrals that are catch-up contributions—which will now be restricted to Roth for individuals making $145,000 or more (adjusted for inflation), effective in January. A recent Plan Sponsor Council of America survey found thatfewer than 5% of plan sponsors said they were “ready to go” with these changes, while more than 4 in 10 were “str...
2025-09-1832 minNevin & FredSeason 5, Episode 8: What’s the Alternative(s)?On August 7, President Trump issued a much-anticipatedexecutive order, directing the Labor Department to (re)consider barriers to defined contribution plans accessing alternative investments. Nevin & Fred check it out – and theimplications.More specifically, an executive order directed the Secretary of Labor to, among other things, “reexamine the Department of Labor’s guidance on a fiduciary’s duties regardingalternative asset investments in ERISA-governed 401(k) and other defined-contribution plans” – a stance widely seen as encouraging the consideration of alternative assets in defined contribution plans, including 401(k)s and 403(b)s.The EO states as “the policy of the United States t...
2025-08-1524 min
Be More Than A FiduciaryNevin Adams: Default Income Solutions - Yea or Nay?Now “retired” (whatever that means), Nevin is the former Chief Content Officer and Head of Retirement Research for the American Retirement Association. One of the retirement industry’s most prolific writers, these days he’s “retired”, which means he writes less, but continues to keep his eye on developments in, and threats to, the nation’s private retirement system. He’s the Chief Advisor Strategist at Endeavor Retirement, and he’s also the “Nevin” in the Nevin & Fred podcast (along with renowned ERISA attorney Fred Reish), offering irreverent, but relevant perspectives on the critical issues confronting plan sponsors, advisors, and retirement industr...
2025-08-0631 minNevin & FredSeason 5, Episode 7: Has the Forfeiture Tide Turned?In recent days, federal courts have dismissed two notablesuits regarding forfeiture reallocation, but most notably the Labor Department has now weighed in on behalf of plan fiduciaries in another case. Could this be a turning point? Nevin & Fred weigh in.The suits – against JP Morgan and Wells Fargo – weredismissed in different courts on different grounds. Still, they came at a time, and in a way, that suggests at least some federal courts are now inclined to see practices long sanctioned by practice (and the IRS) as meritless.The real game changer, of course, might be the Lab...
2025-07-2136 minRetiring Minds - Their Next Chapter(s)Season 2, Episode 6: Blaine F. Aikin, CFA®Professionally, Blaine Aikin retired on July 1, 2024.Immediately prior to retirement, Blaine was the Founder and Principal of Fiduciary Insights, an independent provider of fiduciary subject matter expertise for organizations that employ or provide services to investment advisors.Fifteen years prior to founding Fiduciary Insights in 2019,Blaine served in the executive leadership of Fi360. He was CEO from 2007 through 2016 and Executive Chairman from 2016 through 2019. Upon retirement, he relinquished his Accredited Investment Fiduciary Analyst® designationadministered by Fi360.For 40 years Blaine has been active in the financial planning community. He served as a Director of the CFP Board o...
2025-07-1527 minRetiring Minds - Their Next Chapter(s)Season 2, Episode 5: Sheldon H. SmithSheldon H. Smith, attorney at law, retired from the law firm of Bryan Cave LLP where he practiced in the firm’s Employee Benefits and Executive Compensation client servicesgroup and its Fiduciary Litigation client services group, advising clients on ERISA, qualified retirement plans, welfare benefit plans, executive compensation, and fiduciary duties. Mr. Smith practiced law in private law firms for more than 43 years.During his career, Mr. Smith designed and assisted clients with the implementation and operation of qualified and non-qualified pension benefit plans, welfare benefit plans and equity-based compensation plans. He advised benefits committees and plan spo...
2025-06-1827 minNevin & FredSeason 5, Episode 6: Dispelling Retirement Plan MisperceptionsSome call them “lies”—but in this episode, Nevin (Adams) andFred (Reish) highlight some of the most common—and confusing topics—about retirement plan responsibilities.Inspired by Fred Barstein’s “10 Biggest Lies Told to 401(k) Plan Sponsors,” the prolific podcasting pair parse a passel of problematic misperceptions regarding retirement plan responsibilities.We’re talking about things like:RFP requirements,cheap investment picks,CIT assumptions,PEP perceptions,recordkeeper reliance, andthe limits of advisor accountability. And that’s not all! See how their list matches yours.Episode ResourcesOnline Securi...
2025-06-1633 minNevin & FredSeason 5, Episode 5: – (Still) Live from Las Vegas – Part 2Nevin (Adams) & Fred (Reish) brought their prolific,pugnacious, and provocative perspectives in a live podcast format to the record-breaking NAPA 401(k) Summit. In part 1 the precocious podcasting pair talked about anumber of lessons to be learned from recent litigation, including: - Who bears the burden of proof in ERISA litigation—according to the United States Supreme Court (bad policy, but “good” law)?- A rare jury trial—and a BIG settlement. Why they’re rare (but may become more common). Oh, and it involved a multiple employer plan (MEP). - Fred clarifies his prediction on PEPs (but he’s still a fan).
2025-06-0227 minRetiring Minds - Their Next Chapter(s)Season 2, Episode 4: Sal TripodiSal L. Tripodi maintained a consulting practice in the employee benefits area, TRI Pension Services. Through TRI Pension Services, he provided technical training and consulting services in ERISA-related areas, and conducted numerous seminars around the country, including an annual seminar in Honolulu until 2019. He is the original author of a nine-volume reference guide, “The ERISA Outline Book,”which is used by pension practitioners nationwide. Effective January 1, 2019, the rights to “The ERISA Outline Book” were acquired by the American Retirement Association, which now updates the book. Until January 2024, TRI PensionServices published an electronic quarterly newsletter, eRISA Update. Sal served as the Presid...
2025-05-1927 minNevin & FredSeason 5, Episode 4: Nevin & Fred - Live from Las VegasNevin (Adams) & Fred (Reish) brought their prolific,pugnacious, and provocative perspectives in a live podcast format to the record-breaking NAPA 401(k) Summit.That’s right, at the mid-point of the 2025 NAPA 401(k)Summit, the precocious podcasting pair talked about a number of lessons to be learned from recent litigation, including:Who bears the burden of proof in ERISA litigation—according to the United States Supreme Court (bad policy, but "good" law)? A rare jury trial—and a BIG settlement. Why they’re rare (but may become more common). Oh, and it involved a multiple employer plan (MEP).Fred...
2025-05-1425 minRetiring Minds - Their Next Chapter(s)Season 2, Episode 3: Jeanne ThompsonJeanne Thompson is the founder of Jeanne Thompson Global, a consultancy that partners with forward-thinking organizations to create comprehensive retirement transition programs. After retiring from Fidelity Investments in December 2021, Jeanne discovered firsthand that people need support beyond financial planning to not only make the decision to retire, but to successfully transition into retirement. This lived experience led her to develop an innovative approach addressing five essential pillars often overlooked in traditional retirement planning: creating structure, developing hobbies, evolving identity, building community, and finding purpose.Through Jeanne Thompson Global, she helps organizations develop structured retirement transition programs that...
2025-03-1932 minNevin & FredSeason 5, Episode 3: Pondering Participant Data Protocols & PRTAs interest rates rise, so has interest in pension risktransfer (PRT)—and litigation. Nevin & Fred take a look at what’s underlying (and undermining) that focus, aswell as a new suit alleging aggressive participant marketing.Pension risk transfer is an aptly named process undertakenby an organization that wants to transfer its pension obligations to another entity, typically an insurance company. The process itself is a fiduciary decision requiring carefulconsideration of the entity to which those obligations are transferred—and therein lies the basis of a recent spate of litigation regarding those choices (and during a period of time in...
2025-03-1727 minNevin & FredSeason 5, Episode 2: Some New Twists on Forfeiture Reallocation LitigationA “new” entrant to the forfeiture reallocation suit “suite”—and a decision in favor of fiduciary defendants. Nevin & Fred review the latest developments.Yet another 401(k) forfeiture fiduciary breach suit has beenfiled—but there are some key differences: The plaintiffs are represented by the law firm of Schlichter Bogard, LLC. The plan involved was the largest targeted by this type of litigation to date (nearly $8 billion). The plan document language prohibited use of forfeitures to offset employer contributions before offsetting administrative expenses (at least according to the suit).And then there is a case that has been thro...
2025-02-1830 minRetiring Minds - Their Next Chapter(s)Season 2, Episode 2: Mark DavisMark worked in the defined contribution industry for morethan 30 years and served as an independent advisor since 1999. Mark's career focused on providing investment advisory services to fiduciaries of corporate retirement plans. Based in Los Angeles, he served clients from New York toHonolulu. Mark has been frequently quoted in national media and regularly spoke at events on retirement, investment and educational issues. Mark has testified before both the House Ways & Means and the House Education and LaborCommittees. He served on the Board of Directors of ASPPA, the American Society of Pension Professionals and Actuaries and on the founding Committee of...
2025-02-1124 minRetiring Minds - Their Next Chapter(s)Season 2, Episode 1: Dallas SalisburyDallas Salisbury was long synonymous with the Employee
Benefit Research institute (EBRI) that he led as CEO from its founding in 1978 until 2015 when he was named Resident Fellow and President Emeritus of that organization, a position he held till year-end 2017. He was also chairman and CEO until December 31, 2015, of the American Savings Education Council (ASEC), a partnership of public and private-sector institutions that undertake initiatives to raise public awareness as to the needs for insuring long-term economic and health security, and was the image of SavingsmanTM, the
spokesperson for the Choose to $ave® www.choosetosave.org ) public service announcements....
2025-01-2831 minNevin & FredSeason 5, Episode 1: Can Duties of Prudence and Loyalty Diverge?Could plan fiduciaries violate their duty of loyalty to plan
participants despite a prudent process? A recent federal judge says yes. Nevin (Adams) & Fred (Reish) discuss.
Participant-plaintiff (and pilot) Bryan P. Spence filed suit in the U.S. District Court for the Northern District of Texas in June 2023 against Defendants American Airlines, Inc., American Airlines Employee Benefits Committee, Fidelity Investments Institutional, and Financial Engines Advisors, LLC (he subsequently dropped the latter two).
The suit alleged that they “breached their fiduciary duties
in violation of ERISA by investing millions of dollars of American Airlines employees’ retirement savings...
2025-01-2230 minRetiring Minds - Their Next Chapter(s)Season 1, Episode 6: John RekenthalerJohn Rekenthaler was vice president of research for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc.
Rekenthaler joined Morningstar in 1988 and served in several capacities. He has overseen Morningstar's research methodologies, led thought leadership initiatives such as the Global Investor Experience report that assesses the experiences of mutual fund investors globally, and been involved in a variety of new development efforts.
Rekenthaler previously served as president of Morningstar Associates, LLC, a registered investment advisor and wholly owned subsidiary of Morningstar, Inc. During his tenure, he has also led the company’s retirement ad...
2025-01-0331 minNevin & FredSeason 4, Episode 15: A Christmas (k)arolWith apologies to Charles Dickens, Nevin & Fred have
done a special year-end tribute (of sorts) to the “ghosts” of retirement past, present – and future.
Several weeks back Brian Brashaw issued a challenge (of sorts) to the podcasters of the retirement industry. Specifically, he expressed an interest in that unique and special group doing a podcast “visited by three spirits: ghosts of 401k past, present and future.”
To date, we’ve seen interest, but no “takers” – but here’s
the Nevin & Fred option.
Episode Resources
An ‘Unintended’ Consequence - https://www.napa-net.org/news/2024/11/talking-p...
2024-12-1835 minNevin & FredSeason 4, Episode 14: A Fiduciary Naughty and Nice ListIt’s the holiday season, and Santa isn’t the only one making
a list and checking it twice.
Let’s face it, SECURE 2.0 has a LOT of good, interesting—and
potentially complicated options. But there are some that AREN’T optional, like the requirement that new plans
adopted after the signing of the legislation into law have to automatically enroll eligible participants beginning in January 2025.
What happens if you forget? What happens if the business is
below the threshold—and then goes above it—and then slips below it? And there’s something “special” about the
selection of...
2024-12-0430 minRetiring Minds - Their Next Chapter(s)Season 1, Episode 5: Mathew GreenwaldMathew Greenwald is the Founder and Managing Director of Strategic Initiatives of Greenwald Research, a market research firm founded in 1985 that specializes in retirement, life insurance, employee benefits and other financial
services issues. He has a Ph.D. in sociology from Rutgers
University. Dr. Greenwald was a Congress-appointed
delegate to the 1998 and 2002 National Summits on Retirement Savings. He has published numerous articles on
retirement issues. He is an elected member of the Market Research Council, a group of the country's leading market
researchers. He is the only market researcher in the Insured Retirement Institute’s Annuity Hall of Fame.
H...
2024-12-0232 minNevin & FredSeason 4, Episode 13: Nevin & Fred “Live” at ASPPA AnnualOn October 21, the dynamic podcasting duo of Nevin (Adams) & Fred (Reish) brought their engaging, informative, and occasionally alliterative discussion to ASPPA Annual.
As one might expect from a crowd composed of the nation's leading recordkeepers and third party administrators (and a bunch of experts that help them succeed), the discussion was, as always, wide-ranging, including constantly compelling topics like:
Latest Lessons from the Litigation Landscape – fending off fiduciary forfeiture suits
Fiduciary Faux Pas, Pitfalls and Best Practices
Scary stuff from SECURE 2.0 – implications of
auto-enrollment for all plans, LTPT employee tracking, etc.
2024-10-3035 minRetiring Minds - Their Next Chapter(s)Season 1, Episode 4: Karen A. JordanKaren A. Jordan is a retired pension consultant with more than 40 years in the retirement plan business. Formerly, she was president and an owner of Alaska Pension Services, Ltd. (APS), a pension consulting firm in Anchorage, Alaska. Karen is a past president of the American Society of Pension Professionals and Actuaries (ASPPA), which is head- quartered in Arlington VA. With ASPPA, she earned the designations of Certified Pension Consultant, Qualified Pension Administrator and Qualified 401(k) Administrator. She was also an Enrolled Retirement Plan Agent under the IRS.
Locally, Jordan is a member of Anchorage East Rotary Club, the...
2024-10-1832 minNevin & FredSeason 4, Episode 12: Forfeitures, Meeting Minutes & MoreIn a “live” version of the Nevin & Fred podcast at the
Strategic Retirement Partners (SRP) annual conference, Nevin & Fred (& Bonnie Treichel & Tom Clark) covered recent litigation trends—and more!
In recent months, the plaintiffs’ bar has “discovered” a new litigation target: the use of forfeitures to offset employer contributions, rather than to offset plan fees
or to reallocate them to the remaining participants in the plan. The expanded expert podcast panel reviews the
current status, the trend(s), and what plan fiduciaries can/should do about it.
And—on a related topic—what should/shouldn’t be included in com...
2024-10-1546 minRetiring Minds - Their Next Chapter(s)Season 1, Episode 3: Nevin E. Adams, JDNow “retired” (whatever that means), Nevin is the former
Chief Content Officer and Head of Retirement Research for the American Retirement Association. One of the retirement industry’s most prolific writers, these days he’s “retired,” which means he writes less, but continues to keep his eye on developments in, and threats to, the nation’s private retirement system.
He’s the “Nevin” in the Nevin & Fred podcast (along with
renowned ERISA attorney Fred Reish), offering irreverent but relevant perspectives on the critical issues confronting plan sponsors, advisors, and retirement industry professionals.
He’s also the co-host of THIS new p...
2024-09-2727 minNevin & FredSeason 4, Episode 11: Stop—and Go? The Fiduciary Rule & Forfeiture SuitsThe so-called fiduciary rule has been stayed—and legal
challenges regarding forfeiture reallocation are picking up. Nevin & Fred discuss what you should be doing…now.
About a month ago two separate federal judges put a hold on the effective date (09/23) of the Labor Department’s new fiduciary rule—indefinitely. n ordering the stay, United States District Judge Jeremy D. Kernodle explained that “the 2024 Fiduciary Rule suffers from many of the same problems” that were found in the version vacated by the Fifth Circuit back in 2018.
On the other (unrelated) hand, the number of suits alleging a fiduciary bre...
2024-08-2823 minRetiring Minds - Their Next Chapter(s)Season 1, Episode 2: The Honorable Phyllis C. BorziFollowing her unanimous confirmation by the U.S.
Senate, the Honorable Phyllis C. Borzi served as the Assistant U.S. Secretary of Labor of the Employee Benefits Security Administration (EBSA) during the
Obama Administration from 2009 until 2017, overseeing approximately 700,000 private-sector retirement plans, approximately 2.3 million group health plans, and a similar number of other welfare benefit plans that provide benefits to approximately 150 million Americans. As agency head, Assistant Secretary Borzi oversaw the administration, regulation and enforcement of Title I of ERISA.
Among her other duties as Assistant Secretary of Labor, she represented the Department of Labor in overseeing
implementation...
2024-08-1548 minNevin & FredSeason 4, Episode 10: The Demise of DeferenceWith far-reaching implications—likely including the Labor
Department’s fiduciary rule—the nation’s highest court has set aside a long-standing judicial deference to federal regulators in interpreting the law. In this episode Nevin (Adams) and Fred (Reish) consider the impact(s).
While the full implications will take time to emerge, it’s
almost certainly going to produce more litigation, and in the process, less certainty for advisors, plan sponsors and recordkeepers trying to operate within those boundaries.
Why It Matters
Since 1984, courts have adopted a review framework for
challenged regulations. First, to consider wh...
2024-07-3030 minRetiring Minds - Their Next Chapter(s)Season 1, Episode 1: Charlie NelsonOne of the retirement industry’s most innovative leaders, Nelson led not one, but two major retirement companies,
Voya and Great-West Life.
As the Vice Chairman and Chief Growth Officer at Voya Financial, he supported the shape of Voya’s growth strategy, both organic and inorganic, including a robust customer segmentation strategy to align solutions to specific customer and market needs. As CEO of
Retirement & Employee Benefits at Voya, he led all aspects of the retirement and employee benefits businesses, representing more than 12 million participants and employee benefit policy holders. He began his career with Great-West Life (now Em...
2024-07-2330 min
The 401(k) Marketing PodcastRetirement Income Solutions with Nevin Adams (Ep.42)In this episode, Rebecca is honored to welcome Nevin Adams, a legendary figure in the retirement planning industry. With a career spanning nearly five decades, Nevin has played a pivotal role in shaping the landscape of retirement plans. His wealth of experience and knowledge is undeniable as he shares his insights and future projections.
Dive into the transformative impact of target date funds, the advent of automatic enrollment, and the challenges with retirement income solutions as Rebecca and Nevin discuss:
How target date funds have simplified the investment process for 401(k) participants
Why automatic enrollment could...
2024-07-1530 minNevin & FredSeason 4, Episode 9: SECURE 2.0 Choices and Savings TrendsThe SECURE 2.0 Act of 2022 included dozens of new OPTIONAL plan design choices for plan sponsors. Nevin (Adams) and Fred (Reish) explore the findings of a new survey of which plan design choices plan sponsors are most likely to adopt.
To gain a better understanding of which optional provisions of the SECURE 2.0 Act plan sponsors are most likely to adopt, Fidelity Investments recently invited more than 2,000 clients to participate in a survey, and from that derived the top-five-ranked optional provisions. In this episode, Nevin (Adams) and Fred (Reish) talk about
those options—and THEIR favorites.
In thi...
2024-07-0935 minNevin & FredSeason 4, Episode 8: Forfeitures, Managed Accounts and a "New" Fiduciary Rule ChallengeIn this episode, Nevin & Fred discuss new lawsuits regarding fiduciary breaches on the use of plan
forfeitures, a managed account default – and the Labor Department’s new fiduciary rule.
In late May a motion to dismiss the suit in one of the half-dozen (and counting) suits challenging the use of plan
forfeitures to reduce employer contributions was itself dismissed, with a federal judge deciding that the plaintiffs had made a plausible case to proceed.
Also in late May, participant-plaintiff Debra Hanigan claimed that the plan fiduciaries of the $5.1 billion Bechtel Trust and Thrift Plan “breached their f...
2024-06-1833 minNevin & FredSeason 4, Episode 7: The Fiduciary Rule—Here We Go AgainIn late April the Department of Labor (DOL) released the Retirement Security Rule, generally referred to as the “fiduciary rule.” Nevin (Adams) and Fred (Reish) take a look at what’s changed —what hasn’t—and what it all means for retirement plan advisors.
This now-final rule updates and broadens the definition of an investment advice fiduciary under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC). In this new podcast episode, the
prolific podcasting pair ponder:
The impact(s) to retirement plan advisors who are already ERISA fiduciaries, and compliant with PTE 2020-0...
2024-05-2929 min
High Impact Man PodcastEpisode 112 - Ansel Adams The Big PictureWHERE I'M FROM:Name is Kaleb East (F3 Ansel Adams) from Cumming, GA. I am a photographer/ videographer. I currently work in the commercial real estate industry shooting images and producing real estate videos for big industrial warehouses, retail spaces, office spaces and land. In 2020, I decided to pick up running for the first time, because there was nothing else to do; COVID shut everything down. I was feeling stressed and depressed due to my job at the time and gained a bunch of weight.
2024-05-0652 minHigh Impact Man PodcastEpisode 112- Ansal Adam the Big PictureWHERE I'M FROM:Name is Kaleb East (F3 Ansel Adams) from Cumming, GA. I am a photographer/ videographer. I currently work in the commercial real estate industry shooting images and producing real estate videos for big industrial warehouses, retail spaces, office spaces and land. In 2020, I decided to pick up running for the first time, because there was nothing else to do; COVID shut everything down. I was feeling stressed and depressed due to my job at the time and gained a bunch of weight.
2024-05-0654 minNevin & FredSeason 4, Episode 6: Live from Music City - Part 2On April 7, 2024, Nevin (Adams) & Fred (Reish) took their popular podcasting platform on the road to Nashville,
Tennessee, for a live version at the NAPA 401(k) Summit—in the middle of a solar eclipse!
In the second part of an expanded session, the prolific podcasting pair pointed to some takeaways from recent litigation trends including:
The importance of fiduciary training New Fiduciary Suits, TDF Demographics and a Prudent Process Primer |
National Association of Plan Advisors (napa-net.org)
The meaning of “meaningful benchmarks” Lack of ‘Meaningful Benchmark’ Bounces (Another) 401(k) Excessive Fee Suit | National Association of Plan Advis...
2024-05-0321 minNevin & FredSeason 4, Episode 5: Live from Music CityOn April 7, 2024, Nevin (Adams) & Fred (Reish) took their popular podcasting platform on the road to Nashville, Tennessee, for a live version at the NAPA 401(k) Summit—in the middle of a solar eclipse!
During an expanded session, the prolific podcasting pair pointed to some takeaways from recent litigation trends including:
Why it’s important to know/read your plan document
(forfeiture reallocation suits);
Why you may not need an investment policy statement (but should have an investment policy and an engaged committee);
How participant demographics could (should?) influence your target-date fund selection.
2024-05-0130 min
Be More Than A FiduciaryNevin Adams: Is Nevin Retired or Not?Before Nevin Adams had “retired”, he was the Chief of Content Officer for the American Retirement Association, where he is responsible for all marketing and communications for the organization, as well as its sister organizations, ASPPA, the American Society of Pension Professionals and Actuaries, the National Association of Plan Advisors (NAPA), the ASPPA College of Pension Actuaries (ACOPA), and the National Tax Sheltered Accounts Association (NTSA). He is still writing, speaking, and trying to help Americans have a successful and satisfying retirement just like his. In this episode, Eric and Nev...
2024-05-0131 minNevin & FredSeason 4, Episode 4: Could a Predominant PEPs Prediction Prove Positive?In a recent article on NAPA-Net, Fred Reish opined that PEPs—pooled employer plans—would come to dominate new plan adoption in the next five to 10 years. In this episode, Nevin (Adams) and Fred explore that possibility.
To make his case, Fred posed a counter-intuitive
argument, supposing that if we had started with a PEP architecture—one in which
most of the liability (and decisions and administrative work) was left to others—and holding forth an opinion that if we HAD started there, would plan sponsors have ever wanted to take on that “extra” work and liability.
Well, r...
2024-04-0329 min
401(k) Specialist PodcastPreviewing the 2024 NAPA 401(k) Summit with Nevin Adams and John SullivanThe workplace retirement plan industry’s premiere event is just days away, with top professionals set to descend upon Nashville April 7-9 for the 2024 NAPA 401(k) Summit.We get a preview of the big event from two of the key people in charge of putting it together in Nevin Adams and John Sullivan, the former and current Chief Content Officers for the American Retirement Association.In addition to highlighting some of the topics and key must-see sessions scheduled for the event, we’ll check in with Nevin about his “gradual retirement” and John about how he’s fit...
2024-03-1816 minNevin & FredSeason 4, Episode 3: More Proof Prudence Prevails in 401(k) LitigationSome recent suits – and federal court rulings – provide some timely reminders about the importance of a prudent process and following the plan document.
In this podcast episode, Nevin (Adams) & Fred (Reish) discuss the background, issues, and implications behind:
(1) Suits regarding reallocation of forfeitures - offsetting employer contributions: 401(k) Forfeiture Fiduciary Breach Suit Now Targets Tetra Tech | National Association
of Plan Advisors (napa-net.org)
(2) The importance of following the plan document: DOL Successfully Sues Employer for Misuse of Forfeitures | National Association of Plan Advisors (napa-net.org)
(3) Fiduciary defendants prevail in two separate (and ver...
2024-03-0532 min
Savvy With Faith TeopeExposure in Action Did you take a personal finance class during your school years? Do you feel confident about finances as a result? Probably not and you wouldn't be alone. In this episode we bring in former Head of Retirement Research, Nevin Adams, to expose the statistics with his perspective on why those classes do not work well, plus a clue as to what could be our game-changer for financial education.
2024-02-1422 minNevin & FredSeason 4, Episode 2: Glidepaths and “Guide” PathsAnother of the BlackRock TDF suits comes to a conclusion, the WSJ takes a peek at managed accounts—and Nevin and Fred ponder the implications for glidepaths.
To date only one of the dozen or so suits filed against plans that
had BlackRock’s LifePath TDFS have gotten past the motion to dismiss—suits that charged plan fiduciaries with “chasing low fees” and being inattentive to poor performance.
In this episode, Nevin & Fred discuss those outcomes, the issue of TDF glidepaths generally, and the possibilities—and complexities—with a managed account solution, and what
they should include t...
2024-02-0224 minNevin & FredSeason 4, Episode 1: Forfeit “Sures?”Late last year a Pasadena, California, law firm launched a
series of suits alleging that the use of forfeitures to offset employer contributions was a fiduciary breach. Nevin (Adams) and Fred (Reish) look at the issue(s) this raises.
“If this is the law, then that would be news to Congress
and the regulatory agencies, which have declared for decades that forfeitures can be used in this manner,” says a recent motion to dismiss a lawsuit alleging a fiduciary breach in offsetting employer contributions with forfeitures.
The motion to dismiss speaks to charges made in a suit...
2024-01-0929 minNevin & FredSeason 3, Episode 15: A New Fiduciary ProposalOn October 31, the Biden Administration rolled out its long-anticipated update to the fiduciary rule. While
it’s got a new name (the Retirement Security Rule), it builds on and extends the Labor Department’s reach by both focusing on the needs and perceptions of the retirement investor and eliminating the “regular basis” aspect of the so-called five-part test that has long
been an integral component of what was considered to define an ERISA fiduciary.
In the latest episode Nevin (Adams) and Fred (Reish) consider the historical framework of the ERISA fiduciary definition, how the proposed rule would alter that...
2023-11-2624 minNevin & FredSeason 3, Episode 14: Nevin & Fred Focus on ERISA 403(b)s – LitigationAt the 2023 NAPA/NTSA ERISA 403(b) conference, Nevin & Fred took the podcast LIVE to focus on the differences in SECURE 2.0 for 403(b) and 401(k) plans—with a special guest. And then the focus turned to
litigation. Since late 2016, nearly two dozen excessive fee lawsuits have been filed against major universities, raising many of the issues that had previously been raised regarding major 401(k) plans – but with some unique twists as well. That’s right, we closed out the 2023 NAPA/NTSA ERISA 403(b) conference with a live session joined by the inimitable Kelly Famiglietta and discussed:
Yale Prevails - and a f...
2023-11-2114 minNevin & FredSeason 3, Episode 13: Focus on ERISA 403(b)
At the 2023 NAPA/NTSA ERISA 403(b) conference, Nevin & Fred took the podcast LIVE to focus on the differences in SECURE 2.0 for 403(b) and 401(k) plans – with a special guest.
2023-11-0240 minNevin & FredSeason 3, Episode 12: DOL Makes Another Fiduciary ForayLate one recent Friday afternoon, the Department of Labor
dropped off a package that would redefine fiduciary investment advice under the Employee Retirement Income Security Act (ERISA). In this episode Nevin (Adams) and Fred
(Reish) explore the possibilities – the history and potential future – of this initiative.
Known officially as “Conflict of Interest in Investment
Advice,” according to a post on the Office of Management and Budget’s website, “this rulemaking would amend the regulatory definition of the term fiduciary...to more appropriately define when persons who render investment advice for a fee to employee benefit plans and IRAs are fidu...
2023-09-1931 minNevin & FredSeason 3, Episode 11: Hot Topics – Roth Relief, Fiduciary Filings, & Crypto Calls, Oh My!Summer may be winding down, but there’s been a LOT going on
in the retirement world. In this episode, Nevin (Adams) and Fred (Reish) run down the hot topics, and the implications behind these trends.
We’re talking about:
Breathing room from the IRS on mandatory Roth for higher
income catch-up contributions https://www.napa-net.org/news-info/daily-news/breaking-news-irs-grants-two-year-delay-roth-catch-requirements
A favorable court ruling for the Labor Department on its
compliance assistance release regarding cryptocurrency investments in defined contribution plans. https://www.napa-net.org/news-info/daily-news/401k-crypto-case-crumbles-federal-court
American Airlines pilot suit says he was invested in fun...
2023-09-1336 minNevin & FredSeason 3, Episode 10: Suits Strike Polarizing Positions on ESGAmidst a highly politicized environment, retirement plan
litigation focused on the inclusion of ESG (environmental, social & governance) factors – or the lack thereof.
Nevin (Adams) and Fred (Reish) examine the issue(s) and implications.
While the Biden Administration’s final rule on ESG
investments (more properly “prudence and loyalty in selecting plan investments”) seems to have landed pretty much where the Trump Administration’s final rule on ESG investments did (save for the reliance on the term “pecuniary”), the issue remains polarizing (almost as though people hadn’t actually read the final regulation), triggering a number of suits involving retirem...
2023-08-3027 minNevin & FredSeason 3, Episode 9 - Reenrollment: If At First You Don't "Succeed"There’s an old practice getting some new attention these days – “reenrollment." In this episode, Nevin and Fred take a look at the trend and its implications.
Let’s face it, just because circumstances weren’t right for joining the plan a year ago doesn’t mean they should be overlooked forever. Said another way, if at first you don’t “succeed” in enrolling them in the plan, this presents another opportunity to do so. The increase in participation rates proves the success.
2023-08-0227 minNevin & FredSeason 3, Episode 8 - Hot TopicsIt’s been a hot summer here – and there’s been so much going on lately that our brief recap wound up being a podcast episode unto itself.
In this episode Nevin (Adams) and Fred (Reish) discuss:
The jury trial outcome of the Yale University 403(b) excessive fee suit
New litigation – and legislation – regarding fiduciary issues with regard to healthcare
Latest updates on the BlackRock LifePath TDF suits where fiduciaries were accused of "chasing" low fees.
2023-07-1724 min
Lala Land with LexPalm Reading, Kylie Jenner's Cottage Core Era, and Ash's Radical Mormon Upbringing Ft. Ash AdamsMeet palm reader, MILF, and TikTok queen, Ash Adams. We get into the Titanic Submarine, Ash's radical Mormon upbringing, Kylie Jenner's cottage core era, and Ben Affleck's abs. This conversation flows all over the place in the best way. We finish it out talking about Ash's tips on healing her eating disorder. Follow Ash on TikTok: @ashieadamsFollow Lex on Instagram: @lexnevinShop Dressed in Lala: dressedinlala.com
2023-06-281h 41Nevin & FredSeason 3, Episode 7 - Managed Account-AbilityAccording to Cerulli’s “U.S. Managed Accounts 2022: The Future of
Personalized Portfolios,” assets in managed-accounts programs grew
nearly 24% in 2021, reaching a high of $10.7 trillion.
In this episode Nevin (Adams) & Fred (Reish) take a look at
the trends, the issues, and the considerations underlying managed
accounts.
Certainly these structures have proliferated in recent years, doubtless
driven in no small part by the development/adoption of these solutions
by advisory firms, though many advisors continue to see these as little
more than “expensive target-date funds.”
2023-06-0629 minNevin & FredSeason 3, Episode 6 - An "Obstacles" Course in Retirement IncomeThere’s little argument that retirement income solutions are a need –
but no real consensus that providing it is, or should be, a plan
sponsor’s responsibility. Nevin & Fred discuss what's (still)
standing in the way...
2023-05-1639 minNevin & FredSeason 3, Episode 5: Nevin & Fred Live and In Person – Part 2On April 3, the Nevin & Fred podcast went on the road to San Diego
for a live appearance in front of a standing room only crowd at the NAPA
401(k) Summit.
2023-04-2526 minNevin & FredSeason 3, Episode 4: Nevin & Fred Live and In Person – Part 1On April 3, the Nevin & Fred podcast went on the road to San Diego
for a live appearance in front of a standing room only crowd at the NAPA
401(k) Summit.
Along with their alliterative illustrations, Nevin (not Neville — Adams) & Fred (Reish) covered:
Their favorite provisions of SECURE 2.0 — why — and how it matters to you (and the coverage gap).
Why 2024 is just four months away.
The implications of when a plan is “established.”
The (potential) impact of the last SECURE 2.0 provision to take effect — and why you should be nice to your recordkeeper...
2023-04-1726 minNevin & FredSeason 3, Episode 4: Nevin & Fred Live and In Person - Part 1On April 3, the Nevin & Fred podcast went on the road to San Diego for a live appearance in front of a standing room only crowd at the NAPA 401(k) Summit.
2023-04-1726 minNevin & FredA Changing Recordkeeper ChecklistThere are few things more disruptive to the peace or clarity of a 401(k) plan than a switch in recordkeepers.
But—whether for good or ill—a change in recordkeepers is one of
those “choices” that plan fiduciaries are expected under ERISA to
evaluate as a prudent expert.
In this episode, Nevin & Fred cover the key factors.
2023-03-2724 minNevin & Fred“Plausible” Denials – New Twists & Turns in ERISA LitigationOver the past several months –following the United States Supreme Court’s decision in Hughes v. Northwestern University – a number of cases, notably the Oshkosh case—and those of CommonSpirit and TriHealth—have brought with them what appears to be a higher standard of “plausibility” in asserting claims that can get past the standard motion to dismiss.
In this episode Nevin & Fred take a look at the new litigation landscape for ERISA plans, as well as providing updates on a series of suits involving the BlackRock LifePath target-date funds, as well as a surprising decision regarding rollovers and the fiduci...
2023-03-0732 minNevin & FredUnfinished Business for SECURE 2.0?The SECURE 2.0 Act of 2022 was signed into law in the waning days of 2022. But there are some things that need fixing – and some things you may have overlooked. Nevin (Adams) and Fred (Reish) highlight five key areas calling for attention.
The short list of things covered in this episode:
Deleted legislative text that could undermine catch-up contributions
A typo(?) that could impact required minimum distribution (RMD) timing.
Required vesting on employee elected Roth treatment of employer contributions
Mandatory automatic enrollment on new plans – but not till 2025 – and with (potentially) rolling effective dates after that
Episode Resource...
2023-01-3129 minNevin & FredEven More SECURE...In the waning days of 2022, President Biden signed into law legislation that had moved through the House and the Senate on a strong bipartisan basis that greatly expands retirement savings opportunities for working Americans.
In this episode Nevin (Adams) & Fred (Reish) unpack some of the major provisions, and their implications for retirement.
Episode Resources
SECURE 2.0 Resource Page
As a top priority of the American Retirement Association, the SECURE 2.0 Act of 2022 was signed into law by President Biden on Dec. 29, 2022. The legislation, which was included in Division T of the Consolidated Appropriations Act, 2023 (H.R...
2023-01-0331 minNevin & Fred“May” Way? The New DOL ESG RegulationThe U.S. Department of Labor has unveiled its much-anticipated final ESG rule that it says will allow “plan fiduciaries to consider climate change and other environmental, social and governance factors when they select retirement investments and exercise shareholder rights, such as proxy voting.” The operative word for plan fiduciaries is MAY, not must consider ESG factors—a concern that had arisen in the wake of the proposed regulation previously issued.
Episode Resources
Fiduciaries May, But Not Must Consider ESG: DOL: https://www.napa-net.org/news-info/daily-news/breaking-news-fiduciaries-may-not-must-consider-esg-dol
Prudence and Loyalty in Selecting Plan In...
2022-12-0631 minNevin & FredTargeting Target Date Funds?A recent flurry of lawsuits has "targeted" holders of the BlackRock LifePath target-date funds and their decision(s) to select, and hold, on their investment menu. Ironically, the plan fiduciaries have been charged with "chasing low fees" with a disregard for the funds' performance - which the plaintiffs say was tracked against an inappropriate benchmark. In this episode, Nevin & Fred look at the issues raised by - and the issues involved in - this new round of ERISA litigation.
Episode Resources
Home Depot Hammers Back Excessive Fee Suit https://www.napa-net.org/news-info/daily-news/home-depot-hammers-back-excessive-fee-suit...
2022-10-2428 minNevin & Fred5 Dangerous Fiduciary AssumptionsThere’s an old saying that when you assume… well, that applies double (and then some) to ERISA plan fiduciaries. In this episode, Nevin (Adams) and Fred (Reish) discuss five – with reminders about how to avoid winding up in trouble.
Episode Resources
https://www.napa-net.org/news-info/daily-news/5-dangerous-fiduciary-assumptions
https://www.napa-net.org/news-info/daily-news/5-things-your-plan-committee-members-need-know
https://www.napa-net.org/news-info/daily-news/5-plan-committee-missteps
2022-09-2129 minNevin & FredPTE 2020-02: What to do When You Didn’t do What You Were Supposed to Do.With the written best interest documentation requirement now in place (as of July 1), and with some evidence that some advisors might not have focused on that deadline (or a series of others that took effect in February), in this episode Nevin (Adams) & Fred (Reish) look at some new ways to “fix” non-compliance issues.
Episode Resources
Best Interest Standard of Care for Advisors #93: Correction of Failures to Satisfy PTE 2020-02 https://fredreish.com/best-interest-standard-of-care-for-advisors-93/
IRS Pilots Pre-examination Retirement Plan Compliance Program https://www.asppa-net.org/news/irs-pilots-pre-examination-retirement-plan-compliance-program
Morningstar Urges DOL to Revisit TDF Gu...
2022-07-2634 min
Nevin & FredEARN, RISE & SHINE, Auto-Portability & the Way(s) ForwardThere’s a lot going on in Washington – big movements in the Senate and in the House – and bipartisan. So, what’s in those bills? Nevin (Adams) and Fred (Reish) take a look.
Episode Resources
The Path(s) of Least Resistance https://www.napa-net.org/news-info/daily-news/paths-least-resistance
Bipartisan Bill Backs Auto-Portability https://www.napa-net.org/news-info/daily-news/bipartisan-bill-backs-auto-portability
It’s Unanimous! EARN Passed by Senate Committee 28-0 https://www.napa-net.org/news-info/daily-news/its-unanimous-earn-passed-senate-committee-28-0
Senate HELP Committee Approves RISE & SHINE Act https://www.napa-net.org/news-info/daily-news/senate-help-comm...
2022-07-0528 minNevin & FredNew Role(s) With RolloversThe Labor Department’s expanded definition of fiduciary advice is described in the preamble to PTE 2020-02. The PTE then provides relief for conflicted non-discretionary recommendations (for example, rollover recommendations), IF its conditions are satisfied.
In this episode Nevin & Fred discuss the new parameters, how they’re applied, the conditions that might (and might not) be sufficient to warrant rolling money out of a qualified plan and into an IRA – and the “new” requirement that the justification as to why that move is in the interests of the plan participant – and be in writing, effective July 1.
Episode Re...
2022-06-0729 minNevin & Fred7 Things ERISA Fiduciaries Should KnowWhen it comes to workplace retirement plans, there are three kinds of people: people who are ERISA fiduciaries and know it, people who aren’t ERISA fiduciaries and know it, and people who are ERISA fiduciaries and don’t know it.
If you’re in the first or last category — well, in this episode Nevin & Fred discuss seven things that every ERISA plan fiduciary should know.
Episode Resources
https://www.napa-net.org/news-info/daily-news/7-things-every-erisa-fiduciary-should-know
2022-05-1938 minNevin & FredNevin & Fred: LIVE! Part TwoIn Part 2 of their “live” podcast from the NAPA 401(k) Summit, Nevin & Fred discuss ESG (and “material risk and return factors”), tie-breakers, designated investment alternatives, “extreme caution” & cryptocurrency within self-directed brokerage accounts (and beyond) – and Fred’s favorite ERISA case…
Episode Resources
DOL Issues Big Caution on Crypto https://www.napa-net.org/news-info/daily-news/dol-issues-big-caution-crypto
A Thumb on the Scale(s)? https://www.napa-net.org/news-info/daily-news/thumb-scales
Cold Water Thrown on Need for New Brokerage Window Guidance https://www.napa-net.org/news-info/daily-news/%E2%80%8Bcold-water-thrown-need-new-brokerage-window-guidance
Fred’s favorite case: https://www.napa...
2022-04-1924 minNevin & FredNevin & Fred: LIVE! Part OneNevin & Fred take their podcasting on the road for a Live session at the 2022 NAPA 401(k) Summit!
Episode Resources
SCOTUS Gives Excessive Fee Suit Plaintiffs Another Shot: https://www.napa-net.org/news-info/daily-news/scotus-gives-excessive-fee-suit-plaintiffs-another-shot
Hughes v. Northwestern University et al., case number 19-1401, in the Supreme Court of the United States: https://www.napa-net.org/sites/napa-net.org/files/19-1401_m6io.pdf
SCOTUS Ponders Excessive Fee Case: https://www.napa-net.org/news-info/daily-news/scotus-ponders-excessive-fee-case
Nevin's Column that was cited by the DOL: https://plansponsorinstitute.blogspot.com/2009/02/winning-ways.html
2022-04-1227 min
401(k) Specialist PodcastLaurel TaylorStudent loan debt is a big problem that’s getting bigger, affecting multiple aspects of an employee’s financial life, retirement savings being just one. Laurel Taylor is doing something about it. The MIT grad and CEO of innovative fintech firm FutureFuel.io are out to CRUSH student debt in the workplace and beyond.Taylor joins us to discuss the scope of the problem, if it’s getting better or worse and how advisors can help. We also somehow drag the American Retirement Association’s Nevin Adams into all of it.
2022-03-2813 min
Nevin & FredAlternative Investment AlternativesA hot topic of conversation of late has been crypto currency – and just as it seemed to be making some inroads on some 401(k) platforms, the Labor Department jumped in with something called a Compliance Assistance Release that should certainly give pause to plan fiduciaries. That follows a bit of a clarification on a stance it issued on the appropriateness of private equity in defined contribution plans in 2020 which, in turn follows a new proposal on ESG, and some commentary on self-directed brokerage accounts (SDBAs).
All that means that there is the potential for a bit of “flux”...
2022-03-2335 min
Nevin & FredSCOTUS Takes on Excessive Fee SuitIn their first episode of 2022, Nevin & Fred look at a new Supreme Court ruling likely to make it harder—perhaps much harder—to dismiss excessive fee lawsuits, the U.S. Supreme Court has remanded for further consideration a lower court decision that the law firm of Schlichter Bogard & Denton had argued had a “chilling effect” on excessive fee litigation.
What happens next? Check it out...
Episode Resources
SCOTUS Gives Excessive Fee Suit Plaintiffs Another Shot: https://www.napa-net.org/news-info/daily-news/scotus-gives-excessive-fee-suit-plaintiffs-another-shot
Hughes v. Northwestern University et al., case number 19-1401, in the Su...
2022-01-2627 minNevin & Fred2022 Preview: Game Changers or Much Ado About Not Much?In this episode, the dynamic duo of Nevin & Fred take a look (ahead) at the prospects for the fiduciary rule (3.0), ESG, PEPs, Retirement Income (and income projections), industry consolidation & legislative outlook for 2022.
Episode Resources
Fred’s Fiduciary Rule blog: https://fredreish.com/
DOL Delays Enforcement of Fiduciary Investment Advice Exemption: https://www.napa-net.org/news-info/daily-news/dol-delays-enforcement-fiduciary-investment-advice-exemption-0
DOL Proposal Would Reverse Trump ESG, Proxy Voting Rules: https://www.napa-net.org/news-info/daily-news/dol-proposal-would-reverse-trump-esg-proxy-voting-rules
Resource Page on MEPs, PEPs, ad PPPs: https://www.napa-net.org/news-info/daily-news/resource-page-meps-peps-and-ppps-launches
Ar...
2021-12-0737 minNevin & FredEpisode 7 - ESG – What’s Now and What’s Next?Environmental, social and governance (ESG)-focused investing is of increasing interest to investors, plan sponsors and…regulators. In this episode, Nevin & Fred focus on where things stand, what’s changed (and what hasn’t), and what plan fiduciaries/plan advisors should consider doing…now.
Episode Resources
Three ‘Scary’ Things That Give Plan Sponsors Chills: https://www.napa-net.org/news-info/daily-news/three-scary-things-give-plan-sponsors-chills
DOL Proposal Would Reverse Trump ESG, Proxy Voting Rules: https://www.napa-net.org/news-info/daily-news/dol-proposal-would-reverse-trump-esg-proxy-voting-rules
The DOL Proposal: Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights
ESG Inv...
2021-11-0924 min
Retireholics - 401k Plan Industry Show for AdvisorsNevin & Fred have a podcast!Fred Reish and Nevin Adams talk to us a bit about their podcast (which is great by the way). We also discuss the breaking news in the 401k retirement plan space.
2021-10-081h 00Nevin & FredEpisode 6 - Five Missteps that Plan Committees Make (and How You Can Avoid Them)Being a plan fiduciary is a tough job—and one that, it’s probably fair to say—is underappreciated, if not undercompensated.
This week Nevin and Fred focus on five key missteps that plan committees make - and the best practices that can help keep you out of trouble.
Episode Resources
5 Plan Committee Missteps
Loving the podcast? Leave us a review!
Want to suggest an idea for our next podcast? Visit NevinandFred.com to shoot us a note or DM us on Twitter, Instagram or Facebook.
Follow us on Twitter...
2021-09-2832 minNevin & FredEpisode 5 - Limiting Fiduciary LiabilityYour plan might be an excessive fee litigation target if...join Nevin Adams and Fred Reish for the latest installment of Nevin & Fred.
Nevin & Fred discuss the recent Aon survey on "what drives fiduciary liability", and give you their perspectives on the key takeaways.
Episode Resources
Aon: What Drives Fiduciary Liability: https://insights-north-america.aon.com/investment/aon-what-drives-fiduciary-liability-whitepaper
Your Plan Might be an Excessive Fee Litigation Target if...: https://www.napa-net.org/news-info/daily-news/your-plan-might-be-excessive-fee-litigation-target-if%E2%80%A6
Limiting Fiduciary Liability (Costs): https://www.napa-net.org/news-info/daily-news/limiting-fiduciary-liability-costs
2021-08-2333 minNevin & FredEpisode 4: Hacking Your RetirementCybersecurity is a hot topic these days, with a new ransomware attack or data breach in the news nearly everyday. In this episode, Nevin & Fred talk about DOL's recommended best practices and the best ways to protect your retirement savings from cyber hacks.
Episode Resources:
DOL Investigation Questions: https://nevinandfred.com/
DOL Unveils Cybersecurity Guidance for Recordkeepers, Fiduciaries: https://www.napa-net.org/news-info/daily-news/dol-unveils-cybersecurity-guidance-recordkeepers-fiduciaries
DOL Reportedly Begins Cybersecurity Plan Audits: https://www.napa-net.org/news-info/daily-news/dol-reportedly-begins-cybersecurity-plan-audits
EBSA Online Security Tips: https://www.dol.gov/sites/dolgov/files/eb...
2021-07-2034 min
Business Excellence - TOP 5 SeriesIn Conversation - Graham Harvey - Service Excellence“Great customer experience is a combination of everything that your customer sees, hears smell, taste, touches, and then the biggie is how they emotionally connect with you, your people, your product and your services.” “In order for us to experience anything, the only way we can do that is via our six senses, I could stand next to you at the edge of the ocean and explain to you for an hour what it's like to swim in the ocean. Ultimately, the only way you know what it's gonna be like to swim in the ocean is...
2021-06-2428 minNevin & FredEpisode 3 - Committeed RelationshipsIt's been said that a committee is a group that keeps minutes and loses hours, but they are an essential element in assuring prudent retirement plan operation and administration. In this episode we cover the who, what, how and how much of retirement plan committees - with some best practices and some things to avoid thrown in for good measure.
Follow us on Instagram: @nevinfredpodcast
Follow us on Facebook: @NevinAndFredPodcast
Episode Resources:
Retirement Plan Committees (PSCA Survey): https://www.psca.org/research/snapshot-surveys/2021/committees
NYU Excessive Fee Suit Gets Failing Gra...
2021-06-1829 min
The Fiduciary U™ PodcastEp #18: Navigating the Rapidly Evolving Retirement Landscape with Nevin AdamsOur guest today is Nevin Adams, the Chief Content Officer for the American Retirement Association, where he is responsible for all marketing and communicating for the organization. Nevin is one of the most well-respected and thoughtful industry commentators within the retirement space, and I am thrilled to have him on the show. In this episode, we discuss the current ERISA litigation environment and what this means for the future. Listen in to learn about the potential impact of a financial transactions tax and student loan debt, as well as the possibility of capping deductibility of retirement c...
2021-06-1457 min
Straight Outta Cobham: The Athletic FC's Chelsea showPat Nevin - The Accidental FootballerWhat's that? You're still basking in the glory of Chelsea's Champions League triumph and want a bonus Straight Outta Cobham with Blues legend Pat Nevin?Oh, go on then...Pat joins Matt Davies-Adams to reflect on his remarkable career on and off the pitch following the release of his autobiography - The Accidental Footballer. Hosted on Acast. See acast.com/privacy for more information.
2021-06-0754 min
The Totally Football Show with James RichardsonIn conversation with Pat NevinMatt Davies Adams talks to Chelsea and Scotland legend Pat Nevin about his remarkable career on and off the pitch. Pat's autobiography The Accidental Footballer is out in print and audiobook now. It's very good indeed - and we're not just saying that because Pat's one of our Totally pod squad - so get it here Hosted on Acast. See acast.com/privacy for more information.
2021-06-0136 minNevin & FredEpisode 2 - Scrutinizing SECURE 2.0Building on a wide-ranging series of retirement plan design enhancements introduced by the Setting Every Community Up For Retirement Enhancement (SECURE) Act of 2019 (hence, SECURE 2.0), Chairman of the House Ways & Means Committee Richie Neal (D-Ma) and Ranking Member Kevin Brady (R-TX) have now introduced a sequel of sorts. Dubbed "SECURE 2.0", the Securing a Strong Retirement Act of 2021 has been introduced and passed the U.S. House Ways & Means Committee, and is now headed for consideration by the full U.S. House of Representatives. Nevin Adams and Fred Reish take a look at five key provisions, their implications for retirement...
2021-05-2131 min
Retireholics - 401k Plan Industry Show for AdvisorsJohn Faustino - Head of Fi360SECURE 2.0, the current state of TDFs? Advisors and Fund Review Best Practices
The concept of teaching training for Plan Sponsors AKA- Fiduciary Essentials for Defined Contribution Plans.
Nevin Adams article about Congress and TDFs. https://www.napa-net.org/news-info/daily-news/are-target-date-funds-target
2021-05-151h 03
Revamping RetirementEpisode 27: Debunking Retirement Myths with Nevin AdamsIn episode 27 of Revamping Retirement, Mike Webb is joined by Nevin Adams, chief content officer of the American Retirement Association (ARA). In addition to curating content, Adams serves as a prolific author of ARA's publications. Adams has gained notoriety for correcting many of the common retirement misconceptions perpetuated by the media—an area of increasing concern as social media recirculation ramps up. Tune in to hear more about retirement myths and other key issues, such as coverage availability, state run auto IRAs, and automatic enrollment.
2021-04-2721 min
Nevin & FredEpisode 1 - Unpacking the Fiduciary RuleJoin Nevin Adams & Fred Reish for the inaugural episode of "Nevin & Fred: Fresh & Best Perspectives."
Technically, it’s not a “rule”—but after years of debate, hearings, comments, litigation and preparation, there are some new rules regarding investment advice—and some help for retirement plan advisors. Nevin Adams and Fred Reish take a look at the implications. And have some fun doing it.
Episode Resources:
DOL PTE 2020-02: https://www.govinfo.gov/content/pkg/FR-2020-12-18/pdf/2020-27825.pdf
The DOL’s Prohibited Transaction Exemption 2020-02 provide relief from prohibited compensation resulting from...
2021-04-2028 min
401(k) Specialist PodcastNevin AdamsWe needed a clear thinker with a comprehensive view to help us close out a complicated year. The choice was unanimous, “Nevin.”Nevin Adams, Chief Content Officer and Head of Retirement Research at the American Retirement Association, gives us his take on the big retirement story of 2020, how retirement plans helped ordinary Americans in a time of crisis, and what to watch for in the weeks and months ahead.
2020-12-2812 min
401(k) RoundtablePolitics, The Election & 401(k) Plans: 2020 EditionTis the season for talk about elections and boy do we have that today. To lend some muscle to the conversation I have Nevin Adams with the American Retirement Association. We start at the top of the ticket as they say and discuss how who sits in the White House could impact retirement policy going forward, we hit on what that would mean to the priorities and focus of various government agencies, then we move to congress as a whole and hit on how influential races and committee leadership roles influence things. Finally, as we recorded this prior to...
2020-09-251h 13401(k) RoundtablePolitics, The Election & 401(k) Plans: 2020 EditionTis the season for talk about elections and boy do we have that today. To lend some muscle to the conversation I have Nevin Adams with the American Retirement Association. We start at the top of the ticket as they say and discuss how who sits in the White House could impact retirement policy going forward, we hit on what that would mean to the priorities and focus of various government agencies, then we move to congress as a whole and hit on how influential races and committee leadership roles influence things. Finally, as we recorded this prior to...
2020-09-251h 13
Up North Journal PodcastTalking with Nevin's Hunting FriendsThe guys talk with Dan and Nevin Burns of Nevin's Hunting Friends about how they got started helping special needs children get out to enjoy the outdoors. How they got started How the organization works How you can help Mike and Danny unwrap their new PSE gear for the 2020 season.
2020-07-1353 min
Sanj Surati TalksSanj Surati Talks: Episode 4 - BethziennaSanj Surati Talks Episode 04Bethzienna WilliamsDate: Friday 24th April 2020This is the forth episode of the Sanj Surati Talks podcast and features the actor, singer and writer Bethzienna Williams and was recorded on Friday 24th April 2020 during the Corona Virus Lockdown. #sanjsuratitalks@sanjsuratiBethzienna’s Instagram is www.instagram.com/bethziennaBethzienna’s current PR agent is All about Promotions who can be contacted via: http://www.allaboutpromo.comWhat we spoke about: Harmonising as a warm upDigital Democracy Deepak Chopr...
2020-04-2950 minRetireholics - 401k Plan Industry Show for AdvisorsSheltering In Place - Guest: Nevin AdamsNevin Adams joined us to discuss some of the latest emergency details of the CARES Act, and the provisions the ARA wants plan sponsors and participants to know about.
2020-04-1147 min
CGP GreyDeath & DynastiesDiscuss this video: http://reddit.com/r/cgpgrey Get a Che Greyvara shirt: https://store.dftba.com/products/che-... Get 'The Dictator's Handbook': http://amzn.to/2fgBWps Special Thanks: Bruce Bueno de Mesquita & Alastair Smith & Jason Snell (https://sixcolors.com/) for an emergency microphone loan & Mark Govea, Thomas J Miller Jr MD, dedla , Robert Kunz, John Buchan, Ripta Pasay, Saki Comandao, Andres Villacres, Christian Cooper, Michael Little, PervertedThomas , Nevin Spoljaric, سليمان العقل, Tony DiLascio, Richard Jenkins, Chris Chapin, Faust Fairbrook, Jason Lewandowski, Michael Mrozek, Jordan LeDoux, Chris Woodall, rictic...
2016-11-0705 min