If you’re a plan sponsor, you probably know that most workers are not saving enough for retirement. Only 21 percent of workers in America are very confident they will have enough money to live comfortably throughout retirement! 1 Next week is America Saves Week, and is a great time to find ways to help. Read more
Arnerich Massena has recently been awarded with an Attestation of Competency (certification) of NIST compliance, a status indicating that the firm meets the highest standards of data and technology security. The requirements for NIST certification are extremely stringent, and we are proud to be able to showcase the security work that our technology team has done.
David Vaughan, the firm’s director of technology, answers a few questions below about what NIST certification is and what it means for our clients. Read more
At Arnerich Massena, we are proud that we have always been ahead of the curve on this issue, acknowledging fiduciary status and offering independent, unbiased advice to retirement plans.
The Department of Labor’s fiduciary rule, finalized in April of 2016, was set to go into effect in April 2017, with some regulations effective January 1, 2018. But a Presidential Memorandum issued on February 3, 2017 may delay or even halt the regulation. The memorandum directs the Department of Labor to conduct a comprehensive analysis of the impact of the rule. If the “updated economic and legal analysis” determines that the rule is likely to harm investors or adversely affect Americans’ ability to gain access to financial advice, the DOL is instructed to publish for notice and comment a proposed rule rescinding or revising the fiduciary rule. The memorandum does not explicitly order a delay in the rule’s implementation, but it’s very possible that the review and analysis may require a delay. Read more
“More than ever, solving challenging issues requires honest and active collaboration,” states the welcome letter of the Winter Innovation Summit, sponsored by the Sorenson Impact Center and attended this year by Ryland Moore, director of business development. This event focuses on how the public, nonprofit, and private sectors can effect change together. Attended by thought leaders and policymakers from corporations, nonprofits, and academia, the event features discussions on topics ranging from criminal justice reform to the environment. Read more