I’m sure it’s true to one extent or another in every industry…

a lot goes on ‘behind the scenes’ for the betterment of clients, consumers, and investors of which these same groups are rarely aware. Recently, I had the privilege of participating in one such endeavor.

As part of an effort initiated and organized by the American Society of Pension Professionals and Actuaries (ASPPA) — the leading professional society of 401(k) plan administrators — I traveled to Washington, DC to participate in their annual conference concerning legislation and industry practices. A major topic of heated discussion was the new proposed legislation attacking 401(k) plans. In total, more than 2,000 retirement industry professionals were in attendance. (more…)