ASPPA Launches Association Focused on Plan Advisers

NAPA is structured as a professional society exclusively focused on advisers serving employer-sponsored retirement plans. Advisers will benefit from advocacy, business intelligence, and networking designed to help them succeed and stay abreast of emerging industry trends and best practices, the announcement said.

“First and foremost, NAPA is about advocacy. Unfortunately Washington policymakers underestimate the role plan advisers play in the retirement industry. The recent debates over uniform fiduciary standards, fee disclosure, and the definition of investment advice under ERISA are examples of current issues in play here in DC. Given our economic uncertainty and the debate over the future of 401(k) plans, there has never been a more important time for retirement plan advisors to provide a unified and strong voice on these issues,” said Brian Graff, Executive Director and CEO of ASPPA.

Besides advocacy, NAPA members will have access to Webcasts, newsletters, government affairs briefing calls, industry expertise for their practice and clients, and registration discounts for the annual conference for advisers—The ASPPA 401(k) SUMMIT.

“Any advisor who provides investment advice or consulting to retirement plans should consider membership with NAPA. Brokers, RIAs, product vendors, recordkeepers, and even attorneys will benefit from joining. This is your way to stay close to the debate—get involved and make your voice heard. Think of NAPA as a source for business intelligence you can’t get anywhere else,” said Marcy L. Supovitz, NAPA President and Principal of Boulay Donnelly & Supovitz Consulting Group, Inc.

For more information on NAPA visit www.asppa.org/napa