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Insights and Information from Newport Experts
During this challenging economic landscape, Bank Owned Life Insurance (BOLI) remains an asset banks should consider due to the consistent income produced by BOLI policies through high credit quality insurance companies.
Plan Administrators, Inc. (PAi) and Newport Group, Inc. (Newport) have announced that Newport will acquire PAi and its affiliate PAi Trust Company, Inc. (PAi Trust).
Plan Sponsor and Advisor Webinar June 9, 2020
The coronavirus pandemic has caused many workers economic hardships, fear and uncertainty, making it even tougher for employers to engage employees in saving and planning for their future retirement.
What’s new at Newport? We’re keeping you informed each quarter of our latest products and services.
The coronavirus pandemic has had a huge impact on businesses nationwide. Newport’s Compensation Consulting team has been monitoring the impact on compensation programs and has developed some innovative strategies to enable companies to move forward and operate in the “new normal.”
Many small- and mid-sized employers have faced significant challenges when it comes to offering a retirement plan to their employees. With the passage of the SECURE Act in 2019, Pooled Employer Plans (PEPs), a type of Multiple Employer Plan (MEP), has become a new option for these employers.
Stable value strategies are investment options that primarily seek to preserve capital and whose return is based on a pre-determined crediting rate. We have developed this primer to expand the dialogue and provide new investment committee members with a strong foundation from which to select and monitor stable value strategies.
The trend of commercial database breaches involving the disclosure of personally identifiable information (PII) does not appear to be slowing down. As a retirement plan sponsor and fiduciary, there are steps you should take to mitigate the risk of fraud from occurring within your plan.
Advisor Webinar July 22, 2020
Plan Sponsor and Advisor Webinar May 29, 2020
“As a nation we have work to do to realize Dr. King’s dream…. Newport can’t change the world alone. But as we continue to help participants secure their financial future, we pledge to do better. We commit to doing the work.” Part of a message CEO Greg Tschider shared with all Newport employees earlier today.
Newport announced that it has entered into an agreement with Huntington National Bank to assume its retirement recordkeeping and administration business. Huntington will continue to serve as plan advisor for its retirement plan services clients.
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