Articles

Add Value by Helping Plan Sponsors Develop a Fiduciary Calendar

Advisors can add value to their retirement plan support services by helping plan sponsors develop a strategy for satisfying their fiduciary duties under ERISA. Here's how to educate your plan sponsor clients about the importance of setting a schedule to complete fiduciary tasks, create a list of topics to address, and whom to invite to their meetings. 

BOLI Market Update

The COVID Economy has created a challenging earnings environment for banks.  Persistent low interest rates and high bank liquidity have caused many banks to look to bank-owned life insurance (BOLI) as an efficient and effective way to generate earnings. In this update, Newport shares the latest developments impacting the BOLI market.

Sneak Peek: A Preview of Our 2021-2022 Compensation, Retirement and Benefits Trends Survey

Each year, Newport’s Compensation Consulting team surveys employers across the country to gather data on the current state of compensation, retirement and benefit programs. The result is our annual Compensation, Retirement and Benefits Trends Report.
 

Looking for Ways to Help Prepare Your Employees for Retirement?

There’s a new type of 401(k) that can provide your employees with the kinds of benefits typically only found in the retirement plans of the nation’s largest companies. It’s called a pooled employer plan (PEP), and in addition to helping your employees, it can also save your organization time and money.
 

How You Can Help Secure Retirement Plan Data

Newport understands how important data security is to your business and ours. October is “Cybersecurity Awareness Month,” a good opportunity to share some of the resources we have available that can help you protect your retirement plan data.
 

Have Your Clients Considered a PEP Yet?

Have your plan sponsor clients asked you whether they should be considering a Pooled Employer Plan (PEP)? If you don’t offer your own Pooled Employer Plan (PEP), you can find out about the key benefits of the Newport Secure Retirement PEP and how it may be an appropriate retirement solution to offer your clients.
 

A Preview for Financial Advisors of Our Upcoming CRB Trends Report

Remote work and flexible work arrangements, wellness programs and financial education were among the top trends observed across industry reports, including Newport’s annual Compensation, Retirement and Benefits Trends Report. Check out a preview here.
 

Legislative Update: More Changes May be Coming for Retirement Plans

The SECURE Act, passed into law during the last few days of 2019, was designed to make retirement plans more accessible to employees and less cumbersome for employers to sponsor and administer. The full impact of many of these changes has yet to be measured, but legislators are forging ahead with more proposals intended to help American workers’ save for retirement. 

Compensating a Remote Workforce

The global pandemic has enabled employees across industries to become adept at virtual collaboration. Technology has transformed meetings where co-workers, colleagues and clients have become familiar online faces. Many organizations are now considering maintaining this model into the near future, but a common question is how to factor in location to determine employee pay.
 

New Product News 

Get the latest new products and services from Newport, including payroll notification enhancements, our Financial Wellness Sponsor Insights Report, and more.

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Newport Group, Inc. and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services. 

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, a registered investment adviser. Securities are offered through Newport Group Securities, Inc., a dually-registered investment advisor and broker dealer, member FINRA. Securities in California are offered through Newport Securities Insurance Services. For more information about Newport Group Consulting and its services, Newport Group Securities, Inc. or Newport Securities Insurance Services and services offered, please refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905, visit our website at www.newportgroup.com, or advisorinfo.sec.gov.  

Newport Trust Company is a New Hampshire state-chartered trust company Newport Trust Company provides independent fiduciary and trustee services for employee benefit plans.

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