Articles

Kidder Benefits Consultants Agrees to Sell Its Stock to Newport Group

Kidder Benefits Consultants, Inc. (KBC) and Newport Group, Inc. (Newport Group) announced today that they have entered into an agreement in which the shareholders of KBC will sell their stock to Newport Group.

New Hardship Rules, Other Statutory Changes Reflected in Newly Proposed 401(k) Regulations

The Treasury Department has issued proposed regulations that provide guidance on changes to the hardship distribution rules made by the Bipartisan Budget Act of 2018 ("BBA"). 

Meet the Team

Newport Group’s Directors of Non-Qualified Client Services

Advisor Best Practices: Providing Fiduciary Education to Plan Sponsors

Many employers rely on a financial professionals to help select and monitor investment options for the retirement plan they offer to their employees. But being an advisor allows you to offer more than investment expertise and benchmarking support. You can also provide valuable assistance to your plan sponsor clients by educating them about their fiduciary responsibilities.
 

Long-Term Performance of General Account BOLI

Newport Group recently conducted a study of General Account BOLI policies to see how they performed versus comparable bank-eligible options. Find out how these BOLI policies fared.
 

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Newport Group, Inc. (“NGI”), an Ascensus Company, and its affiliates provide recordkeeping, plan administration, trust and custody, consulting, fiduciary consulting, insurance and brokerage services.

Securities are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Other insurance products may be offered by NGI. For more information, please visit - www.ascensus.com

Investment Advisory and fiduciary consulting services are offered through Newport Group Consulting, LLC, an SEC registered investment adviser and subsidiary of NGI. For more information about Newport Group Consulting and its services, please visit newportgroup.com or refer to our Form ADV Part 2, which is available by contacting us at 407-333-2905 or adviserinfo.sec.gov.

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

The views expressed herein are those of NGI and are current only through the date indicated. These views are subject to change at any time based upon market or other conditions, and NGI disclaims any responsibility to revise these materials to reflect updated views. These views may not be relied upon as investment advice and, because investment decisions for NGI are based on many factors, may not be relied upon as an indication of trading intent.