Retirement Advisor Council Elects Executive Board Members Troy Redstone, Sharon Schmid, and Eric Garofalo

East Granby, CT - The members of the Retirement Advisor Council have elected Troy Redstone, Sharon Schmid, QPFC , and Eric Garofalo to its Executive Board. Troy Redstone, AIF®, CFEI®, CBFA®,  CPFA® Principal, PHD. Retirement Consulting1, will represent the Advisor College. Sharon Schmid, Senior Vice President, Retirement Plans Consultant, Robert W. Baird & Co. Incorporated2, will represent the Practice Leader College. Eric Garofalo, Senior Relationship Manager, Firm Relations, Principal Financial Group3, will represent the Service Provider College.

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Retirement Advisor Council Requests 266-Day Delay of Regulation Defining “Fiduciary” Under ERISA

East Granby, CT – Comments the Council submitted today to the U.S. Department of Labor regarding the proposed rule extending the applicability date of the regulation defining who is a “fiduciary” under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code of 1986, the Council requested a 266-day delay of implementation to the first business day following January 1, 2018, and a 120-day extension to August 8, 2017 of the period to provide additional comments..

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Jenny Yun Hunter, CRPS, joins the Retirement Advisor Council effective January 2017

East Granby, CT – The Retirement Advisor Council announced today that Merrill Lynch Financial Advisor, Jenny Yun Hunter has joined the Retirement Advisor Council after being nominated for a seat in November 2016. The Retirement Advisor Council is a national organization that advocates for successful qualified plan and participant retirement outcomes through the collaborative efforts of experienced, qualified retirement plan advisors, investment managers and defined contribution plan service providers.

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Retirement Advisor Council Submits Comments to the Department of Labor on Information Collection Initiative Regarding 408(b)(2) Disclosure Guide Regulation

East Granby, CT – May 12, 2014 - The Retirement Advisor Council submitted comments on an information collection initiative by the Department of Labor (DOL) to provide Input into a regulation mandating a 408(b)(2) disclosure guide. In its comments to the DOL, the Council advocates for an expansion of the initiative including one-on-one interviews with Professional Retirement Plan Advisors who are the ultimate guides on which sponsors rely to examine disclosures, to provide the necessary explanations, to explain how facts and circumstances of their plan impacts services and cost, and to answer baseline and technical questions. The Department initially proposed to limit its observation to fiduciaries of plans with fewer than 100 participants.

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Retirement Plan Advisor Gregory A. Hobson, AIF®, Joins the Retirement Advisor Council

East Granby, CT – April 21, 2014 Gregory A. Hobson, AIF® has joined the Retirement Advisor Council effective January 1, 2014.

As First Vice President - Financial Advisor and a member of the Dyer Kroneberger & Hobson Group at RBC Wealth Management in Hunt Valley, Maryland, Mr. Hobson has dedicated 18 years to the retirement planning industry, providing plan design consulting, investment selection and performance monitoring and provider management services to 401(k), 403(b), 457(b) and defined benefit programs. The Dyer Kroneberger & Hobson Group serves 40 retirement plan clients with 10,000 plan participants and approximately $400 million in plan assets.

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Retirement Plan Advisor Michele A Casey, CRPS Joins The Retirement Advisor Council

East Granby, CT – April 21, 2014 Michele A. Casey, CRPS, financial advisor has joined the Retirement Advisor Council effective January 1, 2014.

As Executive Benefits Director and Corporate Retirement Director for the Casey Retirement Group at Morgan Stanley/Reno NV, Ms. Casey has dedicated 16 years to the retirement planning industry. The Casey Retirement Group serves 401(k), 403(b), 457(b), 457(f), 409(a), defined benefit and cash balance plans for 27 clients, with 15,000 plan participants and $250 million in plan assets.

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