NASHVILLE – As he opened the NAPA 401(k) Summit Sunday afternoon, NAPA executive director and American Retirement Association CEO Brian Graff started with a then-and-now comparison: “At the first 401(k) Summit, I said ‘Now we have to recognize that the 401(k) is America’s retirement plan.’”
Now, at the 15th annual 401(k) Summit, Graff said, “We have to recognize that the Department of Labor is America’s sheriff.’”
His state-of-the-industry address to NAPA members centered on the one thing that has compelled the attention of the retirement industry for over five years now: the DOL fiduciary rule.
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