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Plantiffs on the suit include Betty Lou Ward, NACo president and Wake County, N.
CNN: U.S. counties lodge class-action suit over Internet taxation
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The high fees associated with the variable annuity reduce the net rate of return received by participants in the Plan, but also enable Nationwide to pay NACo the endorsement fee.
FORBES: SEC Snoozed As "Shadow Marketers" Skimmed Billions From Retirement Plans
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Again, NACo is not registered as an investment adviser.
FORBES: SEC Snoozed As "Shadow Marketers" Skimmed Billions From Retirement Plans
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NACo shares the payments with 42 state affiliates.
FORBES: SEC Snoozed As "Shadow Marketers" Skimmed Billions From Retirement Plans
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Now that the NACo matter is in the courts, hopefully the SEC, which has publicly stated it is now focusing on retirement plans, will take action and shut down the marketing of investments through undisclosed, unlicensed, unregistered investment advisors and representatives.
FORBES: SEC Snoozed As "Shadow Marketers" Skimmed Billions From Retirement Plans
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G2G Cloud Solutions is working in partnership with the National Association of Counties (NACo) to expand shared services and hosted applications on a national scale, offering technology solutions to other governments at a cost that is significantly lower than other options.
WHITEHOUSE: Driving Innovation and Change in Government Technology