MFG Insider- June

MFG Insider

June 2016

401K Seminar  |  Advisors’ Corner  |  In the News  |  Team Member Profile

May 2016 MFG Insider

Quinn Buckner Named to Indiana University Board of Trustees

Our very own Quinn Buckner was appointed to the Indiana University Board of Trustees on June 6th by Governor Mike Pence of Indiana. Quinn was a captain of the 1976 undefeated NCAA Men’s Basketball Champions, Indiana Hoosiers. Join us in congratulating Quinn on his new role.

“Quinn Buckner is a business leader, philanthropist, Olympian and Hoosier basketball legend…He epitomizes the Hoosier spirit and tradition that are synonymous with Indiana University and will do a tremendous job for IU.”

– Governor Mike Pence of Indiana

401(k) Luncheon Seminar

Update – New DOL Rules and Regulations

We understand everyone has a great deal going on, so we wanted to provide a brief overview of the 401(k) Seminar we recently hosted on the new DOL rules and regulations.  Below are some highlights of the conversation:

• A few major provisions to the 2016 DOL Regulations include:
  • New definition of “investment advice”
  • Necessity of a “recommendation” to be considered a fiduciary
  • Effective and applicability dates
• Impacts on plan sponsors:
  • Plan sponsor trustees responsible for hiring an investment advice fiduciary
  • Investment adviser’s compensation may not vary based on the recommendations
  • Additional disclosures may be required for plan sponsors and participants

  If you would like to learn more about this topic, please contact us at [email protected] or 317-805-6700.

  – MFG Retirement Services Team

       

ADVISORS’ CORNER – Quinn Buckner

I have had a measure of success being part of successful organizations in both my personal and professional life. My current focus is to support, inspire and encourage people to do what needs to be done in order to secure their financial future, and I wanted to do this from within an organization similar to the Championship teams that I was part of in high school. college, the Olympic Games and in the NBA. Finding that successful team, in the financial industry, was critical so that the best resources with creative solutions would be available to solve the financial concerns and issues that we have today.

It’s a pleasure and honor to be a part of Mack Financial Group, a member firm of M Financial Group and one of the leading distributors of financial services products in the country. I am again fortunate to be part of another championship team and look forward to being of service to you, your family and your firm.

– William Q. Buckner

In the News:

Team Member Profile: Meet Lisa Corcoran

Responsibilities:

• Investment Services
  • Opening and servicing of investment accounts

• Compliance Director
  • Reviewing our day-to-day business
  • Handling licensing, appointments and registrations

Background:

• Lisa grew up Indianapolis and had the opportunity to move back to the city in 1997. Her background was in real estate and property management. She decided to make a change join the MFG team. Lisa is glad she made the change and finds working with investments and our clients to be very rewarding.

Education:

• Lisa has her Series 7, Series 66, and Series 24

Hobbies:

• Lisa enjoys anything that includes being outdoors, walking, and music.

Why do you enjoy being a part of the MFG Team?

• “We have a great team. They are smart, professional, and everyone has a good sense of humor. What could be better?”

M Financial News

M Intelligence: Basic Overview of Stock Indexes

The latest M Intelligence piece shares basics of stock indexes for indexed universal life insurance products.

M Financial: Relationships

MFH Board Members Joe White, Tim Malarkey, Mac Nease, Gabe Shaheen, and Richard Mack discuss the value of learning from others and its influence on the M Community’s success.