MainStay Launches Retirement Institute to Assist Plan Advisers and Sponsors

NEW YORK, February 28, 2017 – MainStay Investments announced the launch of MainStay's Retirement Institute created to assist plan advisers and plan sponsors as they navigate today’s evolving governance landscape. The Retirement Institute’s various initiatives seek to provide expert coverage of the industry’s most impactful issues and deliver important information to plan advisers and sponsors.

As part of MainStay’s Retirement Institute efforts, the team has partnered with Employee Retirement Income Security Act (ERISA) experts at Groom Law Group to understand trends in ERISA litigation. The team has also engaged with Don Trone, author, founder of 3Ethos and leading authority on governance, to leverage the concept of behavioral and inspirational governance (BIG) to help the defined contribution community understand leadership practices.

Current programs available through MainStay’s Retirement Institute include:

  • Fiduciary Physics 101: Best Practices & How to Avoid Unintended Consequences -
    Applying Newton’s 3rd Law to Fiduciary Best Practices

    This CE-approved presentation responds to the increasing pressure on investment committees by offering an overview of core elements that comprise ethical and prudent plan governance.
  • Recent Trends in ERISA Litigation
    This program, developed in partnership with Groom Law Group, aims at helping large plan advisors and other fiduciaries understand the changing legal landscape, avoid pitfalls, learn best practices and take prudent next steps.
  • Fiduciary Liability Insurance (FLI)
    This initiative includes an FLI-focused presentation, whitepaper and checklist that offer FLI discussion points for adviser use with plan sponsors as sponsors consider FLI as part of a comprehensive risk management program.
  • Fiduciary Governance Training
    This educational content was created for advisers pursuing the Certified 401(k) Professional, C(k)P, designation awarded by The Retirement Advisor University (TRAU) in collaboration with the UCLA Anderson School of Management Executive Education. Plan sponsors can also access this information through The Plan Sponsor University (TPSU), an affiliate of TRAU.

Spearheading these efforts is Jonathan Blaze, national sales director for retirement plans at MainStay, who frequently speaks on fiduciary best practices. According to Blaze, "Money managers have an important part to play in helping make reliable, practical information available to the retirement plan community to assist in creating a culture of inspired governance. With our Retirement Institute, MainStay has made a commitment to continually provide timely and relevant insights to the plan sponsor and defined contribution investment only (DCIO) communities. We aim to provide actionable resources for advisers to use as they assist their plan sponsor clients and prospects to help them navigate the governance landscape.”


About MainStay Investments

With $78 billion in assets under management as of December 31, 2016 across retail mutual funds, exchange traded funds (ETFs) and variable product sub-accounts, MainStay Investments is the mutual fund and ETF distribution arm of New York Life Insurance Company. MainStay provides access to a powerful mix of autonomous, institutional investment managers, delivered by experienced professionals who understand the needs of today's investors. For more information on MainStay Investments, please visit

MainStay Investments® is a registered service mark and name under which New York Life Investment Management LLC conducts business. Assets under management include assets managed by an affiliate.

For additional information, please contact: 
Kevin Maher
New York Life Insurance Company