Bank of America Merrill Lynch Finds Participants More Engaged in Plans
Robust plan design, education and the use of digital tools can increase employee engagement with their retirement plans, the firm's Plan Wellness Scorecard shows.
Tag: Education
Never Being Able to Retire is Americans’ Biggest Financial Fear
That is followed by living paycheck to paycheck and never being able to climb out of debt.
DCIIA Calls for More Robust Use of Automatic Features
The organization has issued a report analyzing what is working in DC plans and how the existing tools can be leveraged further.
Women’s Retirement Income Literacy Is Lower Than Men’s
Only 18% of women passed a retirement income literacy quiz, compared to 35% of men.
Report Offers Ideas for Addressing Financial Literacy and Retirement Savings
The report from Mercer suggests designing smart systems to help ensure adequate savings given the many things competing for an individual’s paycheck and the lure of the immediate...
DCIIA Paper Discusses Importance of Offering Financial Wellness to Employees
"A Financial Wellness Primer" points out the cost of a workforce that is not financially healthy and the productivity gains and return on investment of offering a financial...
Employers Are Looking for New and Innovative Benefits
An increased interest among employees for a full suite of health and financial wellness benefits is sparking employers’ interest.
Print Communications Still Key for Many Participants
New research from the TIAA Institute compares the performance of print versus online plan communications.
Financial Help From Employers Desired by Majority of Employees
Feeling behind on retirement savings and facing debt, more than half of Americans polled said they wish their employer would offer financial help.
Targeted Communication Driving Deferral Rates
Ascensus found that employees who decided to enroll in their employers’ retirement programs after receiving targeted communication deferred on average 6.24% of pay.
Framing the Financial Wellness Conversation for Reluctant Clients
One of the biggest drivers of a financial wellness program’s success is plan sponsor enthusiasm, experts agree.
Robo Advisers Need to Incorporate Human Touch
This is particularly true as investors age.
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Power Stance
Advocating for aggressive plan design, to help ensure what workers save goes the distance
PSNC 2017: Advanced Plan Design
Kicking off the 2017 PLANSPONSOR National Conference, the panel discussed key plan design features that can boost participant engagement.
PSNC 2017: Using HSAs Effectively
What plan sponsors should know about health savings accounts (HSAs) before implementing them.
Working on Current Health Important to Retirement Planning
Achieving retirement aspirations requires more than saving, investing and planning, it also depends on staying in good health, a survey report notes.
The Use of Professionally Managed Portfolios Projected to Reach 75% by 2021
The use of automatic features has also benefited participants, Vanguard says.
Americans Equally Concerned About Volatility and Retirement Goals
Men are more concerned about short-term volatility than women.