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April 28th, 2017 |
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ASK THE EXPERTS
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Groom Law Group and Cammack
Retirement Group will field your
questions concerning 403(b) plans
and regulations. Email rebecca.moore@strategic-i.com with Subject
Ask the Experts
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Best Practices for Participant Communications Analyzed by StudyPlan sponsors are increasingly taking it upon themselves to devise their own communication strategies to engage their participants in financial as well as health wellness, according to the inaugural WorkPlace Exchange (WPE) report from Corporate Insight. The study shows use of the best practices in participant communications reliably increases enrollment, deferral rates and dialogue.
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| DOL Asks to Initiate Surveys About Retirement StrategiesThe Department of Labor (DOL) has submitted for review by the Office of Management and Budget an information collection request titled, “On the Road to Retirement Surveys.” The agency says gaining additional insight into Americans’ decisionmaking processes and experiences will “provide policymakers and the research community with valuable information that can be used to guide future policy and research.”
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| Adviser Access Important to Pre-RetireesHaving a financial adviser certainly benefits people working towards the goal of retirement, the LIMRA Secure Retirement Institute found in a survey. Twenty percent of pre-retirees have not completed any retirement planning activities.
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| Break from the Grind: Employees Recount Strange Items of RecognitionTwo-thirds (66%) of workers surveyed by staffing firm OfficeTeam said they’d likely leave their job if they didn’t feel appreciated. That’s up from 51% who responded that way in 2012. Employees polled were asked to recount the strangest form of recognition they’ve received at work, as well as the best form of recognition.
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