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| Webcast Event |
| Join us for a webcast that will highlight our
2014 MullinTBG/PLANSPONSOR Executive Benefits Survey results, with a focus on
identifying barriers to participant engagement—including the surprising and not
so obvious—and how we can leverage new communication and education tools that
take a more intuitive and simplified approach to positively influence behavior
that can lead to more successful outcomes for participants and plan sponsors
alike.Read more > |
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| Benefits & Administration |
| What Providers Should Bring to Communications |
| There aren’t many different ways a retirement
plan provider can say it processes transactions promptly and makes sure
participants have correct information, but a provider can differentiate itself
by what it offers for participant communications, according to Cynthia Hayes,
president of Oculus Partners. In a webcast sponsored by communications provider
Broadridge, Hayes noted that communications is one of the largest areas of
expenditure for plan providers and plan sponsors. It is one of the fastest-changing
areas in retirement plan administration, as technology and participants change,
so it requires long-term investing of money and resources. Plan sponsors
wanting to step up participant communications should make sure their providers
are in tune with the latest trends.Read more > |
| Some DC Plans Not Taking Advantage of QDIAs |
| Half of plan sponsors do not take advantage of
qualified default investment alternative (QDIA) safe harbor protections, according
to preliminary results from an upcoming survey report from AllianceBernstein. Richard
Davies, senior managing director of defined contribution and co-head North
America at AllianceBernstein Institutional Investments, says this seems to parallel
the finding that more than one-third of plan sponsors do not actually know they
are fiduciaries.Read more > |
| Behaviors That Sabotage Retirement Savings |
| Years of education, communication strategies and
support haven’t done as much to move the needle on retirement plan participant
retirement readiness as plan sponsors and advisers hope to see. For America
Saves Week, Prudential wanted to answer a simple question: Why is long-term
savings so hard for participants? According to Jennifer Putney, vice president
of Total Retirement Solutions at Prudential Retirement, the firm turned to the
behavioral sciences to formulate an approach that would help them understand
the behaviors that help or hinder decision-making.Read more > |
