| | Benefits & Administration | | Not-for-Profit Plans Delivering Retirement Readiness | | Not-for-profit sector plan participants are estimated to replace an average of more than 90% of their pre-retirement income in retirement, according to research from TIAA-CREF’s new Retirement Income Index. Ed Moslander, senior managing director and head of institutional client services at TIAA-CREF, shares best practices for plans to succeed in providing retirement income.Read more > | | DC Plan Participants Still Want Human Advisers | | In “The Human Touch: The Role of Financial Advisors in a Changing Advice Landscape,” Financial Engines finds that retirement plan participants still want something basic and even old-fashioned: a person in their corner. The one constant Financial Engines saw throughout all the industry change was the desire for a relationship with an adviser, notes Kelly O’Donnell, executive vice president at Financial Engines. “When people make money decisions, it’s [simultaneously] emotional and rational,” she points out. “So, financial advisers continue to be constant in helping people make good decisions.” How can plan sponsors find a blend of automation and human touch?Read more > |
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