AI Archives - 401k Plan Optimization, Compliance, Investment & Partners

T. Rowe Price Enhances RPA Support in the 401(k) Market Amid Wealth and Retirement Convergence

By Fred Barstein / 401k RealChat, Adaptability, AI, Authenticity, Changing dynamics, collaboration, Communication, Convergence, Convergence & Advisor M&A, DC plans, Financial Advisors, Investments, Partners, Recordkeeping, Retirement Income, Retirement Plan Advisor, Retirement Plan Advisory Deals

T. Rowe Price Enhances RPA Support in the 401(k) Market Amid Wealth and Retirement Convergence In the final part of the 401(k) Real Chat series,...

The Race to the Bottom: Fee Compression’s Impact on the 401(k) System

By Fred Barstein / 401k News, Adaptability, AI, Convergence, Cyber Security, fee compression, fee lawsuits, fee transparency, Financial Advisors, Financial Wellness, inflation concerns, Regs and Regulators

The push for lower fees in the 401(k) industry has led to substantial changes over the past 25 years, benefiting plan sponsors and participants initially,...

The Case for Professional Retirement Plan Fiduciary Services

By Fred Barstein / 401k News, Adaptability, AI, Changing dynamics, Communication, Cyber Security, DC Plan Sponsors, Digital Tools, DOL, Employee engagement, evolving and adapting, Fiduciary, Financial Wellness, Professional Retirement Plan Fiduciary Services, Retirement Committee, Retirement Plan Fiduciary, Retirement Readiness, Retirement Savings Concern, Secure Act Changes

Remember when managing a retirement plan was simpler? Ah, the good old days. Today’s retirement plan sponsors face an increasingly complex web of ERISA requirements,...

RPA Aggregator Roundtable: Navigating a Radical Shift in Retirement

By Fred Barstein / 401k News, 6th Annual RPA Broker/Dealer Roundtable, Adaptability, AI, artificial intelligence, automation, Benchmarking & Fees (ERISA, retirement plan), Changing dynamics, Communication, Digital Tools, education, evolving and adapting, Fiduciary, Financial Advisors, financial literacy, financial wellness, Governance, Investments, Recordkeeping, Regs and Regulators, Retirement Income, RPA Aggregator Roundtable

At the seventh annual RPA Aggregator Roundtable, industry leaders tackled a transformative shift in the retirement space driven by three major trends: Scaling Advice: With...

Transforming 401(k) Plans Through AI

By Fred Barstein / 401k News, AI, artificial intelligence, auto enroll, Auto Portability, automation, Benchmarking & Monitoring Fees & Partners, benefit education, Client connection, Communication, Consolidation, DC Plan Sponsors, Digital Tools, Economy, ESG, Fiduciary, Financial Advisors, financial literacy, Financial Wellness, innovation, Managed Accounts, Regs and Regulators, Robo Advisor Technology, Selecting & Monitoring

Artificial intelligence (AI) could transform the 401(k) industry in a way similar to the impact behavioral finance has had on retirement planning. While the industry...

Effective Retirement Plan Education: Reaching All Learning Styles

By Fred Barstein / 401k News, Adaptability, adult learning, AI, benefit education, benefits committee, Client connection, collaboration, Communication, Confidence, DC Plan Sponsors, Documents & testing, Economy, education, Employee Benefits, Employee engagement, Employee happiness, evolving and adapting, Fiduciary, Financial Advisors, financial literacy, Financial Wellness, Peer to peer learning, Retirement Committee, virtual learning

Effective Retirement Plan Education: Reaching All Learning Styles Educating employees about retirement plans is essential for any successful retirement program. By providing the right knowledge,...

Raising the Bar: Essential Traits of Top Retirement Plan Advisors

By Fred Barstein / 401k News, Adaptability, AI, artificial intelligence, Authenticity, Change, Client connection, Communication, Confidence, Convergence, DC Plan Sponsors, Digital Design, Digital Tools, Due Diligence, education, Employee engagement, Employee feedback, Employee happiness, Family involvement, Financial Advisors, Financial Wellness, Health & Wellness, mindfulness, participation, Private Wealth & Retirement Planning, retirement advisor satisfaction, Retirement Advisor Specialist, Retirement Plan Advisor

Over the past few decades, the role of Retirement Plan Advisors (RPAs) has drastically expanded. What once involved basic oversight of investment portfolios and fulfilling...

Transforming the 401(k) Landscape: Embrace the Change

By Fred Barstein / Adaptability, AI, artificial intelligence, Change, Client connection, collaboration, Communication, Convergence, DC Plan Sponsors, DC plans, Documents & testing, Economy, Fiduciary, Financial Advisors, Financial Wellness, Fintech Record Keepers, mindfulness, Regs and Regulators

The 401(k) and defined contribution industry is going through major changes, driven by a mix of historical events and recent developments. The COVID-19 pandemic has...

Mindfulness in Navigating the Future of Retirement Planning

By Fred Barstein / 401k News, Adaptability, adult learning, AI, artificial intelligence, Authenticity, Behavioral Finance, Change, Client connection, Communication, Convergence, Creative approach, DC plans, Fiduciary, Financial Advisors, Financial Security, Investments, mindfulness, WealthManagement.com

In the rapidly evolving landscape of the retirement industry, mindfulness plays a crucial role in ensuring both financial advisors and clients remain focused, clear-headed, and...

4 Trends Transforming Retirement Plans in 2024

By Fred Barstein / 401k News, AI, artificial intelligence, ChatGPT, Convergence, Cyber Security, DC plans, Digital Tools, Economy, Fiduciary, Financial Advisors, Financial Wellness, inflation concerns, Investments

Technology and economic conditions are transforming America’s finances, and that’s impacting retirement plan sponsors and participants. In light of these trends, a new study from...