artificial intelligence Archives - 401k Plan Optimization, Compliance, Investment & Partners

Top 10 Products and Services Transforming the 401(k) Industry

By Fred Barstein / 401k Advisor, 401k News, Adaptability, AI for Retirement, artificial intelligence, benefit education, Digital Design, Digital Tools, financial behaviors, financial stress management, Financial Wellness

The defined contribution (DC) industry is entering a new era of transformation. Innovative products, services, and technologies are reshaping how plan sponsors, advisors, and participants...

Will Wealth Advisors Start Managing More 401(k) Plans?

By Fred Barstein / 401(k) Plan Management, 401k plan, AI, AI for Retirement, artificial intelligence, Client connection, Consolidation, Convergence, Convergence & Advisor M&A, DC Plan Sponsors, Digital Tools, Retirement Plan Consultants, WealthManagement.com

More 401(k) plans are being created because of state rules and tax incentives, but most wealth advisors aren’t rushing to get involved. They usually focus...

Overcoming Challenges in 401(k) Record Keeping: John Hancock’s New Approach

By Fred Barstein / AI, AI for Retirement, artificial intelligence, automation, Changing dynamics, Digital Design, Digital Tools, Financial Advisors, Fintech Record Keepers, Overcoming Challenges, Record Keepers, Recordkeeping

There are significant challenges for 401(k) and 403(b) record keepers still relying on outdated technology, much of it built in the 1990s using mainframe coding...

Millennials and Gen Z Embrace AI for Retirement, Experts Urge Caution

By Fred Barstein / 401k News, Adaptability, AI, AI for Retirement, Artificial Intelligence, artificial intelligence, ChatGPT, education, financial literacy, Financial Wellness, Financial Wellness, Gamification Retirement Planning, Gen Z, Life expectancy, Millennials saving, personal financial advice, Retirement Happiness, virtual learning

A recent study from artificial intelligence (AI) platform Pearl reveals that nearly two-thirds of Gen Z and millennials would follow AI-generated retirement advice based on...

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...

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...

Convergence and Competition: Redefining the Future of DC Plans

By Fred Barstein / 401k News, artificial intelligence, Benchmarking & Monitoring Fees & Partners, benefit education, benefits committee, Communication, Compliance, Consolidation, Convergence, DC plans, DOL, fee transparency, Fiduciary, Financial Advice, Plan Optimization, Recordkeeping, recordkeeping, Retirement Committee

The convergence of wealth, retirement, and benefits at the workplace is shedding light on both the strengths and vulnerabilities of the defined contribution (DC) system. ...

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...