Authenticity Archives - Page 3 of 5 - 401k Plan Optimization, Compliance, Investment & Partners

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...

Why Financial Advisors Need a Strong, Purpose-Driven Brand

By Fred Barstein / 401k News, Adaptability, Authenticity, Change, Client connection, collaboration, Communication, Convergence, Creative approach, DC plans, Fiduciary, Financial Advisors, financial behaviors, mindfulness, purpose driven brand

Building a strong, purpose-driven brand is essential for financial advisors to stand out in a crowded and commoditized market. A brand is not just about...

Gen Z Most Optimistic About Their Retirement Outlook

By Fred Barstein / Aging Workforce, Behavioral Finance, Communication, Communication, DC plans, diversity, Emergency Savings, Employee Benefits, Employee happiness, Employer Contribution, employer match, Fiduciary, financial behaviors, financial insecurity, financial literacy, financial stress management, Financial Wellness, Future Self, generation x, Health & Wellness, Independence planning, inflation concerns, investment, Job growth, managed accounts, Millennials saving, multi-generational workforce, Partners, personal financial advice, Plan design, Plan Optimization, Plan Participation

Different generations have differing perspectives on their retirement prospects. Generation Z seems to be the most optimistic. A pair of recent BenefitsPro articles highlighted two...

How the End of the Talent War Reshapes the Role of DC Plans

By Fred Barstein / Authenticity, benefit education, Communication, Compensation, Confidence, Convergence, DC Plan Sponsors, DC plans, education, Employee engagement, Employee feedback, Employee happiness, employer match, evolving and adapting, Fiduciary, financial behaviors, Financial Stress, Financial Wellness, Financial Wellness, hiring, Inclusion, inflation, War for Talent

The end of the “war for talent” has permanently transformed how employers view and utilize defined contribution (DC) plans. Once seen primarily as cost-management tools,...

Financial Wellness and DEI Are Two Sides of the Same Coin

By Fred Barstein / 401k News, Adaptability, Authenticity, benefits committee, Communication, DC plans, DEI, diversity, Fiduciary, Fiduciary, Financial Wellness, Financial Wellness, Inclusion, nondiscrimination testing, office environment, Regs and Regulators

Employers say the biggest challenges they face in 2024 are financial wellness and diversity, equity, and inclusion (DEI). Good news: They can be addressed together,...

Evolving RPAs: Transforming Modern 401(k) and 403(b) Plans

By Fred Barstein / Adaptability, Authenticity, Change, Client connection, collaboration, Communication, Digital Tools, diversity, Economy, education, Employee happiness, evolving and adapting, Fiduciary, Financial Advisors, financial stress, Financial Wellness, innovation, investment, Mobile apps, Regs and Regulators

The evolution of 401(k) and 403(b) plans from simple savings tools to comprehensive financial solutions has transformed the role of Retirement Plan Advisors (RPAs). Initially,...

3 Ways to Support an Aging Workforce

By Fred Barstein / 401k News, Adaptability, Aging Workforce, annuity, Behavioral Finance, benefit education, Communication, Compensation, DC plans, diversity, Economy, Employee happiness, Employer Contribution, environment, Fiduciary, Financial Wellness, Health & Wellness, healthcare, Inclusion, Investments, mindfulness, Retirement Income

The aging population has transformed the workforce—approximately one in four employees is age 65 or older. While this demographic is becoming the fastest-growing group of...

Maximizing Managed Accounts in Retirement Planning

By Fred Barstein / Authenticity, Benchmarking & Monitoring Fees & Partners, Client connection, Communication, Compliance, Custom Funds and Managed Accounts, DC Plan Sponsors, Digital Design, Digital Tools, Education, evolving and adapting, Financial Advisors, financial behaviors, Financial Wellness, Investments, Legislation, Managed Accounts, Retirement Plan Committee, Retirement Plan Fees, Selecting & Monitoring, Target Date Funds

While managed accounts offer a more personalized retirement planning solution than target date funds (TDFs), their effectiveness is hampered by insufficient data and participant engagement. ...

The Critical Importance of Annuity Fee Transparency

By Fred Barstein / 401k News, Annuities, annuity, Authenticity, Benchmarking & Monitoring Fees & Partners, benefit education, Client connection, Communication, Confidence, DC plans, fee transparency, Fiduciary, Financial Wellness, inflation concerns, investment comittee, Retirement Happiness, Third party administrators

The transparency of annuity fees and costs is a critical issue in retirement planning. It directly impacts employees’ confidence and trust in their retirement...

Embracing Change: Leadership in Financial Services

By Fred Barstein / Adaptability, Authenticity, Change, Client connection, Communication, Education, Financial Security, financial uncertainty, Financial Wellness, Health & Wellness, mindfulness

In the dynamic realm of financial services and 401(k) industries, navigating rapid change calls for a shift in mindset and leadership approach. Despite efforts to...