evolving and adapting Archives - 401k Plan Optimization, Compliance, Investment & Partners

Younger Workers Need More Financial Education

By Fred Barstein / 401k News, adult learning, benefit education, Communication, education, Employee happiness, Employee training, evolving and adapting, Fiduciary Training, financial behaviors, financial insecurity, financial literacy, Financial Literacy, financial stress management, Financial Wellness, Health & Wellness, Millennials Delaying Milestones, multi-generational workforce, Retirement Happiness, student loan debt, War for Talent

A recent survey by Corporate Insight and the SPARK Institute reveals a sobering reality about financial literacy among young Americans. The 2024 Financial Literacy Survey...

The Evolving Retirement Industry: What Advisors Need to Know

By Fred Barstein / 401k News, 6th Annual RPA Broker/Dealer Roundtable, Adaptability, adult learning, CEO Engagement, Changing dynamics, Changing Recordkeepers, Client connection, Communication, Convergence & Advisor M&A, DC Plan Sponsors, Early retirement, evolving and adapting, fee compression, fee lawsuits, Fiduciary, Fiduciary Training, generational gap in retirement planning, HR, incentivizing financial meetings, Legislation, product quality, Professional Retirement Plan Fiduciary Services, Regs and Regulators, Retirement Advisory, Retirement Plan Advisor, Retirement Plan Advisor Due Diligence, RPA Aggregator Roundtable, Specialization

The Evolving Retirement Industry: What Advisors Need to Know The retirement industry has evolved dramatically over the past decade, bringing new challenges and opportunities for...

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...

Bridging the Generational Gap: Adapting Retirement Planning for Changing Expectations

By Fred Barstein / 401k News, Aging Workforce, benefits committee, Change, Changing dynamics, Communication, Consolidation, Convergence, DC plans, diversity, Diversity equity inclusion, Education, education, Employee engagement, Employee happiness, employer match, evolving and adapting, Fiduciary, Financial Advice, financial literacy, Financial Wellness, generational gap in retirement planning, Independence planning, inflation concerns, Millennials Delaying Milestones, Millennials saving, multi-generational workforce, office environment, participation, Peer to peer learning, Record Keepers, Retirement Happiness, Retirement Readiness, Retirement Savings Concern, Savings Rates, social security

Bridge Private Wealth Retirement Planning

A seismic shift is occurring in the constantly shifting retirement planning space. Plan sponsors and advisers now find themselves navigating dramatically varying expectations about retirement...

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,...

Thinking about Changing Recordkeepers? Consider These 6 Factors

By Fred Barstein / 401k News, Adaptability, adult learning, benefit education, Changing Recordkeepers, Client connection, Communication, DC Plan Sponsors, Digital Tools, evolving and adapting, Fiduciary, Financial Wellness, Improving Outcomes, recordkeeper consolidation, Recordkeeping, recordkeeping, Regs and Regulators, Retirement Committee, Retirement Plan Fees

If you’re considering changing retirement plan service providers, now may be a good time to do so. That’s according to Chris Carosa, CTFA, who penned...

Key Takeaways from the 6th Annual RPA Roundtable & Think Tank

By Fred Barstein / 401k News, 6th Annual RPA Broker/Dealer Roundtable, Benchmarking & Monitoring Fees & Partners, Benchmarking Fees, Benchmarking Funds, benefit education, collaboration, Committees, Communication, Compliance, Conflict of Interest, Convergence & Advisor M&A, DOL, Economy, evolving and adapting, Fiduciary, Fiduciary, Financial Advisors, financial wellness, participation, Recordkeeping, Regs and Regulators, Retirement Committee, Retirement Plan Committee, Senior Management Engagement

At the 6th Annual RPA Broker/Dealer Roundtable held in NYC September 4 and 5, key themes centered on the convergence of wealth management and retirement...

Convergence & Advisor M&A: Shaping the Future of Wealth, Retirement, & Benefits

By Fred Barstein / 401k News, Client connection, collaboration, Communication, Convergence, Convergence & Advisor M&A, DC Plan Sponsors, evolving and adapting, Fiduciary, Financial Advice, Financial Advisors, financial literacy, Financial Wellness, innovation

The concept of convergence between wealth management, retirement planning, and workplace benefits is no longer seen as a passing trend, as indicated by a recent...

Fidelity’s 2024 Plan Sponsor Survey: Evolving Advisor Roles & Expectations

By Fred Barstein / adult learning, auto re-enroll, Benchmarking Fees, Communication, Compensation, Consolidation, Convergence, Economy, evolving and adapting, fee transparency, Fiduciary, Financial Advice, Financial Advisors, financial behaviors, Financial Stress, PEP, Regs and Regulators, Target Date Funds

Fidelity Investments’ 15th annual plan sponsor survey, conducted in January 2024, reveals significant trends and shifts in the retirement plan landscape, particularly in the role...