As consumers, we’ve come to expect personalized products, services, and experiences and providers have listened. We personalize our coffee, our playlists, our travel amenities, our menus.
Think a Company Retirement Plan is Expensive? Try Not Having One.
Is it a company’s responsibility to help their employees save for retirement? Is it good business or just another expense?
Does a $5 Trillion Market Opportunity Get Your Attention?
A popular business development strategy among 401k advisors is to mine Form 5500 data to target plans that may be underserved. The argument that you can provide better service, help create better outcomes, help get a plan on track ( or keep it on track), and importantly, help reduce fees are all important drivers in improving the health of the ecosystem.
Big Challenges Call For Big Solutions
Is a glass half full a good thing – or not? If we’re talking about your favorite beverage, perhaps a half full glass is a nice thing. If the glass is a measure of workplace retirement plan success, your conclusion should be significantly less rosy.
We Dusted Off Our Crystal Ball and Peered into 2022
The one constant we know about the retirement plan industry is that change is always around the corner. How we anticipate it, plan for it, and execute against it affect the fortunes of firms large and small.
SPARK FORUM 2021 Panel Discussion on Lifetime Retirement Income
Steve McCoy (iJoin), Joe Hendrickson (Allianz Life), and James Olson (IPX Retirement) joined Philip Chao (Experiential Wealth) at the SPARK Forum 2021 for a lively discussion on the challenges and opportunities of offering in-plan guaranteed retirement income solutions.
You Have a Portal, But Do You Have an Experience?
Your organization has a dedicated web portal for customers. That’s great, but does it create a memorable, brand-reaffirming user experience or is it something more transactional?
They want it. You Have it. Part 5
“8 in 10 people would appreciate employer help in calculating the income they’ll need for a secure retirement.”
They want it. You Have it. Part 4.
“48% of workers have tried to calculate how much money they will need to live comfortably in retirement.”
They want it. You have it. Part 3.
“9 in 10 retirees rely on Social Security as a source of income in retirement.”
None of us should be shocked reading this. While Social Security is an important safety net, it was never designed to fully fund retirement.