Focus: Participant Outcomes
A big part of plan advisors’ jobs is to prepare workers for their decumulation years, yet many in the industry tend to focus on savings accumulation prior to retirement. In an effort to change this mindset, we asked industry thought leaders to weigh in on outcomes-oriented plan designs, building better investment menus, using plan metrics effectively, and much more.
The results, which were published in a special June 2015 “Outcomes” issue of NAPA Net the Magazine, are the articles listed below. Click on the links to view each article. You can also print a PDF version to read on the go. And to view a PDF version of the full “Outcomes” issue, click here.
Retirement Ready — Or Not?
How plan advisors are helping plan sponsors focus on retirement outcomes.
By Judy Ward
BUILDING A BETTER INVESTMENT MENU
Activate Your Core
What’s at the core of your investment menu can make or break retirement outcomes.
By Ryan Mullen
A ‘Means’ to an End
Retirement plans as a health care cost solution.
By Tom McKenna and Christopher Leone
Indexing Versus Active Management
Providing efficient portfolio building blocks for participants.
By Chip Castille
‘Hedging’ Your Bets
Expanding the DC menu beyond traditional asset classes.
By David Kupperman and Scott Kilgallen
OUTCOMES-ORIENTED PLAN DESIGNS
Re-Enrollment Can Lead to Better Participant Outcomes
Improve diversification through re-enrollment.
By Toni Brown, John Doyle and Mark Steburg
Getting off to a Good Start
Successful participant outcomes begins with progressive plan design that maximizes positive participant behaviors.
By Richard W. Rausser
Behavioral design works best when difficult decisions follow a continuum of small, easy accomplishments.
By Sheri Fitts
Showing people where they stand on the road to retirement readiness can drive better savings and better outcomes.
By Patricia Advaney
It’s Good to be Better
Companies that offer automatic enrollment also tend to offer or seriously consider more features associated with plans that take a more hands-on approach.
By Richard Davies
PLAN METRICS: WHAT’S MEASURED MATTERS
The Effect of a Gauge
What participants are looking to buy from us is “retirement.”
By Michael Kiley
Measuring Inputs and Outcomes
Which retirement variables truly drive retirement outcomes?
By Tom Kmak
Retirement Readiness Metrics: Revealing, Misleading, or Both?
Data is nothing more than a collection of numbers, which can be interpreted in many ways.
By Jim Phillips and Patrick McGinn