One of my favorite memories was being handed the big Christmas catalogue — the “Wish Book,” it was called — and going through it looking for the things that I hoped Santa, and then later, my parents, would bring. After struggling for possession of the catalogue, my brother and I would turn down the corner of the pages on which those items could be found. That also made it easier as Christmas approached, to revisit, and occasionally reconsider, those “wishes.”
Of course, these days those “wish lists” are online — a lifesaver for every grandparent, parent and distant relation who wants to give something more “thoughtful” than a mere gift card, but has no sense of what you want, much less have.
Here are 10 “gifts” that you could find — or perhaps wish you could find — on somebody’s “wish” list:
To: Retirement Plan Advisors
From: the Labor Department
A workable fiduciary proposal
To: Plan Sponsors
From: Your CEO
Fiduciary liability coverage to cover the personal financial liability imposed by ERISA on plan fiduciaries
To: Retirement Plan Advisors
From: Your Plan Committee
A promise to arrive on time and prepared for all 2016 meetings
To: Plan Sponsors
From: the Labor Department
A (better) safe harbor for retirement income options
To: Retirement Plan Advisors
From: Your Plan Sponsor Clients
An acknowledgement/awareness of our fiduciary responsibilities
To: Retirement Plan Participants
From: “The Industry”
“Disclosures” that somebody besides a lawyer can read and understand
To: Plan Sponsors
From: Your Recordkeeper
A year without (more) consolidation
To: Retirement Plan Participants
From: Retirement Plan Participants
At least one attempt to determine my level of retirement readiness during the year
To: Workers
From: Your Employer
Access to a workplace retirement plan
To: Plan Sponsors, Retirement Plan Advisors & Providers
From Your Plan Participants
Appreciation for all you do to make retirement savings possible
What’s on your wish list this holiday season? Email me at [email protected], or post it in the comments section below!
