OneAmerica was recently recognized by the Allianz Global Investors’ Center for Behavioral Finance for providing record keeping services that support the research-based principles presented in the best-selling book, Save More Tomorrow: Practical Behavioral Finance Solutions to Improve 401(k) Plans, by behavioral economist Prof. Shlomo Benartzi of UCLA.
With the goal to help make it easier for employees to make better choices for their retirement, the Center’s pilot PlanSuccess Recordkeeper Evaluation Program assessed record keepers on 19 key behavioral capabilities, including features like auto-enrollment, auto-escalation and auto-investment.
OneAmerica earned a seal for providing services in each of the “Save, Save More and Save Smarter” categories assessed, including capabilities like easy and active enrollment, initial deferral rates and default managed investment choices for employees.
For more on OneAmerica’s value-adds for advisors, visit their NAPA Firm Partner page.
