Will Rollovers or Retirement Income Rule the Roost?

We’ve gotten nearly 5,000 votes to date on proposed topics for the 2024 NAPA 401(k) Summit—in two major categories.

Lest you forget—the 2024 NAPA 401(k) Summit will be held April 7-9 in Nashville, Tennessee. You’ll definitely want to mark your calendars for this one! As for the agenda for that Summit—well, now that starts with YOU—you help set the framework for the NAPA 401(k) Summit agenda—by voting on the topic(s) you’d most like to be on that agenda!

Products

We’ve just closed out the first week of voting on topics in the “Products” category, and with just about 400 votes, the top 10 topics are:

1. Rollover Realities
2. The rollover. How do we reconcile the fact that everyone wants them and how will the industry work together in some fashion to accomplish
3. Help Business Clients Retain and Motivate Top Talent
4. PEPs Successes and Challenges
5. Provider fee surveys—a session discussing average fees by providers and benchmarking
6. Engaging overlooked pool employees
7. How to be on the right side of recordkeeper consolidation trends
8. Retirement Income Solutions That Actually Work
9. AI U & Me: What will AI replace or enhance? Will you be able to adapt?
10. Retirement Income Solutions—How to compare

It’s not too late to weigh in—to vote on potential topics, or to add one/some of your own. You can do so at http://www.allourideas.org/2024SummitProd

Practices Management

Last week—with some 3,000 votes cast—we shared the most voted topics. Since then, we’ve gotten another 1,500 votes—and we’ve got a NEW top topics list—and several new topics into that list!:

1. What Are the Daily Habits and Behaviors of The Most Successful Advisers? (up from #2)
2. Retirement Industry of 2030 (down from #1)
3. How are advisors handling fiduciary duties and management of details for their 401(k) clients? (up from #9)
4. Fee benchmarking; how and how often? (up from #6)
5. Behavioral Finance and Investor Psychology: Examine the role of emotions, biases, and cognitive processes in retirement planning and invest… (up from #8)
6. Discussing with different level of advisors (large market, mid-market, small market) and what service model they set up for their base of clients… (leaping into the top 10 for the first time!)
7. How to be on the right side of recordkeeper consolidation trends (another new entrant to the top 10!)    
8. How to Develop/Determine A Reasonable Fee for Your Services (down from #4)
9. Earning Your “Keep”: Value-added services to avoid sticker shock of advisor fees (another new to the top 10)                
10. How to apply a wealth management approach to Plans. Treat each participant as a client and not just the sponsor (another new entrant to the top 10!)

Whether you’ve voted or not, new potential topics are added every day by readers (like you)—so you’ll want to keep checking it out—and keep weighing in at: http://www.allourideas.org/2024SummitPM