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More than Girlboss or BossBabes: Are Women Ready for Surplus Assets in The Great Transfer of Wealth?

Many in wealth management have been focused on the estate planning aspects of the upcoming so called Great Transfer of Wealth. But there is another side to that massive trend – those who will inherit the assets.

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Thanks and Giving: Financial Advisor’s Role In Client’s Charitable Giving is a Gift to Both Parties

As the pandemic moves into its continuing phase and life gets slightly back to normal, we can look back and see that clients really did move more of their treasure towards charity. As philanthropic software giant Blackbaud recently stated in it’s study charitable giving was up 8% and up 17% overall.

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CyberSecurity and Artificial Intelligence: a 2022 Love Story for Plan Fiduciaries and Financial Advisors?

The ground artificial intelligence is breaking in investment management may be the same covered in the DOL’s new Best Practices on Cybersecurity. A quick comparison of the two may help you plan for 2022.

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Buyer Beware!

It’s time to revisit spending—and budgeting. Especially given the financial fallout from the COVID-19 pandemic, more people are turning to “buy now pay later” loan programs which can be downright predatory.

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Employee Education for New Year: Goals, Goals, Goals

Following such an unpredictable few years, employees may be wondering if they can or should even set goals anymore. Plan Sponsors can help employees all year long by providing information about proper goal setting. Here are a few ideas.

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Cryptic Currency

What’s going on with Bitcoin ETFs, and what information should benefits advisors and plan sponsors have ready for when employees ask about their plan’s investment options for bitcoin?

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Are We There Yet? Is a New Fiduciary Rule Finally on the Horizon?

A new definition of “fiduciary” might be here by the close of 2021. But how do we get there?

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New Roth IRA Rules?

It might sound like the changes proposed to Roth IRAs over September 2021 and October 2021 are cause for a lot of concern by many investors. Your clients may already be peppering you with questions. A quick deep dive into those proposed changes may answer some of that concern.

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Do American Investors Need a Miracle? New Study Results on Retirement Readiness Highlights Global Differences

A new global study found that 41% of investors say that its going to take a miracle for them to retire on time. Is this true for American Investors?

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Keep It Intra-resting: Creating an Engaging HR Intranet Site

If an HR intranet page is difficult to use, employees are going to walk away frustrated, confused, and may not be able to access vitally important information. Here are five suggestions to improve user experiences.

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Employee Retention Best (and Worst!) Practices

“WE’RE HIRING!” signs are everywhere, but every sponsor worth their salt knows that retention is even more important than recruiting. So, what entices employees to stay?

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It’s the Economy, Genius.

Empowering employees to ask questions, raise concerns and become more educated can help those employees feel more confident in investing and saving for retirement. How to Address Employees’ Concerns About Changes to the Economy Through Education.

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Supreme Court Watch: Hughes v. Northwestern University

A quick review of what’s on the Supreme Court’s docket will show the “as yet to be calendared” case of Hughes v. Northwestern University. This case could impact an advisor’s duty of prudence and is worth watching for a variety of reasons.

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Fresh out of Content? Responding to Social Media Is Always In Season

If you are facing a blank screen and blinking cursor for your next client newsletter, we have a solid suggestion for you: respond to someone else’s content. It’s a practice well accepted in academia for generations, and its making its way through social media too.

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Planning for Year End: Four Things to Add to Your Own Year End Planning Lists

Advisors may be compiling year-end lists for their clients. But with advisors seeing higher than normal numbers of new clients, they may do well to follow their own advice. So what do you need to do to get yourself sorted for year end? Here are four things to include in your year-end planning.

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Behavioral Science is a Plan Sponsor’s Best Friend

“One Neat Trick to Increase 401(k) Enrollment!” sounds like the subject line to an email scam, and it probably is. However, the only “BS” here is Behavioral Science, and it really can help.

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About Last Year: Plan Sponsors Can Harness the Why Behind the Rise in 401(k) Participation

Average 401(k) balances are up more than 20%. What’s behind those eye-catching numbers? Why are employees investing more? The answers can inform plan sponsors’ educational programs in 2022.

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How to Speak Sponsor

Communication strategies for sponsors trying to convey their duties, plans, and needs to other groups in the office less familiar with their roles.

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TV Land: What to Watch

What are your employees reading/watching that could help you convey retirement savings and investing information? Here are three wildly different picks that may resonate with employees.

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Cultural Competency and the Paperless Office

Why going paperless for providing information to employees may be hurting your enrollment. From religion to neurodivergence, money to age, the diversity of those who would benefit from printouts may make you want to reconsider the purely digital enrollment paradise you may be envisioning.

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The A, B, C’s of Confusion: How the Internet Isn’t Helping When It Comes to Understanding 403(b)s

Given how well participants in 403(b) plans did over the last 18 months (in terms of savings and enrollment), Plan Sponsors may want to get ready for some common queries. Here’s a review of what we’ve seen on the Internet that may need clearing up for your participants.

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Six Solid Staffing Tips

The pandemic’s change to how we work had big effects on staffing. Is the biggest impact on workforce management hiring? Maybe, but there are a few new staff management practices that could be worth taking note. Here are six of them.

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Networking or Bust? Four Questions Worth Asking About Your Networking Strategy

The effects of the pandemic meant cancelled events and virtual platforms. As advisors began planning for 2022, you might be asking, is networking still a worthy part of your marketing plan? Here are four questions to ask as you plan for 2022.

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Retail Worker Shortage and other Trends Point to a Bright Savings Future

Where oh where did the workers go? The story we hear about worker shortage may show the confluence of several trends, all pointing to your clients having an easier time saving for retirement.

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The Best Communication Strategies Come from ADHD Learning

Employees across the board are struggling to concentrate on work, let alone their retirement plans. One method to adapt to this new environment is to learn from those who are already familiar with this landscape.

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Authors

Beau Adams
Executive Vice President, BCG
John Correll
Client Relations Team Leader
Kevin Bonner
Regional Retirement Sales Director
Nina Wilkinson
Client Relations Manager
Robert Terry
Retirement Plan Sales Manager

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