Shannon Duncan, a licensed financial adviser, has spent almost 20 years in the retirement plan industry helping plan sponsors meet the goals for their participants, as well as working directly with participants to help them understand the importance of saving for their future. At
To improve employees’ long-term finances, encourage plan sponsors to look past typical 401(k) metrics and concentrate on a comprehensive approach to financial services.
To help improve employees’ financial prospects post-work, plan sponsors should look beyond the typical metrics of 401(k) contribution and participation rates and concentrate instead on a comprehensive financial wellness approach.