The 20 Rising Stars of Retirement Plan Advisory 2008 - (Page 12) SPONSORED ARTICLE Automatic Enrollment vs. Managed In many ways, we are headed toward the right solution. Automatic enrollment and other ancillary automatic features (with significant support through the Pension Protection Act) are clearly steps in the right direction. We are acknowledging the problem and creating potential solutions. However, before we get too far ahead of ourselves, we need to ask one question: Does automatic enrollment (and its associated qualified default investment alternatives) represent the most realistic solution for sponsors looking to truly address the long-term retirement income needs of their plan participants? We believe the answer to that question is ‘no.’ A Step in the Right Direction According to a recent joint research report commissioned by the American Savings and Education Council and AARP entitled “Preparing for Their Future: a Look at the Financial State of Gen X and Gen Y,” only 15% of younger working Americans feels very knowledgeable about saving for retirement. In contrast, 40% feel very knowledgeable about their iPods. The results came from an online survey of 1,752 young people in early 2008. The report includes survey responses from both Gen X (ages 28 to 39 years old, born 1968 to 1979) and Gen Y (ages 19 to 27, born 1980 to 1988). Automatic enrollment (and ancillary elective features such as SEPTEMBER 2008 Account A managed account program may be the most realistic solution for sponsors looking to address the long-term retirement income needs of plan participants By Chris Dugan C LEARLY, THE ISSUE OF RETIREMENT income adequacy has come to the forefront of the retirement industry. Over the next several years, as Baby Boomers begin retiring in bigger and bigger numbers, solving the retirement income gap dilemma in America will remain perhaps our biggest priority as an industry. 12 RETIREMENT PLAN ADVISORY RISING STARS
Table of Contents Feed for the Digital Edition of The 20 Rising Stars of Retirement Plan Advisory 2008 The 20 Rising Stars of Retirement Plan Advisory 2008 Contents Doing Well By Doing Good The Post-PPA Bounce Automatic Enrollment vs. Managed Account Unfair Advantage? You Bet The New World Order 20 Rising Stars of Retirement Plan Advisory Mentors’ Page The 20 Rising Stars of Retirement Plan Advisory 2008 The 20 Rising Stars of Retirement Plan Advisory 2008 - The 20 Rising Stars of Retirement Plan Advisory 2008 (Page Cover1) The 20 Rising Stars of Retirement Plan Advisory 2008 - The 20 Rising Stars of Retirement Plan Advisory 2008 (Page Cover2) The 20 Rising Stars of Retirement Plan Advisory 2008 - Contents (Page 3) The 20 Rising Stars of Retirement Plan Advisory 2008 - Contents (Page 4) The 20 Rising Stars of Retirement Plan Advisory 2008 - Contents (Page 5) The 20 Rising Stars of Retirement Plan Advisory 2008 - Doing Well By Doing Good (Page 6) The 20 Rising Stars of Retirement Plan Advisory 2008 - Doing Well By Doing Good (Page 7) The 20 Rising Stars of Retirement Plan Advisory 2008 - Doing Well By Doing Good (Page 8) The 20 Rising Stars of Retirement Plan Advisory 2008 - Doing Well By Doing Good (Page 9) The 20 Rising Stars of Retirement Plan Advisory 2008 - The Post-PPA Bounce (Page 10) The 20 Rising Stars of Retirement Plan Advisory 2008 - The Post-PPA Bounce (Page 11) The 20 Rising Stars of Retirement Plan Advisory 2008 - Automatic Enrollment vs. Managed Account (Page 12) The 20 Rising Stars of Retirement Plan Advisory 2008 - Automatic Enrollment vs. Managed Account (Page 13) The 20 Rising Stars of Retirement Plan Advisory 2008 - Automatic Enrollment vs. Managed Account (Page 14) The 20 Rising Stars of Retirement Plan Advisory 2008 - Automatic Enrollment vs. Managed Account (Page 15) The 20 Rising Stars of Retirement Plan Advisory 2008 - Unfair Advantage? You Bet (Page 16) The 20 Rising Stars of Retirement Plan Advisory 2008 - Unfair Advantage? You Bet (Page 17) The 20 Rising Stars of Retirement Plan Advisory 2008 - Unfair Advantage? You Bet (Page 18) The 20 Rising Stars of Retirement Plan Advisory 2008 - Unfair Advantage? You Bet (Page 19) The 20 Rising Stars of Retirement Plan Advisory 2008 - The New World Order (Page 20) The 20 Rising Stars of Retirement Plan Advisory 2008 - The New World Order (Page 21) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 22) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 23) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 24) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 25) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 26) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 27) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 28) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 29) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 30) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 31) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 32) The 20 Rising Stars of Retirement Plan Advisory 2008 - 20 Rising Stars of Retirement Plan Advisory (Page 33) The 20 Rising Stars of Retirement Plan Advisory 2008 - Mentors’ Page (Page 34) The 20 Rising Stars of Retirement Plan Advisory 2008 - Mentors’ Page (Page Cover3) The 20 Rising Stars of Retirement Plan Advisory 2008 - Mentors’ Page (Page Cover4)
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