The Corporate Insight Blog provides our clients with current and upcoming digital trends, news, and insights across financial services industries on variety of digital topics including mobile finance, social media, online financial platforms, user experience best practices and other hot-button tech issues.
The notion that one million dollars makes you rich is a prevalent, yet dangerous one. If you were to spend like the Barenaked Ladies, you would be a homeowner with a Picasso collection, full-time limousine driver and band of exotic pets. But if you make six figures a year and are hoping to maintain your […]
Financial wellness was identified by our Retirement Plan Monitor research service as one of the most prominent trends in the digital participant experience since the start of 2016, and was the focus of both the February and March reports. This trend extends far beyond just the digital participant experience however, and was easily among the […]
Findings from Corporate Insight’s 2016 DC Plan Participant Survey indicate that most 401(k) plan participants are optimistic about their retirement outcomes. As we discussed in April, however, this high degree of confidence is largely unfounded considering that many participants are not saving enough and are ill-informed about retirement planning. Women in particular are especially vulnerable […]
A well-designed homepage is among the most essential components of an effective retirement plan sponsor digital experience. As the front door of a plan sponsor portal, a homepage should communicate an assortment of critical plan information and illustrate the overall health of the plans that sponsors administer in a direct and intuitive manner. An effective […]
The decline of traditional pensions, increase in life expectancy and potential for a low returns environment over the coming decades mean that many Americans will need to supplement the retirement income they can expect from Social Security and employer-sponsored plans to adequately prepare for retirement. Consumers currently have the option to choose from a number […]
Last week, Corporate Insight attended the LIMRA Retirement Conference. The tenor of this year’s conference was strongly affected by the uncertainty surrounding the DOL fiduciary rule, although most firms already have plans underway for meeting the new standards. As one speaker remarked, DOL stands for “Document or Litigate.” The need for firms to adjust compliance […]
Scottrade recently released a retirement study that explores investors’ attitudes toward retirement, financial advice and the (yet to be implemented) fiduciary rule. The study found that 85% of investors are at least somewhat confident that they will have enough money to retire comfortably, with Seniors (70+) most likely to say they are extremely confident. Corporate […]
Vanguard Retirement Plan Access, the firm’s 401(k) offering for small and mid-sized plans, recently overhauled its plan sponsor site. Vanguard introduced a more streamlined, intuitive navigation structure and an aesthetically appealing design that matches the participant website. Together, these enhancements make for a more modern and user-friendly digital experience. Vanguard revamped its small and mid-sized […]
Vanguard recently unveiled its new participant website, Vanguard Retirement Plan Access, its 401(k) offering for small and mid-sized plans. The firm introduced a revamped homepage, consolidated main menu and new site design. The new homepage clearly communicates key participant data and houses the firm’s updated Retirement Outlook tool. Its selection of quick links, coupled with […]
In recent months, numerous industry experts have voiced the opinion that stock market returns will continue to fall, not only over the short term but consistently over the coming decades. This has significant implications for millennials, many of whom are already struggling to save adequately for retirement in the face of more immediate financial concerns […]