How do employers prepare for the future as they try to help employees save for their own futures? Arnerich Massena’s institutional team helps answer a few questions and provide guidance to retirement plan sponsors in the March issue of Oregon Business Magazine. With this issue highlighting Oregon’s 100 Best Companies to Work For, it’s a perfect opportunity to provide those companies with some advice on their retirement plans.
“Employees are faced with many difficult decisions, and having to manage their retirement plan is a lot to ask of them. There are numerous plan design features that can make saving, investing, and overall decision-making easier for participants, ultimately resulting in better participant outcomes,” the article notes. The team suggests that one of the most important pieces of advice they can offer to plan sponsors is to seek assistance from experts. “The industry has shifted so much and the landscape is constantly evolving…The level of skill, sophistication, and knowledge required to manage a retirement plan is often beyond the scope of what an employer can do. As a fiduciary, one of the best actions you can take for your plan is to find experts to help.”
Check out your March Oregon Business Magazine, or read the complete article, “Bringing Your Company’s Retirement Plan Into the Future,” here.