Search for tag:  "behavioral finance"

Hershey’s Merkt talks about online nudges

From  Mark Goodrich 3 Years ago

Dave Merkt, senior manager of retirement plans and global total rewards at Hershey Co., explains how the candy company uses so-called nudges to help participants learn about their retirement plans and make recommendations to achieve targeted outcomes.

Moshe Milevsky explains how annuities can be added to defined contribution plans

From  Mark Goodrich 3 Years ago

York University professor Moshe Milevsky provides a “crash course” on what DC executives need-to-know about deferred and immediate life annuities as well as related investment theories, to make informed decisions and allocations.

Laurie Rowley: Why communications are so important for DC plans

From  Mark Goodrich 3 Years ago

NARPP co-founder Laurie Rowley explains how communications are important in building trust for participants.

Punam Keller: How enhanced active choice can compliment auto enrollment

From  Mark Goodrich 3 Years ago

Dartmouth College professor Punam Keller explains how plans with auto enrollment can also use enhanced active choice.

From academia to plan design: How behavioral finance is changing defined contribution plans

From  Mark Goodrich 3 Years ago

Unhappy with plan participation rates, Ohio Deferred Compensation Executive Director Keith Overly looked to behavioral finance for guidance. Mr. Overly, who first became interested in behavioral finance after meeting pioneering behavioral economist Richard Thaler almost a decade ago, utilized the…

Punam Keller: Why behavioral finance is critical to DC plans

From  Mark Goodrich 3 Years ago

Dartmouth College professor Punam Keller explains some of the behavioral barriers preventing people from enrolling in defined contribution plans.

Rob Austin: Behavioral finance doesn't end with auto enrollment

From  Mark Goodrich 3 Years ago

Most plans no longer use opt-in forms. About 60% of plans are using auto enrollment instead, according to Rob Austin, Aon Hewitt's director of retirement research. Auto enrollment is based on behavioral finance, and plans need not stop using behavioral theory once participants are enrolled, Mr.…