Many small and mid-sized businesses are missing out on the benefits of group retirement plans – and advisors have the power to change that. In this episode, Courtney Proudfoot joins Carolyne and Rahim to share insights on the importance of financial education for employees and to discuss strategies for engaging both plan sponsors and members… Unlocking new opportunities in the SMB retirement market.
What you will learn:
- Many small and mid-sized companies lack group retirement plans, presenting a chance for advisors to educate clients.
- Employee feedback is crucial in determining the need for retirement plans.
- Financial education is essential for employees to understand the value of retirement savings.
- Advisors should simplify the enrollment process for employees to encourage participation.
- Regular communication and education sessions can help alleviate employee concerns about retirement planning.
On this Episode:
- Carolyne Eagan, Benefits Alliance
- Rahim Peera, Penmore
- Courtney Proudfoot, Steve Kidd Employee Benefits Consulting Inc.
Listen Now: BA Voice Episode 035:
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