NASHVILLE — Getting people to save enough for retirement—it’s asimple-sounding goal. But it’s not at all easy to execute, threepanelists at a session at the NAPA 401(k) Summit made clear. Howhard do you nudge participants to save? How do you educate them?And what about plan sponsors—how hard do you push them?
“As advisors we’re judged by how well the participation in theplan is,” said Randall Long, Managing Principal, Sageview AdvisoryGroup. “Inertia is the greatest issue in this industry, gettingpeople to save for retirement.”
How to deal with it?
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