Photo: AP

NASHVILLE — Getting people to save enough for retirement—it’s a simple-sounding goal. But it’s not at all easy to execute, three panelists at a session at the NAPA 401(k) Summit made clear. How hard 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 the plan is,” said Randall Long, Managing Principal, Sageview Advisory Group. “Inertia is the greatest issue in this industry, getting people to save for retirement.”

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