The Plan Sponsor Council of America has added a mobile app that provides access to current PSCA knowledge resources for industry professionals, including plan sponsors, managers, fiduciaries and participants.

The app, called the PSCA Mobile Knowledge Center, is available free for all mobile devices at psca-mobile.org. It allows users to access a range of information and other resources about qualified and nonqualified plans.

In addition to a sampling of audio podcasts covering plan design, administration, investments, compliance, education and communication and other general information, the app provides users with the means to sample the most current PSCA survey research or articles from DC Insights, PSCA's quarterly publication, as well as from additional publications.

Details about upcoming PSCA events are available via the app, as is overview information about PSCA and PSCA membership and PSCA contact information.

Interested sponsors can access, and add the app's shortcut to their phones, at the website. Content will be added as it becomes available to keep users up to date on the latest industry data.

The PSCA is not alone in turning to technology to help plan sponsors and plan participants. Many retirement plan providers as well as financial industry third parties are creating apps that help motivate saving in many ways, from offering insights into financial behavior to providing scenarios for imagining one's future retirement situation to making retirement saving a game.

No less than the Senate Special Committee on Aging has examined the use of technology to help in retirement saving, saying before its June 2016 hearing that “many new apps and programs have the potential to leverage behavioral economics to steer people to desired savings outcomes and help to improve their financial literacy. By both educating individuals and encouraging them to make better choices with their money, the financial technology sector has the potential to continue increasing Americans' engagement with retirement accounts in new ways.”

Instant Insights /

Mobile app offers retirement plan resources

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