DCIIA Retirement Research Center

How can we improve annuity literacy across diverse knowledge spectrums? (Part Two) This week's Research Minute is the second part of a series from Qi Sun, delving into the complexities of education strategies aimed at helping participants understand guaranteed lifetime income (GLI) solutions based on their varying levels of financial knowledge. Check out both Part 1 and Part 2 on our website: https://lnkd.in/e4RcfF2c

Have you seen our recent publications? Check out “Retirement Income Solutions: Recordkeeper Study" (https://lnkd.in/esh4JrEv) -- a joint initiative with the DCIIA Retirement Income Committee, and the RRC Private Label report "Unlocking DC Participant Demand for Sustainable Investing" (https://lnkd.in/erMvRsEt -- summary report is available to all, full report is available for purchase).

How can we improve annuity literacy across diverse knowledge spectrums? In Part One of this two part series from guest contributor Qi Sun, findings from the recent OASDI Trustee Report investigate whether DC participants' general financial knowledge, including both their self-assessed knowledge levels and objective test scores, affects their comprehension of annuity products. Read the full minute here: https://lnkd.in/e7wCWXf9

The RRC’s Pam Hess and Warren Cormier both spoke at the recent PLANSPONSOR National Conference in Chicago; Pam on "Equity in Retirement Benefits" and Warren on "Swift Investment Changes.” PLANSPONSOR Editors PLANSPONSOR Photo credit: Matt Kalinowski, www.mattkalinowski.com Pamela Hess Warren Cormier

What are DC participants' perceptions of sustainable investing? Read part 2 of this Research Minute series, where DCIIA's Private Label, AARP, and Natixis Investment Managers uncover the impressions and emotions that sustainable investing concepts have on plan participants. Read the full #ResearchMinute here: https://lnkd.in/eUyHDbdK Access the replay and slide deck from the related webinar here: https://lnkd.in/gRWz8VV

Is there DC participant demand for sustainable investing? DCIIA Retirement Research Private Label, AARP Public Policy Institute, and Natixis recently completed a syndicated study to address the knowledge gap between participants’ attitudes, awareness, and demand for sustainable investment options in their DC plan. #ResearchMinute Read more about this survey's key findings on our website: https://lnkd.in/eV9dttXs

Do we have retirement fluency in the U.S.? Guest contributor Paul Yakoboski brings new insights to this week's #ResearchMinute from the 2024 TIAA Institute-GFLEC Personal Finance Index (P-Fin Index). This study assessed retirement fluency in addition to financial literacy in US adults. Read the full minute on our site: https://lnkd.in/eSDP59zj

How can employers and service providers best support caregivers' ability to save for their children’s education? Recent research from the RRC and Commonwealth found that employer-sponsored 529 plans may be a feasible tool to build long-term college savings for caregivers earning LMI, if paired with an emergency savings solution and supported with financial education. Learn more from this week's #ResearchMinute on our website. https://lnkd.in/eKdVi9pB

The RRC's Pam Hess and Warren Cormier will be speaking on June 6th at the PLANSPONSOR National Conference in Chicago. Pam will be speaking on the "Equity in Retirement Benefits" panel and Warren on "'Swift' Investment Changes." https://lnkd.in/ehyNANKm PLANSPONSOR Editors PLANSPONSOR

Saver’s Match Could Benefit Participants and Sponsors Implementing the Saver’s Match may benefit plan sponsors in multiple ways, finds the Collaborative for Equitable Retirement Savings, a research partnership of Morningstar DCIIA Retirement Research Center and The Aspen Institute