NAPA Net - Polling Places 102017

What Are You Doing About Financial Literacy?

We had a great response to our reader poll on financial literacy - and some strong reader interest on knowing more about how/if you are integrating this into your practice.

Question Title

* 1. Do you provide – directly or via a partner – financial literacy training in the workplace?

Yes, through a partner

Not generally, but have when asked

No.

Yes

Something else (please specify)

Question Title

* 2. Do you provide – directly or via a partner – financial literacy training outside the workplace (say via Junior Achievement, programs in local school/college)?

Yes, through a partner

No.

Not generally, but have when asked

Yes

Something else (please specify)

Question Title

* 3. What financial literacy topic(s) do you cover in that training (check all that apply)?

Budgeting

Checkbook balancing

Investing

Financial planning

Basic finance

Something else (please specify)

Question Title

* 4. How are you providing that training (check all that apply)?

Provider tools (such as calculators)

Group counseling

Special software

One-on-one education

Something else (please specify)

Question Title

* 5. Are these programs PRIMARILY done at your instigation, or are employers asking about them?

Employees are asking about them

A little of both

Our/my instigation

Employers are asking about them

Something else (please specify)

Question Title

* 6. Generally speaking, have you seen any change in interest in financial literacy training over the past two years?

Yes, interest has decreased, but primarily among larger employers.

No, interest levels have remained pretty consistent.

Yes, interest has increased, but primarily among larger employers.

Yes, interest has decreased, but primarily among smaller employers.

Yes, interest has increased, but primarily among smaller employers.

Yes, interest has decreased.

Yes, interest has increased.

Something else (please specify)

Question Title

* 7. Any other comments about financial literacy programs in the workplace, working with financial literacy programs in the workplace, the need for financial literacy programs in the workplace, the lack of financial literacy programs in the workplace, or life in general?

Question Title

* 8. What is your role working with retirement plans?

Advisor

Provider

TPA

Plan sponsor

Recordkeeper

Other (please specify)

Question Title

* 9. What size plans do you PRIMARILY work with?

Under $10 million in assets

$10-$20 million

$20-$50 million

$50-100 million

$100 million - $250 million

$250 million - $500 million

Above $500 million

Other (please specify)

Question Title

* 10. Suggestions for future survey questions?

Question Title

* 11. All responses are anonymous and confidential, of course - but if you'd like me to know who you are, or allow for a response, you can leave your email below...