NAPA Net - Polling Places 103015

What's the Most Impactful Retirement Savings Innovation(s)?

There are so many things that have made it easier for Americans to save for retirement – and for advisors to help Americans save for retirement. This week – weigh in anonymously on what you think have been the most important innovation(s).

Some of the innovations are rather new – and some, while old in concept, are only just beginning to have an impact. Some arguably have been little more than a distraction, while others? Well, it’s hard to imagine our current retirement system without them.

Question Title

1. 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

2. Which do you think has been the most impactful retirement savings innovation?

Custom target-date funds

Roth 401(k)

Daily valuation

Collective investment trusts (CITs)

ERISA Budget accounts

QDIAs

Gamification tools to encourage participants to save more

408(b)2 disclosures

Fee policy statements

Education policy statements

Robo-advisors

Target-date funds

Expansion of 3(16) fiduciary role

Exchange-traded funds

Stretch matches

Automatic enrollment (sanctioned by PPA)

Revenue-sharing

Self-directed Brokerage Accounts

The Internet

QLACs

Retirement income estimates on participant statements

Multiple Employer Plans (MEPs)

Managed accounts

Reenrollment/backsweeping

EZ-Enrollment

In-Plan retirement income solutions

MyRA

Savers' Credit

Other (please specify)

Question Title

3. Ten years from now, which do you think will be considered the most impactful retirement savings innovation?

Target-date funds

Roth 401(k)

EZ-Enrollment

Managed accounts

MyRA

Self-directed Brokerage Accounts

Custom target-date funds

In-Plan retirement income solutions

Stretch matches

408(b)2 disclosures

Robo-advisors

Automatic enrollment (sanctioned by PPA)

Savers' Credit

Fee policy statements

Expansion of 3(16) fiduciary role

Retirement income estimates on participant statements

Revenue-sharing

QDIAs

QLACs

Gamification tools to encourage participants to save more

Collective investment trusts (CITs)

ERISA Budget accounts

Education policy statements

Multiple Employer Plans (MEPs)

The Internet

Reenrollment/backsweeping

Exchange-traded funds

Daily valuation

Other (please specify)

Question Title

4. Comments on innovations, things considered at one time to be innovations, their impact (or lack thereof), and the things that we still need to develop as innovations?

Question Title

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

Question Title

* 2. Which do you think has been the most impactful retirement savings innovation?

Question Title

* 3. Ten years from now, which do you think will be considered the most impactful retirement savings innovation?

Question Title

* 4. Comments on innovations, things considered at one time to be innovations, their impact (or lack thereof), and the things that we still need to develop as innovations?

Question Title

* 5. Suggestions for future survey questions?

1. What size plans do you PRIMARILY work with?

2. Which do you think has been the most impactful retirement savings innovation?

3. Ten years from now, which do you think will be considered the most impactful retirement savings innovation?

4. Comments on innovations, things considered at one time to be innovations, their impact (or lack thereof), and the things that we still need to develop as innovations?

5. Suggestions for future survey questions?