Transforming 2024 Insights Into 2025 Action

When thinking about retirement planning in 2025, it’s crucial to stay ahead of the curve in the evolving landscape of retirement. Our 2024 “Retirement Insights” series delved into several key areas, including retirement plan design and strategy, legislative and regulatory changes, and innovative retirement income solutions. Each article offers valuable perspective and actionable strategies that can help you refine and enhance your retirement business.

It is a great time to be a retirement plan advisor, in our view. Our business is robust and growing. The number of American workers we can serve is increasing.

Below are some highlights on how to leverage our insights for your success. Dive into the links below to discover how to leverage these insights to implement a robust and forward-thinking strategy for 2025.

Retirement plan design and strategy

Navigating the next normal in the retirement industry (June 2024). Focuses on customized plan design and client engagement.

  • Insights into 2025 action: This article emphasizes the impact of plan design on participant outcomes, the need holistic participant engagement (budgeting, emergency savings and financial wellness), and adaptability to the changing needs of retirement plan sponsors and savers.
  • Retirement plan advisers can set themselves apart by crafting a 2025 value proposition statement that addresses their approach for each of these issues.

The pecking order of 401(k) plan design: A bird’s eye view (August 2024). Emphasizes the importance of prioritizing plan design over investments.

  • Insights into 2025 action: We believe plan design is a key component of workplace success, that third-party administrators (TPAs) should be consulted as needed, and the tax-deductible nature of plan expenses may be appealing to business owners.
  • Plan advisors who employ a partnership approach with record-keepers, TPAs, and asset managers may have an advantage over those who take a siloed approach.