Professor Richard Thaler’s Nobel Prize in Economics for his work in behavioral economics is also a Nobel Prize for retirement savers—for the millions of individuals helped by his ideas and as a result on their way to a better financial future.
In June 2017, Vanguard issued the first How Australia Saves. Investment behavior is similar worldwide. Investors who choose professionally managed allocations have reduced the dispersion of risk and return vs. self-directed investors.
Learn about Vanguard’s new participant homepage, which makes it easier for participants to understand what they have, what it means, and what they should do next.
This blog discusses creating a cadence for planwide events. Margaret Rux, head of Vanguard Strategic Retirement Consulting, says a schedule of reenrollments and sweeps can improve plan participation rates and help get participants into age-appropriate investments.
Michael Palazzi, senior DC investment strategist, Vanguard Defined Contribution Advisory Services, shares how a “vanilla” TDF portfolio construction can be the best option for plan participants.
Should your defined-contribution retirement plan serve employees to retirement or through retirement? For sponsors interested in the lifetime approach, the head of our institutional business explains five plan design options.