NAPA Net - Polling Places 042619

Are Your Plan Sponsors (More) Interested in Retirement Income?

A new survey finds a massive shift in sentiment toward retirement income solutions – this week. The survey – of the “largest and mid-sized 401(k) consultants and advisors” was reported by fixed income money manager PIMCO – and it claims that “nearly two-thirds of respondents believe plan sponsors want to continue serving participants after they retire, up 14% from the previous year. Moreover, it notes that two-thirds of respondents recommend that plan sponsors offer a retirement income tier to serve retirees, packaged with a variety of retirement income solutions, in contrast to a single, all-in-one solution.

Question Title

* 1. Are your plan sponsor clients/prospects interested in retirement income solutions?

Not really.

Some are.

No.

Yes.

Comments on that interest?

Question Title

* 2. Are your plan sponsor clients/prospects more interested in retirement income solutions than they were a year ago?

No.

Some are.

Not really.

Yes.

Comments on that change/lack of change in interest?

Question Title

* 3. Are you recommending retirement income solutions to your plan sponsor clients/prospects?

Yes.

Every chance I get.

Not really.

Depends on the client/prospect.

No.

Any comments?

Question Title

* 4. Are you recommending retirement income solutions more/differently to your plan sponsor clients/prospects than you were a year ago?

Definitely - less.

Not sure.

Not really.

Definitely - more.

Only where it seems appropriate.

Only because some seem to want to know more.

Any comments?

Question Title

* 5. Regardless of the level of interest, are you seeing any trends with regard to retirement income options?

If anything, less interest.

More interest, but no more adoption.

Things pretty much status quo.

More interest, more adoption.

No more interest than previously.

Something else?

Question Title

* 6. Any other comments about retirement income, retirement income interest, surveys about retirement income interest, trends in retirement income interest, adoption of retirement income solutions, trends in the adoption of retirement income solutions, or life in general?

Question Title

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

Advisor

Provider

TPA

Plan sponsor

Recordkeeper

Other (please specify)

Question Title

* 8. 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

* 9. Suggestions for future survey questions?

Question Title

* 10. 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...