Retirement Technology...• Partnering with governments, civil society organizations, the private sector and communities leads to success. Christopher Ceder Head of Americas Retirement

Retirement Technology

Ketul ThakerNational Director

MassMutual Financial Group

The evolution of employee benefits

SUBSIDIZER ENABLER

HEALTHCARE

RETIREMENT

EMPLOYER

Employers provide healthcare benefits during WWII Employer sponsored plans & gov’t

managed care High deductible healthcare plan & employee wellness

DB + DC + Social Security

Cash Balance + DC + Social Security

Defined contribution plan + Social Security

Shifting risk from employer to employee

Employees need help…

SM

Stew CohenConsultant/Plan Sponsor

FHI360

FHI360

• FHI 360 envisions a world in which all individuals and communities have the opportunity to reach their highest potential.

• To improve lives in lasting ways by advancing integrated, locally driven solutions for human development.

FHI360• A 360-degree perspective is required to address

complex human development needs.• Sustainability comes from building the capacity of

individuals, communities and countries to address their needs.

• The key to improving lives is in generating, sharing and applying knowledge.

• Partnering with governments, civil society organizations, the private sector and communities leads to success.

Christopher CederHead of Americas Retirement

and Personal Finance ProgramsGoldman Sachs

GS 401(k) Plan / Personal Finance Center• Goldman Sachs 401(k) Plan

– $7.5 billion in assets– ~33K participants / ~16K active – 92% participation rate– Safe harbor plan with company match up to 4% of total compensation

• Personal Finance Center (launched in Sept 2015)– ~11k (~68%) employees accessing PFC– ~6.5k Your Financial Dashboard users – 10+ integrated service providers (2,000+ annual referrals) – ~6k online Learning Center users

Your Financial DashboardIntegrated Financial Experience

• Automatic GS Data Feeds

• Automate Tracking Your Spending / Cash Flow

• Organize Financial Information

• Retirement Gap Analysis Reports

Barbara KontjeDirector Retirement and Smart Saving

American Express

Retirement Savings Plan• Retirement Savings Plan (RSP)

– $5.3 billion in assets– 32,500 participants/20K active – 88% participation rate– Company match up to 6% of total pay (base plus overtime & incentives)– Annual discretionary profit sharing contribution – Average employee deferral of 8.7% of total pay– Default investment in target-date retirement fund– Automatic Enrollment with automatic increase - new hires effective January 1, 2017

Jean SetzfandSenior Vice President of Programs

AARP

AceYourRetirement.org - What & Why?

• AARP & the Ad Council created a multi-channel public service advertising campaign to motivate and empower Americans to save more for retirement

• The campaign targets people in their late 40’s-50’s, with HHI of $40k-$99k and access to an employer-sponsored plan

What Makes AceYourRetirement.org Unique?

• Interactive digital experience featuring Avosm , our friendly digital retirement coach

• 3-minute experience resulting in a personalized retirement savings action plan

• Free, educational resource

AceYourRetirement.org Results + Future• Since July 2017, AceYourRetirement.org has garnered

over 300K sessions and a chat completion rate of 17%

• The campaign and Avo have been featured in USA Today, the Philadelphia Inquirer and Dr. Phil.

• In 2018, AARP and the Ad Council are continuing national media distribution of the campaign, launching an email nudge program and exploring partnerships to increase conversions and further raise awareness

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THANK YOU.

Slide Number 1Slide Number 2Slide Number 3Employees need help…Slide Number 5Slide Number 6Slide Number 7Slide Number 8Slide Number 9FHI360FHI360Slide Number 12GS 401(k) Plan / Personal Finance CenterYour Financial Dashboard�Integrated Financial Experience�Slide Number 15Retirement Savings PlanSlide Number 17AceYourRetirement.org - What & Why?What Makes AceYourRetirement.org Unique?Slide Number 20AceYourRetirement.org Results + FutureSlide Number 22Slide Number 23