250 episodes

The 401(k) Fridays Podcast features a weekly conversation with an expert guest to help employers and their service partners keep up with workplace retirement plan topics and trends. Listen today, improve your retirement plan tomorrow!

401(k) Fridays Podcast Rick Unser

    • Business
    • 4.7 • 72 Ratings

The 401(k) Fridays Podcast features a weekly conversation with an expert guest to help employers and their service partners keep up with workplace retirement plan topics and trends. Listen today, improve your retirement plan tomorrow!

    Creating a Foundation for Financial Wellness

    Creating a Foundation for Financial Wellness

    It’s been a little while since we tackled financial wellness, there has been a lot going on in that area so I was glad to be able to connect with Brent Hines, the co-founder and Chief Development Officer of the educational non-profit, Foundation for Financial Wellness. The Foundation’s mission is to improve people’s lives by empowering them with the knowledge and the motivation to take control of their financial lives. During our conversation, we compare definitions of financial wellness, talk about how to design and deliver effective programs with employers and discuss training and certification programs for employers and the industry.
     
    For additional information we discussed in the episode, here is the link for Brent's Tedx Talk and the Financial Wellness Professional Certification program. 
     
    Great stuff, and I hope you enjoy!
     
    Guest Bio
    Brent Hines is the co-founder and Chief Development Officer of the educational non-profit, Foundation for Financial Wellness. The Foundation’s mission is to improve people’s lives by empowering them with the knowledge and the motivation to take control of their financial lives.  The Foundation’s curriculum is rooted in the principles of Behavioral Finance which makes every class topic taught by the Foundation unique, innovative, and extremely valuable.
    Brent’s vision has led to the expansion of the Foundation’s curriculum, delivery, and effectiveness.  Some of today’s most popular class topics are budgeting, debt elimination, insurance, investments, retirement, taxes, and life & legacy planning.
    Brent regularly delivers keynote addresses on behalf of The Foundation for Financial Wellness, bringing motivational presentations to corporations, workforce boards, churches, groups, and associations offering real-world financial solutions to thousands of individuals and the organizations of which they are members.
     
    401(k) Fridays Podcast Overview
    Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 250 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode every other Friday!

    • 50 min
    401(k) Auto Features: The Good, Bad & Ugly

    401(k) Auto Features: The Good, Bad & Ugly

    Every now and then you have a guest that like Prince, or Cher, that simply needs one name to know who they are. Today, I am happy to welcome Shlomo, more formally known as Dr. Shlomo Benartzi, Professor Emeritus, UCLA Anderson, Founder and CEO, PensionPlus. We dive into the compelling and complex topic of the good, the bad and the ugly of auto everything in retirement plans. As implied, auto features are powerful, but may or may not be the best solutions to everything. Love to hear what you agree or disagree with, please share and leave your comments on LinkedIn. I learned a lot, hope you do as well!
     
    Guest Bio
    Shlomo Benartzi is a behavioral economist interested in combining the insights of psychology and economics to solve big societal problems. He works on creating digital nudges that leverage technology to achieve massive scale and help millions make better financial decisions. He received a Ph.D. from Cornell University’s Johnson Graduate School of Management and is currently a professor emeritus and co-founder of the Behavioral Decision-Making Group at UCLA Anderson School of Management. He is also a Distinguished Senior Fellow at the Wharton Behavior Change for Good Initiative.
     
    Benartzi’s work has demonstrated the potential for far-reaching improvement. Along with Nobel Laureate Richard Thaler of the University of Chicago, he pioneered the Save More Tomorrow™ (SMarT) program, a behavioral prescription designed to nudge employees to increase their savings rates gradually over time. In their original research, Benartzi and Thaler found that SMarT increased employee savings rates from 3.5 percent to 13.6 percent. The SMarT program is now offered by more than half of the large retirement plans in the U.S. and a growing number of plans in Australia and the U.K. The program has also been incorporated into the Pension Protection Act of 2006, enabling approximately 15 million Americans to boost their retirement savings.
     
    To help bridge the gap between academic research and the real world, Benartzi has worked with many financial institutions and served on multiple advisory boards. He is currently a senior academic advisor for the Voya Behavioral Finance Institute for Innovation, Acorns, Blast, Lili, Personal Capital and Wisdom Tree.
     
    401(k) Fridays Podcast Overview
    Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 250 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode every other Friday!

    • 1 hr 2 min
    Pooled Employer Plans, Canaries & Managed Accounts

    Pooled Employer Plans, Canaries & Managed Accounts

    I am happy to welcome back another guest who seemingly had predictive powers in prior episodes to briefly reflect on that prediction and give his crystal ball another look. Joining me is Jason Roberts, CEO of Pension Resource Institute and Retirement Law Group and managing partner at Group Plan Systems. Jason also shares input on evaluating some services plan sponsors use that are tougher to compare than say a large cap growth fund. Lot’s of food for thought today, I hope you get as much out of the conversation as I did. 
     
    Coming up on the podcast, we are going to delve into the conversation of whether auto everything works in retirement plans, check in on the markets and economy and much more. If you have ideas for a future guest or topic, please send me a message on LInkedIn and we will take it from there. 
     
    Guest BIo
    Jason C. Roberts is an attorney who focuses on the intersection of tax, ERISA and securities laws and regulations.  He is the founder and CEO of Pension Resource Institute, LLC (PRI) – a consulting firm that helps banks, broker-dealers and investment advisers with compliance, training and practice management focused on serving retirement investors.  Jason is also the founder and managing partner of Retirement Law Group (RLG) – a law firm for plan sponsors, investment professionals and service providers concerning all aspects of retirement-related products and services – and a founder and managing member of Group Plan Systems (GPG) – a professional, independent fiduciary services organization that administers and serves as a “named fiduciary” for employer-sponsored retirement plans.
     
    Prior to founding PRI, RLG and GPS, Jason was a partner and co-chair of the Financial Services Group at a leading ERISA law firm and the head of the Investment Fiduciary practice for a national securities law firm.
     
    Jason has published numerous articles focusing on ERISA and securities compliance, fiduciary best practices and is a frequent speaker at retirement plan and financial industry conferences. He is a contributing author and faculty member for the Practicing Law Institute, has been repeatedly recognized as one of the “100 Most Influential in Defined Contribution” by the 401(k) Wire and a “Rising Star” by SuperLawyers Magazine.  Jason was also selected by InvestmentNews as one of the “Top 40 Advisors & Associated Professionals under 40” and was tapped by the Wall Street Journal for its Ask the Experts series, answering readers’ questions relating to Department of Labor Fiduciary Regulations.
     
    Jason received his B.S.B.A in Finance and Banking from the University of Missouri and his J.D. from UCLA Law School.
     
    Outside of work, you can find Jason fishing offshore, gardening, tending a wide range fresh citrus in his grove, cooking, and spending time with his wife, Val, and children, Lola and Spencer.
     
    401(k) Fridays Podcast Overview
    Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 225 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode every other Friday!

    • 1 hr 1 min
    Thoughts on Market Declines, Parity of Returns & V-Shaped Recoveries

    Thoughts on Market Declines, Parity of Returns & V-Shaped Recoveries

    If you hadn’t noticed, 2022 hasn’t produced the best results in the financial markets. The questions on everyone’s mind are how did we get here and what’s next? To delve into those and many other questions I am happy to welcome back Rich Weiss, Senior Vice President and Chief Investment Officer overseeing the Multi-Asset Strategies Division at American Century Investments. Personally, I’m glad we were able to pry him away from CNBC, Bloomberg TV or Fox Business News to share his timely insights! A quick warning, everything we discuss is not puppy dogs and rose petals. I strongly believe in workplace retirement plans, the power of dollar cost averaging, and the long term health of the market. However, these are challenging and unique times in the market and the economy. I felt steering into some of that would be worthwhile.
     
    If you have been enjoying the podcast, please leave a rating or review on your favorite podcast app, that helps the infamous algorithms and grows the audience. Enjoy! 
     
    Guest Bio
    Richard Weiss is senior vice president and chief investment officer, Multi-Asset Strategies for American Century Investments.
    Mr. Weiss oversees the team that manages the firm's multi-asset strategies, including the One Choice (Target Risk and Target Date) Portfolios®, Strategic Allocation and investments offered in the Learning Quest® 529 Education Savings Program. He also serves as a member of the American Century Investments Asset Allocation Committee, which is responsible for establishing investment policy and reviewing investment decisions for all of the firm's multi-asset products.
    Prior to joining the firm in 2010, Mr. Weiss was executive vice president and chief investment officer of City National Bank, where he was responsible for the bank's investment management group and directed investment policy and strategy. Previously, he was executive vice president and chief investment officer at Sanwa Bank California, where he managed all aspects of their investment department. Earlier in his career, Mr. Weiss held senior investment positions at Vantage Global Advisors, TSA Capital Management, PaineWebber and Mellon Bank.
    An investment veteran with over 35 years of experience, Mr. Weiss holds a bachelor's degree in finance from the Wharton School at the University of Pennsylvania and an MBA from the University of Chicago. He has authored several academic papers and is well known for his advanced work in the field of global investing. Mr. Weiss is also a frequent guest on CNBC, Bloomberg Television, Fox Business and Bloomberg Radio.
     
    401(k) Fridays Podcast Overview
    Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 225 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode every other Friday!

    • 1 hr 4 min
    Rising Rates, Inflation & The Future of "Cash" In 401(k) Plans

    Rising Rates, Inflation & The Future of "Cash" In 401(k) Plans

    Today, I am excited to launch the fall series of episodes and we start with stable value investments. My guest is Steve Horner, CFA and Portfolio Manager in the Corporate and Tax-Exempt Credit group within Fixed Income at Putnam Investments. With the historic interest rate hikes, surging bond yields and talk of recession Steve shares what all this means for stable value funds. We also hit on some of the basics around what a stable value fund is, how they work and a few tips to evaluate and understand what is going on under the surface. We also delve into some more technical elements like wrap insurance and put provisions. Good stuff, I learned a lot and hope you do as well!
    Guest Bio
    Mr. Horner is a Portfolio Manager in the Corporate and Tax-Exempt Credit group within Fixed Income,focusing on Putnam's Stable Value portfolios. He manages stable value, general account insurance, structured investment-grade, absolute return, and multi-sector fixed-income portfolios. Mr. Horner is responsible for portfolio construction, fiduciary oversight, and the communication of investment team decisions on policy, strategy, and tactics to Putnam's fixed income clients. He joined Putnam in 1997 and has been in the investment industry since 1991.
    401(k) Fridays Podcast Overview
    Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 225 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode every other Friday!

    • 59 min
    401(k) M&A Mania: Beginning of the End, or Just The Beginning?

    401(k) M&A Mania: Beginning of the End, or Just The Beginning?

    This week, we tackle M&A Mania in the retirement space. My guest is Dick Darian, Founding Partner of the Wise Rhino Group, a firm dedicated to working with both buyers and sellers in the retirement market. We hit on what he sees coming in the M&A market after a torrid pace for the last several years. We also cover the what Dick sees as the driving forces behind the M&A activity that are of interest for both employers and the broader retirement industry alike. Dick also makes some controversial comments that everyone should find of interest. Great stuff and I hope you enjoy!
     
    Guest Bio
    Dick Darian leads Wise Rhino Group's work with clients on valuation, sell and buy-side execution, pre and post-sale strategy, as well as buy/sell/merger or affiliate strategies. His unique macro analysis and foresight in the retirement industry have him featured often in well-known industry publications.
     
    Dick lives in Charleston SC with his wife Mary and various four-legged friends. He enjoys spending time with family above all, especially his five grandchildren. Since relocating from the New York area in 2017, he has begun working with The College of Charleston assisting with classes within the business school's entrepreneurial program.

    Dick’s interests beyond family and business include traveling, reading, sports, and music.
     
    401(k) Fridays Podcast Overview
    Struggling with a fiduciary issue, looking for strategies to improve employee retirement outcomes or curious about the impact of current events on your retirement plan? We've had conversations with retirement industry leaders to address these and other relevant topics! You can easily explore over 225 prior on-demand audio interviews here. Don't forget to subscribe as we release a new episode each Friday!

    • 49 min

Customer Reviews

4.7 out of 5
72 Ratings

72 Ratings

Marco_D1 ,

A must listen for plan sponsors

Great dialogue and guests.

montoya713 ,

Great podcast

Good content very informative thank you all who participate in this podcast

D day Normandy ,

Timely, informative, fun!

You wouldn’t think that this topic could be so interesting, but the host and his guest do one whale of a job making it sound really interesting! And for those of us in the benefits arena, this is really timely. We need to move to true retirement plans vs savings plans, and this podcast clearly lays out the regulatory cover for making it happen.

Top Podcasts In Business

iHeartPodcasts
Ramsey Network
NPR
Jocko DEFCOR Network
Morning Brew
Andy Frisella #100to0

You Might Also Like

401(k) Specialist Magazine
Morningstar
Morningstar
Roger Whitney, CFP®, CIMA®, RMA, CPWA®, AIF®
Joshua Sheats
Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP