Participant Advice

CFDD Participant Advice Competitive Analysis

Increased participation and higher deferral rates are essential to successful participant outcomes. Matching contributions, plan design and automatic features are equally important. Given the need to save more and reduce risk, participant advice and managed accounts are areas where the industry could add value and drive growth.

Participant advice is an optional service and a fiduciary decision. While sponsors are seeking guidance, few advisors are knowledgeable about the full array of in-plan participant advice solutions available and under development. To remain competitive, advisors must become fluent with the full menu of advisory solutions.

To meet this need and stay ahead of an evolving industry, the CFDD has launched a proprietary research project on in-plan participant advice solutions. This exclusive analysis was designed to help the industry differentiate, add value, save time, develop strategy and win new business.

This participant advice competitive analysis will be integrated with the 2011 Advisor Conference and a new dedicated resource area on the CFDD's website. In addition to the competitive analysis, the resource area will become a clearing house for provider marketing information and demographic studies. To enhance competitive positioning, this valuable research will be exclusive to CFDD '11 Advisor Conference attendees. To keep the research current, the analysis will be converted to a fee-based service after CFDD '11.

To register and gain access to the research, go directly to: http://www.regonline.com/Register/Checkin.aspx?EventID=906710. Qualified advisors and providers who would like to participate in the research should email: CFDD@TheCFDD.com. For an overview of the project’s scope, click HERE.