401(k) Fridays Podcast

Should employers focus their efforts to help employees on the journey to retirement by providing true investment advice or more in the trenches financial support?  To debate the finer points and provide his in the trenches experience, I was excited to welcome back Peter Dunn, aka Pete the Planner to the podcast.  Pete has a pretty unique vantage point as he provides employers with a suite of financial wellness tools but he also has a support center for employees of his clients to speak, email or text with.  During our conversation, Pete shares some common real life questions and challenges his team gets from real life employees.  We hit on why honesty and empathy is important in financial conversations, examples of how investment advice only scratch s the financial surface for most employees, a few thoughts on where plan design fits in the conversation, a few sanity checks for me and strategies to move farther down the path towards providing holistic financial support to help improve employees financial wellb