Defined Contribution
Participant Engagement Inspiring Individuals to Look Ahead
Plan sponsors are seeking ways to help participants stay cool amidst market volatility. Here, we’re offering insights on how to deliver communications that provide clarity, consistency and empathy. Read more
Retirement readiness works best as a collaborative experience, with participants and plan sponsors benefiting from knowledgeable partners who can provide and coordinate expertise in the forms of:
- Solutions to support life’s transitions, at employer and legislative levels
- Practical financial wellness guidance for sponsors and savers
- Communications to educate and inspire individuals today in pursuit of their goals tomorrow
At State Street, our dedicated Participant Engagement team is positioned at the intersection of investment strategy, public policy and marketing execution, working directly with sponsors to develop effective participant outreach strategies that drive action.
Latest Thinking
Can Student Debt Relief Fix the Repayment vs. Retirement Rub?
Workers face friction around student loan repayment and retirement savings. We’re offering sponsors policy insights and practical tips for reducing the rub.
Seeing the Participant’s Perspective
- Inflation and Retirement: 3 Messaging Tips for Plan Sponsors
- 5 Tips for Effective Retirement Income Communications
- Insights from Our 2021 Participant Survey
- Financial Wellness Doesn’t Have to Be So Hard
- Student Debt vs. Retirement Savings: How Employers Can Help
- Are DIY Investors out of Their Depth?
Pushing for Policies That Work
Fostering Financial Wellness
Advances in retirement plan design and automation may have improved the system of saving, but they haven’t removed the strain.
Keep Calm and Communicate
Help quell participants’ COVID-19 concerns with communications that provide clarity, consistency and empathy.
The 3B’s Framework
Gain insight on how to inspire behavioral-based change within a benefits program.
Employees say issues with personal finances have been a distraction at work 1
Employees find it difficult to meet household expenses on time each month 2
American adults would not be able to cover a $400 emergency with cash, savings or a credit card that could be paid off quickly 3
By committing to improve employees’ financial wellness, sponsors have the opportunity to see employees holistically, lessen participants’ anxiety and cultivate their happiness — gaining productivity in the process.4
Our financial wellness resources can support the launch or expansion of programs that strive to improve participants’ financial habits now and in retirement.
Communication
Improving Outcomes With Thoughtful Outreach
The power of a carefully designed plan can be diminished if there is no outreach campaign to highlight plan details and participant benefits. Working from initial strategy to tactical execution, our dedicated Participant Engagement team offers plan communications and other resources to help ensure employees get the most out of their retirement plan by:
Sharing Access to a Library of Content
- Our Complete Content Collection
- Participant Engagement Toolkit
- Savings Bootcamp Guide
- The Target Date Fund Playbook