When Ten is a “10”: Auto-enrollment in the UK paves the way
We’re excited to talk with our friend Will Sandbrook for several reasons. One, he’s been with Nest Corporation (UK) since it started. Ten years on, we want to know what he sees. Two, Will is Managing Director of Nest Insight, Nest’s in-house research and thought leadership unit focused on delivering cutting-edge research into how to improve retirement outcomes for the ‘DC generation.’ We always want to know what’s fresh news where he is. Among other initiatives, we touch on new results from the emergency savings space. Almost everything that’s going on in the UK is, or will soon be, very relevant to us in the US.
Benefits Law Journal: What 10 State Auto IRAs Mean for the US Retirement Savings Ecosystem
The author discusses state-based automated workplace savings programs and how, when fully implemented, current authorized programs will have the ability to provide workplace retirement access for about 19 million workers – or about one-third of the 57 million workers who are estimated to be uncovered by a workplace savings plan today.
OregonSaves Turns Five: That Was Fast.
We talk today with the dynamic trio that are part of the OregonSaves team led by Michael Parker in the offices of Treasurer Tobias Read – an advocate for family financial wellness in Oregon. This trio includes David Bell, Deputy Director of the Oregon Treasury Savings Network, who first joined focused on the brand-new ABLE savings program. Sabra Purifoy, Operations Director for the Oregon Treasury Savings Network, manages the operational functions of the division and all of the program's savings plans. And Renzo Meza, the team’s newest addition, leads Outreach, Strategic Partnerships, and Education