Using Behavioral Finance to Drive Retirement Outcomes

38 Video Lessons
1 Interactive Quiz
1 Certificate of Completion
Continuing Education Credit

Why Take This Course?

We know that that we have a retirement savings crisis in America and that most employees are woefully underfunded for retirement.  

We know that participation rates are too low, that savings rates need to be much higher, and that most employees are not equipped to make smart investment decisions.  We also know that fewer investment choices lead to better decision making, high fees can substantially reduce retirement income and that aggressive automation (with things such as automatic enrollment and automatic contribution escalation) works to improve participant outcomes.  

We know these things.  We have the data.  We have the evidence.   And yet, in spite of knowing what’s right, many companies still don’t take the necessary steps to make their retirement programs truly effective and successful.

This course provides an in-depth look at behavioral finance concepts,  social science and investment research as well as fiduciary trends and best practices for why plans should adopt automatic plan design features in order to drive successful retirement outcomes for employees.  

Who Should Take This Course?

Retirement Plan Committee Members

Retirement Plan Support Staff (e.g. HR, Payroll or Accounting)

Industry Professionals (e.g. advisors, TPAs and auditors)

Learning Objectives

This is an introductory level course. Upon completion, students will be able to:
  • Understand behavioral finance concepts and social science research that keeps people from saving
  • Understand retirement saving challenges such as healthcare expenses and income replacement rates

  • Understand adoption rates and industry trends relative to automatic features
  • Identify best practices for designing and implementing an automatic plan design program