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The Financial Un-Wellness of HR

"Are we contributing to the financial 'un-wellness' of employees by putting such a heavy focus on retirement planning? Furthermore, are HR executives the most fitting to help people with these areas of their financial lives? ... According to a recent study, 56% of employers indicated they are very likely to create or focus on the financial well-being of employees in ways that expand beyond retirement decisions in 2016.... Unfortunately, because one benefit (retirement savings) has historically been placed in the spotlight for HR leadership and team members, handling the ever growing emphasis on personal finance is challenging."

State of Emergency: Your Employees' Rainy Day Fund

"While this dedication to increasing retirement readiness is extremely important, you may be losing sight of another important aspect of your employees' financial well-being: Emergency Savings. In a recent survey from Bankrate, it was found that 63% of Americans would not have enough in savings to pay for a $1,000 emergency."

Top Three 2016 Retirement Plan Committee Priorities

"[1] Survey employee sentiment and research behaviors.... [2] Review investment menu simplicity and focus.... [3] Money Market reforms and consideration of alternatives.... As retirement plan committee members, your responsibility is to be prudent and document your process; not to hold the crystal ball which accurately predicts the future."