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Category : Retirement Services

 

Retirement Savings Plans – the Plan Migration Worries

Conversations with a few top record keepers in the retirement savings space led us to a predicament, which, albeit not too frequent, is but of significant importance in the retirement industry.

While day-to-day recordkeeping woes have mostly been addressed through currently available off-the-self solutions or through custom built applications thereby making

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Congruent Eligibility Processing Solution

Challenges faced

Many recordkeepers and plan providers today do not have comprehensive eligibility processing capabilities, often resulting in a significant amount of manual intervention and a large number of errors.

We had a provider enquire if they could use the light-weight COREDC engine to compute the eligibility for them, without a data

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6 Simple Productivity Boosters for 401K Plan Administrators

Following up on our previous article that touched upon data analysis to reduce churn in Telecom, this article focuses on analytics approaches for demand generation in marketing.

Producing quality leads has always been a challenge and according to the 2015 State of Marketing survey, “Quality of leads among pressing business challenges.”

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Making Plan Administrators’ Lives Easier and Enhancing Customer Engagement through New Generation Technologies

Kodak was the Google of its day! In 1976 it had a monopoly in the film-based camera business, accounting for 90% of film and 85% of camera sales in America. However, times were changing and digital camera technology was around the corner. Unfortunately for Kodak, the company did not appreciate this threat to its film-based business and it failed to adapt accordingly. In spite of having a 10-year window of opportunity, Kodak lost its chance to secure a leading position in digital imaging, giving way to new players like Olympus, Canon and Fujitsu. This failure ultimately led to the downfall of Kodak’s 130 year old business

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Leveraging BIG Data to boost business

In the United States alone, there are close to 200 million customers of the pension/insurance industry, as per 2013 figures [Bureau of Labor Statistics, US Dept of Labor]. The numbers are increasing progressively as well. There are large amount of data collected from the million customers through various source. The

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Pension Auto-enrollment Employee Assessment – Getting it right!

Auto-enrolment pension reform made it mandatory for every UK employer to enroll workers automatically into a qualifying pension scheme – starting in October 2012. Auto-enrolment brings a new set of duties and obligations, as well as major operational, financial, compliance and reputational risks to all employers – including the challenge

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