No trend in the 401(k) industry is more significant than the use of automatic features in plan design, according to Lori Lucas.
Lucas has spent her career working to get sponsors of defined contribution plans to understand that, first as a researcher at Aon Hewitt and now as the DC practice leader at Callan Associates, an independent consultant to 401(k) plans.
These days, she sounds as much like a psychiatrist as she does an expert on optimizing plan design.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
