Page 109 - DCAC November 2023 Files

Top 10 Government Client Trends

1. Payroll / HRIS system upgrades

2. Expanding holistic financial wellness offerings; sense of duty and employee expectation

3. Increasing demand and adoption of advice for participants and plan sponsors

4. DEI&B = High-performing organizations; more reporting requests

5. In-person – Meetings, 1x1s, return to office strategy

6. People:

• Attracting and retaining talent

• Increased benefit costs

• WFH vs. Virtual = Trade-offs

7. SECURE 2.0 understanding and decisions; other legislation

8. Navigating the economic / inflationary environment; interest rates driving plan outflows

9. Information security – Client business and benefit concerns

10. Leveraging AI – From job descriptions to automating repetitive processes

FOR PLAN SPONSOR OR FINANCIAL PROFESSIONAL USE ONLY.