How well do employers really know their plan participants — and are they using that data in participants’ best interests?
In this episode of the Tao of Chao podcast, Philip Chao welcomes Katrina Berishaj, Chair of ERISA and Employee Benefits at Stradley Ronon, for a deep discussion on the evolving responsibilities of fiduciaries, especially in the defined contribution plan space.
They explore how employers and advisors can meet their fiduciary obligations more effectively — not just by offering plans, but by understanding their participants’ needs, behaviors, and goals.
Katrina shares actionable insights into:
- Why participant engagement remains a persistent barrier to retirement readiness
- The increasing value of employer-held data — and the ethical obligation to use it
- How managed accounts and personalized investment solutions are evolving
- The risks of failing to adapt: from liability to participant detriment
- Where financial institutions are making strides (and where they’re still falling short)
This thought-provoking episode is a must-listen for plan sponsors, advisors, and anyone navigating the future of retirement plans.
Listen now for a grounded, expert take on fiduciary strategy and the human side of retirement planning.
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