64. The Plan Sponsor Mindset: Will Hansen Discusses Retirement Benefits & Employee Well-Being
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64. The Plan Sponsor Mindset: Will Hansen Discusses Retirement Benefits & Employee Well-Being
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In this insightful episode of The Wave Strength, host Jim Breen sits down with Will Hansen, Executive Director of the Plan Sponsor Council of America, to explore the essential elements of the plan sponsor mindset in today's evolving financial landscape.
They discuss key topics, including the importance of employee financial wellness, effective cost and risk management in retirement planning, and the latest innovations in plan design spurred by legislative changes like the SECURE Act. Gain insights into the challenges and opportunities facing plan sponsors as they work to support diverse financial journeys and foster long-term financial health for their workforce.
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About Will Hansen
Will Hansen serves as the Executive Director of the Plan Sponsor Council of America (PSCA) and Chief Government Affairs Officer for the American Retirement Association (ARA). At ARA, Will oversees all advocacy activities at the federal, state, and local levels on behalf of the five trade organizations within ARA; he joined ARA in 2019. In his PSCA role, Will champions advocacy, education, and insights for plan sponsors nationwide, helping them navigate complex regulatory landscapes and provide meaningful retirement solutions to their employees. His work is integral to advancing retirement policy and fostering financial security for the American workforce.
In This Episode:
00:00 Introduction
02:00 Meet Will Hansen: Background and Experience
06:25 The Plan Sponsor Mindset
06:31 Employee Well-being and Financial Health
14:01 Cost and Risk Management
17:16 Plan Design and Optimization
19:41 Conclusion and Final Thoughts