Benefit directors nationwide believe their organizations are not doing enough to help employees make critical decisions at the point of retirement, according to a recent survey.
In the survey of 401 benefit program decisionmakers by Minneapolis-based Transamerica Retirement Management, nearly half of the respondents don’t think their company sufficiently prepares employees to successfully manage resources during retirement. And 81% of decision makers said they are concerned their employees don’t have the resources to adequately provide for their retirement.
