After a generation of telling defined contribution participants to look after their own investments by providing them the tools, advice, education and myriad investment options, the arc of the DC plan progress has come full circle.
A new study by Mercer entitled Securing Retirement Outcomes for the Employee: Why The Employer Should Intervene? discusses the need for employers to get more involved and argues that “employers are uniquely positioned to address retirement income needs of employees and intervene in meaningful and positive ways.”