Change can be difficult, but it also can mark progress, especially in the world of defined contribution plans. Participants have access to a multitude of tools and benefits — from automatic enrollment to target-date investment strategies — to help keep their retirement planning on track.
Identifying how change will happen in the DC industry is my focus as the head of State Street Global Advisors’ public policy initiative. What’s on the horizon in the next five to 10 years for the DC plan world and policymakers to address?