As the coronavirus creates mayhem on Wall Street and in the bond and equity markets, many companies are bracing themselves for fallout from investment volatility and risk.
The market volatility also raises a concern for retirement plan sponsors and HR professionals. Employees, particularly those who are nearing retirement, are raising questions about their investments and expressing concern over plan stability in such an unpredictable market, says Tara Mashack-Behney, president of Conrad Siegel, a mid-Atlantic investment and retirement plan consulting firm.
