Employers and financial experts have predicted an organic shift will take place this year toward devoting more time and efforts to improving employees overall financial well-being, a giant step from the retirement preparedness seen in recent years.
Many companies say they will bolster their efforts in 2015 to increase their workers sense of financial health, extending their strategies beyond just retirement readiness, according to new data from Aon Hewitt. Employers are also taking advantage of the size and purchasing power of their defined contribution plans to reduce costs and improve returns for employees, according to the financial consultant.
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