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“It’s a perfect time to look at what you’ve already got and also to look ahead to see what you want to accomplish.”
“One of the mistakes we see plan sponsors making in these situations is waiting until the last minute to communicate with participants.”
Sydney Marzeotti is a vice president of State Street Global Advisors and senior fiduciary officer of the independent fiduciary team within the defined contribution group. The independent fiduciary … Read full bio
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The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
New JD Power research finds employees with better retirement plan apps are more engaged, more likely to consolidate assets and more likely to stay invested.
Education can help employees make confident decisions about NQDC and look forward to more money coming in after retirement.
The goal is to strike a thoughtful balance that supports employees during important life events while maintaining productivity, managing costs and ensuring equitable access.
From fiduciary guidance to financial education, advisers are taking on more responsibility as sponsors expand investment choices and focus on participant outcomes.
