Executives for defined contribution plans have not one main fear, but two.
While they’re concerned about meeting participant retirement goals, they’re just as concerned about the potential for litigation.
PIMCO’s ninth annual defined contribution consulting support and trends survey found that 64 percent of investment consultants’ clients ranked the two concerns as either most important or second most important — and 34 percent ranked it as their top worry, more than any of the other choices.
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