Managed accounts offer a variety of benefits to the majority of plan participants, with more benefiting from some features than from others.
That's according to a Vanguard study, "The Value of Managed Account Advice," that found that 60 percent of retirement plan participants were better off for taking advantage of managed account advice.
Those participants' projected 10-year retirement wealth increased by an average of 30 percent, net of investment and advice fees.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
