BlackRock, the world’s largest investment firm with $4.6 trillion in assets under management, has released its findings from its annual review of the defined contribution market.
The picture painted, Retirement Readiness: A work in progress, shows the efficiency of modern workplace plan design leaves much to be desired.
Perhaps most notable is the disparity in how sponsors and participants perceive the functionality of the typical 401(k) plan.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
