There’s a missed opportunity lurking in retirement plans: Lackof frequent reviews on how effective those plans are in preparingemployees to afford retirement at theproper time.
That’s according to the 2016 MassMutual Retirement Plan ReviewStudy, which found that while many plan sponsors say they want toreview their retirement plansmore often than they currently do, many sponsors want advisors tohelp them do so.
Fifty-seven percent of plan sponsor respondents said they wantadvisors to help them review their retirement plans semiannually oreven more often, but 44 percent of sponsors report that suchreviews currently take place.
Continue Reading for Free
Register and gain access to:
- 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.
