Can plan sponsors serve their retirees’best interests? A new study suggests that they’re not interested indoing so.
Employees face a host of challenges as they move from the jobinto retirement—and, according to “The Current State of Retirement: A Compendium ofFindings About American Retirees,” from the Transamerica Centerfor Retirement Studies, employers aren’t helping with thosechallenges.
That’s despite the fact that employers are becoming interestedin retaining retirement plan assets from people whohave left the job, to help keep plan costs down—and also despitethe impending influence of the Department of Labor’s fiduciaryrule, which is expected to have an impact on IRA rollovers.
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