A new study from American Century suggests sponsors may be speaking out of both sides the their mouths.
Overwhelmingly, sponsors say it is very important to support participants’ quest for a secure retirement. Of the nearly 500 sponsors American Century surveyed—none had more than $250 million in plan value—91 percent say they are conscious of employees’ retirement readiness.
Yet only 36 percent of sponsors said they actually test their plan for retirement readiness.
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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.
