Defined contribution plans may be moving toward offering moreoptions for retirement income, as they transition to decumulationvehicles, but they have a way to go in reaching targets that theiryounger participants may beexpecting.

According to new Cerulli research, recordkeepers are becomingsomewhat more focused on emphasizing to their defined contributionplan clients outcome-related metrics, such as retirement incomereplacement ratio and projected participant shortfall or surplus,that help to see how successful participants are in thedecumulation phase.

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