Vestwell's surveys found retirement plan sponsors are far more concerned with their own problems vis-à-vis fiduciary risk and administrative burden than they are with employee engagement. (Photo: Shutterstock)
Advisors and sponsors have some common priorities in the retirement planning industry, with reducing fiduciary risk and cutting the administrative burden at the top of the list.
So finds a survey from Vestwell of key sentiments of advisors and plan sponsors as they relate to selling, adopting, and maintaining plans.
Among the survey's findings is advisors' biggest priority between now and the end of the year: growing their client base, according to 57 percent of respondents.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
