Pew's research revealed 81 percent of small and midsized plan sponsors admitted to not having a good grasp of fees charged on the plans they sponsored. (Photo: Shutterstock)
When The Pew Charitable Trusts, one of the largest non-profit think tanks in the country, launched its retirement savings project in 2014, a primary function of the initiative focused on workplace retirement plan fees.
Now Pew has launched a lean, online fee-comparison tool intended to raise awareness among investors and policy makers of the impact high fees can have on retirement security.
Awareness of the correlation is in short supply, according to Pew's research, which has explored employer and participant awareness of investment and administrative fees in retirement plans.
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.
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.
