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woman with hand up 59 percent of sponsors subscribe to the “hands-off” approach, letting employees make their own choices; 41 percent (more likely to be among sponsors of larger plans) take a more proactive approach in getting employees onto the right savings and investing path. (Photo: Shutterstock)

Plan sponsors may feel responsibility for helping their employees achieve financial wellness, but the “hands-off” approach many take to defined contribution retirement plans is not necessarily helpful in meeting their goals.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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