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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.

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Marlene Satter

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

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