Related: Financial literacy: 87% of employees say it’s a must-have benefit

When it comes to the most valued types of retirement planning assistance, there is clear consensus from the study around the need for more focused retirement planning. Employees' top 3 most valued types of retirement planning assistance include:

Access to a financial advisor: 47%
Goals-based retirement investment planning: 45%
Retirement income solutions: 43%

“In the face of economic uncertainty, it is clear that comprehensive retirement benefits are essential for individual financial security, while also serving as a critical lever to retain top talent,” said Jeremy France, Head of Institutional Consulting Solutions at Morgan Stanley. “Our findings emphasize that modern workplace retirement plans go beyond simply offering a 401(k) and match; they now integrate ongoing financial advisory, investment planning and income solutions. This next generation of workplace retirement plans—especially those which include ongoing planning and consultancy support—are a strategic asset that can help companies foster employee loyalty.”

Instant Insights /

Most-wanted retirement benefits, amidst a volatile financial market: Morgan Stanley

More From HR Executive

Related Stories

Recommended For You