American workers continue to face challenges on multiple fronts when it comes to retirement planning. The retirement industry places emphasis on plan design and its importance in meeting these challenges, but are the solutions offered to plan participants on target, and if so, are participants taking advantage of these solutions? Are there plan design features that plan sponsors could use to drive better outcomes?
Prudential Retirement commissioned a survey that asked plan participants for answers to these questions, and more. This whitepaper takes an in-depth look at the findings and suggests ways plan sponsors can collaborate with intermediaries and product providers to better meet participant needs and expectations.
Authors: John J. Kalamarides, Senior Vice President, Full Service Solutions, Prudential Retirement and Srinivas D. Reddy, Senior Vice President, Full Service Investments, Prudential Retirementview more white papers
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