Even though they were never designed or expected to be the primary vehicle for retirement income, it appears that defined contribution (DC) plans have now assumed that role in the workplace. This reality has important implications for both plans sponsors and participants alike — as employees and employers increasingly share responsibility for retirement savings. As a result, plan sponsors need to take a more active role in helping employees navigate their own retirement journey.
The Willis Towers Watson Defined Contribution Plan Sponsor Survey reveals how retirement planning is changing to support this new role in a predominantly DC-based landscape.
Download our executive summary to learn more about these trends.
7 tactics plan sponsors can take to increase employees’ retirement readiness
Source: 2017 Willis Towers Watson Defined Contribution Plan Sponsor Survey
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| Title | File Type | File Size |
|---|---|---|
| Defined contribution retirement plans take center stage | .8 MB |
