Retirement plan sponsors need to look at enhancing their retirement programs so participant goals are met across generations.
Joel Lieb and Robb Muse spoke with PLANSPONSOR about the retirement market and the challenges current programs need to address. The discussion focused in part on increasing retirement income replacement ratios for participants while meeting the needs of new generations entering the workforce. The article provides a detailed look at:
- Changing expectation in the workforce
- DC plans versus DB plans
- Streamlining and simplifying investment menus
- Building a holistic view of participants' needs
To learn more, read the full article: Retirement Program Designs of the Future: Beyond Automatic Plan Features
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