Monday, November 11, 2013

Aon Hewitt Explores the Latest Retirement Trends

In "2013 Trends & Experience in Defined Contribution Plans", Aon Hewitt find that:

"This report, which highlights defined contribution plan design from over 400 plan sponsors—employing more than 10 million workers, in plans that total nearly $500 billion in retirement assets—finds that sponsors are strengthening their plans in the following ways:
  • Refocusing Employer Dollars on Match Formulas...
  • Relaxing Eligibility Requirements... 
  • Broadening Roth Availability...
  • Simplifying and Improving Investment Choices...
  • Offering Savings Education and Advice...
  • Improving Plan Default Elections...
  • Decreasing Reliance on Company Stock..."
To read the report, click here.

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