It isn’t because they don’t care, or aren’t trying, but plan sponsors could be doing more to help workers save for retirement and often don’t see eye-to-eye with their employees on just how best to do that.
That’s according to “Assumptions, Assessments and Actions: Plan Sponsor Views of Participant Support and Advisor Partnership,” a national survey of plan sponsors conducted by American Century Investment Services of Kanas City, Missouri.
The study took the answers from 310 sponsors (representing plan assets of up to $100 million) to questions about plan priorities, strategies to win employee participation and the value of advisors, and compared some of those answers to employee responses.
Also read: Higher ed takes retirement lessons from corporate world
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