Whether they’re seeking better analytics and reporting, more targeted communications, or a better way to drive results, retirement service providers count on advisors to bring them solutions that address their plan sponsors’ retirement plan challenges.
The retirement industry spends millions of dollars each year to increase participant knowledge in an effort to drive plan enrollment and engagement. A groundbreaking new study proves that participant confidence, not knowledge, is what’s needed to overcome inertia.
Billions of dollars spent on retirement education and enrollment meetings has largely failed to increase participation rates and contribution levels—leaving most plan participants unprepared for retirement.
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