Invesco has released findings from its 2022 defined contribution retirement income study, which explores participant preferences for creating retirement income and fiduciary considerations for plan sponsors when evaluating retirement income solutions.
The “Show me the income” study focuses on a few key areas, including on how plan participants think about retirement income in general, what type of in-plan solutions may be most attractive to them (and why) and how best to bridge the savings-to-income gap moving forward by examining how participant and plan sponsor mindsets differed at times.
Participants view retirement differently, driven by their unique personal experiences, goals and financial […]
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