Plan Sponsor Barriers to In-Plan Annuities |
---|
48% >>No barriers; not interested now 45% >>Wait to see how industry develops 28% >>Concern over fiduciary exposure 24% >>Employee usage too small to justify 23% >>Communication hurdles 17% >>Difficulty in selecting provider 14% >>Cost to set up and maintain 10% >>Potential operational difficulties 7 % >>Accumulation focus, not income Source: “Hot Topics in Retirement 2010,” Hewitt Associates. Based on survey of 160 employers . |
Plan Sponsor Barriers to In-Plan Annuities
Plan Sponsor Barriers toIn-Plan Annuities 48% >>No barriers; not interested now 45% >>Wait to see how industry develops 28% >>Concern over fiduciary exposure 24% >>Employee usage too small to justify 23% >>Communication hurdles 17% >>Difficulty in selecting provider 14% >>Cost to set up and maintain 10% >>Potential operational difficulties 7 % >>Accumulation focus, not income Source:... Read more »