| Reasons Plan Sponsors Do Not Offer Lifetime Annuities | |
|---|---|
| Unfamiliar with market offering | 24% |
| Market offerings are not satisfactory | 26% |
| Lack of participant demand | 56% |
| Administrative complexity | 36% |
| Other | 13% |
| Note: The respondents could choose more than one option. Source: Watson Wyatt 2009 Defined Contribution Plan Trends Report. |
|
Reasons Plan Sponsors Do Not Offer Lifetime Annuities
Reasons Plan Sponsors Do Not Offer Lifetime Annuities Unfamiliar with market offering 24% Market offerings are not satisfactory 26% Lack of participant demand 56% Administrative complexity 36% Other 13% Note: The respondents could choose more than one option.Source: Watson Wyatt 2009 Defined Contribution Plan Trends Report.
