Plan sponsors see a growing need to use technology in retirement plan communications, with the majority saying they will increase their use of technology to deliver information to employees over the next two to three years.
Most retirement plan sponsors recognize that retirement readiness is a significant concern for employees, according to a recent report from consulting firm Towers Watson, with 78% of large and mid-sized U.S. employers saying it has become a top issue for workers. Additionally, 82% believe retirement security will become a more important issue for employees in the next three years.
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