This Plan Sponsor Is All-In on ESG TDFs
Many plan sponsors fear being a trendsetter, but United World College-USA is proud of using ESG investing themes in its custom target-date QDIA, built with TIAA and LongView Asset Management, and offering a guaranteed retirement income solution.
Pre-retirees Say Social Security and Pensions Will Not Fund Retirement
Instead, workers will source funding from their 401(k), IRA or other savings vehicles.
Interest in Guaranteed Income
80% of DC participants want the security
Most Workers Willing to Pay More for Better Retirement Benefits
But less than half are willing to do the same for better health care benefits, Willis Towers Watson learned in a survey.
DC Plan Participants Looking for Guaranteed Income in Retirement
Eight in 10 DC plan participants are very or somewhat interested in an in-plan investment option that would guarantee monthly income for life in retirement, and the same number express interest in taking money out of their plan at retirement and moving it to a financial product that would guarantee them monthly income for life.