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Industry aims to build on things that already work : 'Auto everything' to continue as providers move focus to 'right levels' of participation

Jan 07, 2019 - Pensions & Investments

As defined contribution plan industry members look ahead to 2019, they forecast enhanced versions of existing practices will be at the top of to-do lists for plan sponsors, providers and consultants.

A prime example is automatic enrollment, where the sponsors' goal has gone beyond encouraging participants to simply contribute. The goal now - and in the future - is to encourage participants to contribute more for initial deferrals and to contribute more overall via auto enrollment and auto ...