Defined Contribution plan sponsors play a significant role in shaping the retirement outcomes of American workers. With the continued decline in defined pension benefits, workers are increasingly dependent on the defined contribution system for a significant portion of their retirement savings. As this shift continues, so does the need for the DC system to evolve.
In our second bi-annual survey, PGIM DC Solutions surveyed 155 plan sponsors and a host of leading Outsourced Chief Investment Officer (OCIO) providers in the United States, to better understand the evolving DC landscape, looking specifically at two key areas. Here is what we found.
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