/PRNewswire/ DCALTA, a leading non-profit association in the U.S. retirement ecosystem, is pleased to announce the appointment of Drew Carrington from.
Invesco Defined Contribution Language Study Reveals Retirement Income Top of Mind for Millennials and Gen X, Investment Menu Options Continue to Lack Clarity
Survey of large plan sponsors and 1,607 large plan participants across North America examines impact language can have on employee retirement plans
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ATLANTA, May 4, 2021 /PRNewswire/ Invesco today released findings from a new study, Watch Your Language: Rethinking how we communicate with participants, examining the impact language can have on defined contribution (DC) plan participants overall understanding of, and behavior towards, the plan s investment menu, potential benefits of staying in the plan post retirement, and how best to communicate retirement income benefits.
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ATLANTA, May 4, 2021 /PRNewswire/ Invesco today released findings from a new study, Watch Your Language: Rethinking how we communicate with participants, examining the impact language can have on defined contribution (DC) plan participants overall understanding of, and behavior towards, the plan s investment menu, potential benefits of staying in the plan post retirement, and how best to communicate retirement income benefits. How we view and define retirement has undergone a structural change. Multiple factors including longer lifespans, more active lifestyles, supporting or caregiving for family members, lack of traditional pensions and rising healthcare costs have all added more complexity and disparity to how people live in retirement, said John Galateria, Managing Director and Head of North America Institutional, Invesco. With this new mentality comes a seismic shift towards helping DC plan participants turn their retirement plan saving