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Employee Benefits

More retirement plan sponsors eye change in plan advisors: Study

July 26, 2021 Reprints

One-third of retirement plan sponsors are looking to switch advisors, up from 16% in 2020, according to research by Fidelity Investments Inc., reports by 401K Specialist. The study notes the top reason for wanting to change plan advisors was a desire for better employee communication and education, followed by lower stated fees, more retirement expertise, and a better investment lineup.

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More retirement plan sponsors eye change in plan advisors: Study

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