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DC Plans Aiming High, Shooting Low on Best Practices
Pensions & Investments Link to more items from this source
Dec. 10, 2012

"DC plan executives have lofty goals for their participants, with 20% saying their optimal annual savings rate should be more that 15%, while 19% say the rate should be 14% to 15% and 39% advocate 10% to 13%. But those executives don't always back those words with actions ... The most-offered default rate in auto-enrollment programs remains the traditional 3%, a rate the ... survey said could be increased to help participants achieve higher retirement savings."

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