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Retirement Plan Participants' Trust in Providers: Much Room for Improvement
PLANSPONSOR; registration may be required
May 22, 2019
"[O]verall satisfaction with providers has declined by 24 percentage points in the past six years to a new low.... Only 25% of participants feel that they can always trust their employer. As to which factors build their trust, participants said satisfaction with the education provided, transparent fees, receiving relevant information, viewing their provider as if they were a partner and believing that the information the provider gives them is in their best interest."
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