Voya launch aims to improve retirement outcomes

October 25, 2016 by Warren S. Hersch

Surveys abound about Americans’ woefully inadequate retirement savings.

The reasons for the discrepancy between what workers save and what they need to live comfortably in retirement include:

• • Low plan enrollment;
  • Inadequate plan contribution rates and portfolio allocations; and
  • A lack of active engagement by employers in helping to put workers on the right track.

On the last count, there’s much that can be done. One industry player, Voya Financial, is investing in a major initiative —  the launch of the Voya Behavioral Finance Institute for Innovation — to bring about needed changes.

Click HERE to view via LifeHealthPro; free registration required

Originally Posted at LifeHealthPro on October 24, 2016 by Warren S. Hersch.