J.P. Morgan Survey: Plan Sponsors Embrace Proactive Retirement Strategies

Whats Happening:

J.P. Morgan Asset Management's sixth U.S. defined contribution plan sponsor survey reveals a growing commitment to enhancing retirement outcomes and financial wellness. The survey, which included 750 plan sponsors, shows an increased focus on proactive plan design, expanding financial wellness initiatives, and developing innovative retirement income decumulation strategies.

Key Moves:

• 83% of plan sponsors feel responsible for employees' financial well-being

• 49% of respondents now favor a proactive approach to plan design

• Nearly 80% believe their plans should generate retirement income

By The Numbers:

• 750 U.S. plan sponsors surveyed

• Only 22% of plan sponsors with significant Gen X employees are confident in adequate retirement savings

• 61% considering adding in-plan income options this year

Key Quotes:

• "Our 2025 Plan Sponsor Survey highlights a shift in retirement planning with plan sponsors recognizing the need for proactive strategies to enhance participant outcomes," - Alyson Frost, Head of Retirement Insights at J.P. Morgan Asset Management

• "The findings emphasize the important role of financial wellness programs in boosting employee productivity and engagement."

• "Plan sponsors are committed to providing the necessary tools and education for long-term financial security."

Bottom Line:

J.P. Morgan's survey reveals a significant shift in retirement planning strategies, with plan sponsors increasingly recognizing their role in enhancing participant outcomes. The focus on financial wellness programs and proactive plan design indicates a growing commitment to employees' long-term financial security, setting the stage for further innovation in retirement planning strategies.

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