McKinsey & Co., meanwhile, projects assets in 401(k) plans will grow from $3.5 trillion as of 2012 to $5.5 trillion in 2015.
Estimated reading time: 0 minutes, 18 seconds
How to Compete in the Defined Contribution Market
Advisors can gain a competitive edge in the defined contribution market by promoting the merits of automatic enrollment, recommending innovate income producing products for retirees, and selecting attractive default investment options, reports FinancialAdvisor.com.
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