Rick Irace Reflects on Key Trends in the Retirement Industry in 2019

In a recent WealthManagement.com article​​​, Rick Irace, along with other industry thought leaders, summarized key trends and developments in the retirement industry this past year. ​Irace noted that plan sponsors’ main goal has been to drive positive outcomes for employees. Ultimately, employers understand that overall financial wellness is crucial to “ensuring that employees are happy, healthy, and productive.​​​”​ The biggest topics of conversation have been security, service, data protection, and risk governance, as sponsors want assurance that plan providers can provide the support needed to run their plans while offering high-level service that’s built on trust.