Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
November 11th, 2015
Benefits & Administration
Retirement-Challenged Millennials Need Education
Nearly one in five U.S. Millennials surveyed by BNY Mellon say they receive no financial information from their workplace or educational establishment, and nearly half admit to relying on a blind guess to estimate what they’ll need for a retirement fund. The global survey, “Generation Lost: Engaging Millennials with Retirement Saving,” finds about one-fifth (19%) of Millennials in the U.S. do not receive any information about financial matters through their workplace or educational establishment, compared with 46% of Millennials from all respondents in other countries.Read more >
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