Automatic enrollment gains ground for DC plans

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GLOBAL - Sponsor defined contribution (DC) retirement plans are widely adopting automatic enrollment together with other automatic features designed to boost employee participation and limit the number of decisions employees need to make, a survey by Mercer revealed.

The consultant - which surveyed plans from 33 countries representing more than $440bn in assets under management - found one-third of the employers surveyed offer automatic enrollment, one-third au...

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