Want to tailor your DC plan to members? Then put their investment options directly in front of them and force them to make a choice, says Michelle Peshko, senior advisor, pensions and investments for Xstrata.
“Rather than just provide a default that may be appropriate for most people, force the individual to make the choice that’s right for them,” she says.
Watch the video to find out what else Peshko has to say about customizing plans to members.