J.P. Morgan Asset Management Survey Reveals Plan Sponsors' Commitment to Proactive Retirement Strategies and Financial Wellness Programs
NEW YORK, June 25, 2025 /PRNewswire/ -- J.P. Morgan Asset Management today released its sixth U.S. defined contribution (DC) plan sponsor survey findings, highlighting a growing commitment among plan sponsors to enhancing retirement outcomes and equipping participants with essential financial tools. This year's research, Scaling what works, shaping what's next, captures insights from 750 U.S. plan sponsors, providing a comprehensive snapshot of their perspectives and actions in refining retirement offerings. Plan sponsors are increasingly expanding financial wellness initiatives and developing innovative retirement income decumulation strategies, demonstrating increased engagement in supporting employees.
The survey highlights how generational differences within workforces influence plan sponsors in addressing the unique needs of Gen X, Millennials, and Gen Z, each offering distinct perspectives on retirement planning. Notably, only 22% of plan sponsors with a significant Gen X employee base express strong confidence that their employees are saving adequately for retirement. This underscores the need for targeted strategies to support Gen X, especially as they near retirement.
"Our 2025 Plan Sponsor Survey highlights a shift in retirement planning with plan sponsors recognizing the need for proactive strategies to enhance participant outcomes," said Alyson Frost, Head of Retirement Insights at J.P. Morgan Asset Management. "The findings emphasize the important role of financial wellness programs in boosting employee productivity and engagement. Plan sponsors are committed to providing the necessary tools and education for long-term financial security, and we anticipate further adoption of innovative strategies to meet the diverse needs of today's workforce."
Key Findings
Commitment to Financial Wellness: Over 80% of plan sponsors acknowledge their role in supporting employee financial wellness, with many expanding benefits accordingly. However, critical programs, such as emergency savings, student loan debt assistance and debt management benefits, remain under-implemented, particularly among smaller employers.
Proactive Plan Design: Nearly half (49%) of respondents now favor a proactive approach to plan design reporting higher satisfaction across key measures, including participation and contribution rates, investment performance and participation education quality. Despite this progress, there is still opportunity to continue to increase contribution percentages and participant engagement.
Expanding Responsibilities: Plan sponsors face growing responsibilities, highlighting a need for more education. Over half are unaware of their fiduciary roles, and one-third lacking understanding of their target date funds (TDFs), despite their widespread use. Nearly 80% believe their plans should generate retirement income, with 61% considering adding in-plan income options this year.
Action Steps for Plan Sponsors
To maximize the effectiveness of their offering, plan sponsors should consider embracing proactive plan design strategies that cater to the diverse needs of a multi-generational workforce, including leveraging automatic features and investment defaults to enhance participant engagement and satisfaction. As retirement income solutions become increasingly central to DC plans, plan sponsors are encouraged to establish clear objectives for in-plan solutions, carefully assessing which products best align with their goals and participant demographics to meet the growing demand for income-generating investments.
Enhancing participant education and communication is also crucial, as fewer than half of respondents express high satisfaction with their providers' efforts in this area. By streamlining the participant experience through seamless integration of educational resources and robust communication strategies, plan sponsors can empower participants to make informed decisions, particularly during critical phases such as onboarding and retirement preparation.
"Our survey highlights the importance for plan sponsors to refine their offerings by embracing thoughtful design and making strategic investments, which can greatly enhance participants' retirement readiness," said Meghan Conklin, Vice President, Retirement Insights, at J.P. Morgan Asset Management. "Understanding how regulatory advancements, such as SECURE 2.0, can be leveraged effectively in plan design is crucial, ensuring that options not only complement but also adapt to a more modern workforce."
For more information about the survey findings, please visit the DC Plan Sponsor Survey Findings dedicated website.
MethodologyFrom January 7 through January 31, 2025, we partnered with Greenwald Research, a market research firm based in Washington, D.C., to conduct an online survey of 750 plan sponsors. All respondents are key decision-makers for their organizations' DC plan. All organizations represented have been in business for at least three years and offer a 401(k), 403(b) or 457 plan to their domestic U.S. employees. Results aggregated across plan size categories were weighted to reflect the size distribution of plans in the U.S. DC universe.
About J.P. Morgan Asset ManagementJ.P. Morgan Asset Management, with assets under management of $3.7 trillion (as of 3/31/2025), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity. For more information, visit: www.jpmorgan.com/am.
JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorganChase had $4.4 trillion in assets and $351 billion in stockholders' equity (as of 3/31/2025). The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/jp-morgan-asset-management-survey-reveals-plan-sponsors-commitment-to-proactive-retirement-strategies-and-financial-wellness-programs-302491020.html
SOURCE J.P. Morgan Asset Management
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
PNC Raises Common Stock Dividend To $1.70 Per Share
PITTSBURGH, July 3, 2025 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.70 per share, an increase of $0.10 cents per share, or 6%, from the second quarter dividend of $1.60 per share. The dividend will be payable Aug. 5, 2025, to shareholders of record at the close of business July 15, 2025. "The increase in our dividend reflects our continued financial strength and our board's confidence in our strategy and outlook," said William S. Demchak, PNC chairman and chief executive officer. The board also declared a cash dividend on the following series of preferred stocks: Series B: a quarterly dividend of 45 cents per share will be payable Sept. 10, 2025, to shareholders of record at the close of business Aug. 15, 2025. Series T: a quarterly dividend of $850.00 per share ($8.50 per each depositary share, 100 of which represent one share of Series T preferred stock) will be payable Sept. 15, 2025, to shareholders of record at the close of business Aug. 29, 2025. Series U: a quarterly dividend of $1,500.00 per share ($15.00 per each depositary share, 100 of which represent one share of Series U preferred stock) will be payable Aug. 15, 2025, to shareholders of record at the close of business July 31, 2025. Series V: a quarterly dividend of $1,550.00 per share ($15.50 per each depositary share, 100 of which represent one share of Series V preferred stock) will be payable Sept. 15, 2025, to shareholders of record at the close of business Aug. 29, 2025. Series W: a quarterly dividend of $1,562.50 per share ($15.6250 per each depositary share, 100 of which represent one share of Series W preferred stock) will be payable Sept. 15, 2025, to shareholders of record at the close of business Aug. 29, 2025. The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit CONTACTS MEDIA:Kristen Pillitteri(412) INVESTORS:Bryan Gill(412) View original content to download multimedia: SOURCE The PNC Financial Services Group, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Yahoo
Secure Logistics Market Size Grows to USD 84.39 Billion by 2031 Exclusive Report by The Insight Partners
NEW YORK, July 3, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the secure logistics market is observing healthy growth owing to the adoption and integration of artificial intelligence in logistics, the expanding logistics industry, and demand for real-time monitoring solutions. The secure logistics market is expected to reach USD 84.39 billion by 2031 from USD 59.06 billion in 2024; it is expected to record a CAGR of 5.2% during the forecast period. The rapidly expanding e-commerce and banking sectors are significantly boosting demand in the secure logistics tools and solutions among e-commerce and banking sectors. The growing number of digital transactions and online retail globally increases the demand for secure movement of cash, payment devices, and sensitive financial data. E-commerce systems frequently handle large amounts of valuable goods, such as electronics and jewelry, requiring secure delivery and returns processing. Similarly, banks and fintech companies rely on secured transportation and data management to safeguard their information against theft, fraud, and cyber threats. Hence, the increasing in transaction volume and data sensitivity has made safe logistics an essential infrastructure factor that drives the market. To explore the valuable insights in the Secure Logistics Market report, you can easily download a sample PDF of the report – The report runs an in-depth analysis of market trends, key players, and future opportunities. Trade shows are a robust platform that allows companies to showcase their entire business at one booth, raising company awareness among customers. This is further boosting the market growth. Overview of Report Findings Rising Demand for Expensive Goods: The growing global need for high-value goods, including medications, electronics, and luxury items, is a major factor driving the secure logistics market. These items require specialist handling, real-time tracking, and protection against theft or tampering throughout shipment. As international trade grows and supply chains become increasingly complex, businesses are investing significantly in secure logistics to protect the safety and integrity of their products. The pharmaceutical industry mainly requires temperature-controlled and highly secure transportation, particularly for vaccines and biologics solutions. Similarly, the transportation of high-end electronic devices and luxurious goods needs sophisticated security protocols to maintain the secure transfer of goods. This increases the demand for specialized and secure logistics solutions among logistics companies. Adoption of Ecosystem Integration Strategy: As the logistics companies across the globe are adding more applications and platforms to their digital ecosystems, the a need for a tool that combines all of their internal and external decentralized systems. The ecosystem integration is one of the significant tools that support logistics company secure data management. Ecosystem integration is a strategy for connecting and integrating a company's main revenue-generating business activities with those of its ecosystem partners. The strategy also has the capability of merging B2B and EDI, data and application integration, and secure file transfer technologies into a unified software platform. The strategy allows logistics companies to use a single, all-encompassing integration platform and eliminate the use of multiple solutions that link to different systems and trading partners, businesses. This not only reduces integration difficulties but also helps to reduce errors by simplifying processes and connections. Furthermore, ecosystem integration is typically less expensive than implementing several solutions. It improves data flow between systems and businesses by allowing information to be communicated more accurate in real time. Integration of Artificial Intelligence in Logistics Operations: Emerging technologies such as artificial intelligence (AI) and machine learning (ML) are revolutionizing logistics and supply chain management. These technologies are highly capable of interaction with control tower systems. The adoption of real-time data processing enables AI to compute the most efficient delivery routes by effectively considering traffic, weather, and vehicle conditions. Moreover, predictive risk analytics support logistics industries to analyze historical and real-time data patterns to predict future disruptions, including delays, equipment breakdowns, and demand fluctuations. Logistics monitoring systems integrated with AI technology can immediately detect variations from expected performance or behavior, allowing users to proactive reaction to situations, including inventory inconsistencies or unusual transportation delays. Furthermore, the demand for automation in the logistics industry has spurred the adoption of AI-based solutions that eliminate human engagement in mundane activities, streamline operational procedures, and improve decision-making in control towers. Geographical Insights: In 2024, Europe led the market with a substantial revenue share, followed by North America and Asia Pacific, respectively. Asia Pacific is expected to register the highest CAGR during the forecast period. For Detailed Secure Logistics Market Insights, Visit: Market Segmentation Based on type, the global secure logistics market is divided into static and mobile. The static segment held the largest market share in 2024. Based on mode of transport, the secure logistics market is segmented into road, air, and rail. The road segment held the largest market share in 2024. Based on application, the secure logistics market is segmented into cash management, jewelry and precious metals, manufacturing, and others. The cash management segment held the largest market share in 2024. Based on end user, the secure logistics market is segmented into financial institutions, retailers, government, and others. The financial institutions segment held the largest market share in 2024. Stay Updated on The Latest Secure Logistics Market Trends: Competitive Strategy and Development Key Players: A few of the major companies operating in the global secure logistics market are Allied Universal; The Brink's Company; G4S Limited; GardaWorld Corporation; SECURE LOGISTICS LLC; Prosegur; Serco Group plc; Securitas AB; SIS LIMITED; and Loomis. Global Headlines on the Secure Logistics Market NVIDIA's GTC 2025 and ProMat 2025 are delivering a host of groundbreaking announcements that will shape the future of AI, robotics, and logistics. In June 2025, DHL Freight, along with the BMW Group and other partners, will put two trucks into real operation. This pilot test is part of the European H2Haul project promoting hydrogen mobility. In April 2025, myDHLFreight will make road freight digital and transparent, at no extra cost, self-explanatory, and user-friendly. In October 2024, Pakistan's Secure Logistics Group Limited (SLGL) entered into an arrangement to provide transport services to Maersk West and Central Asia Limited. Purchase Premium Copy of Global Secure Logistics Market Size and Growth Report (2021-2031) at: Conclusion The growing worldwide trade of high-end products, including pharmaceuticals, electronic devices, and luxury items, generates a need for safe and legally approved transportation methods is driving the market. The growth of e-commerce and online financial services has increased the demand for secure transportation of cash, confidential information, and valuable products. Furthermore, stricter rules and industry guidelines related to the handling of sensitive chemicals and medicines are driving businesses to engage in specialist logistics. Moreover, technological advancements and demand for advanced solutions IoT, GPS tracking, and real-time monitoring solutions among businesses to improve supply chain security and transparency, are boosting the market growth during the forecast period. Trending Related Reports: About Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Ankit MathurE-mail: +1-646-491-9876Home - Logo - View original content to download multimedia: SOURCE The Insight Partners Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
AB to Report Second Quarter 2025 Results on July 24, 2025
NASHVILLE, Tenn., July 3, 2025 /PRNewswire/ -- AllianceBernstein L.P. and AllianceBernstein Holding L.P. (NYSE: AB) today announced that Second Quarter 2025 financial and operating results will be released before the market opens on Thursday, July 24, 2025. Management will conduct a teleconference beginning at 9:00 am (CT), to discuss the results. The call will be hosted by Seth Bernstein, President and Chief Executive Officer; Thomas Simeone, Chief Financial Officer; and Onur Erzan, Head of Global Client Group and Private Wealth. Parties may access the conference call by either webcast or telephone: To listen by webcast, please visit AB's Investor Relations website at at least 15 minutes prior to the call to download and install any necessary audio software. To listen by telephone, please dial (888) 440-3310 in the U.S., or +1 (646) 960-0513 from outside the US, 10 minutes before the 9:00 am (CT) scheduled start time. The conference ID# is 6072615. The presentation that will be reviewed during the conference call will be available on AB's Investor Relations website shortly after the release of our Second Quarter 2025 financial and operating results on July 24, 2025. A replay of the webcast will be made available beginning approximately one hour after the completion of the conference call on July 24, 2025. About AllianceBernstein AllianceBernstein is a leading global investment management firm that offers high-quality diversified investment services to institutional investors, individuals and private wealth clients in major world markets. As of March 31, 2025, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 37.5% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 61.9% economic interest in AllianceBernstein. Additional information about AB may be found on our website, View original content: SOURCE AllianceBernstein Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
