Reported about 1 year ago
A survey by Franklin Templeton found that 84% of workers desire more personalized investment options in their 401(k)s, highlighting the importance of personalization in financial planning. Kevin Murphy, Franklin Templeton's Head of Institutional Retirement and Strategic Growth, emphasizes the shifting focus from traditional 'retirement' to financial independence, especially among Millennials who juggle various financial goals. The call for tailored benefits is seen as a tool for talent attraction and retention. With advancements in technology, delivering financial solutions through the workplace in a personalized, convenient way is gaining momentum.
Source: YAHOO