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Trust. Where does your plan provider rank?

How does my retirement plan provider rank on the trust scale? Being able to trust the company that is managing your plan is an integral part of saving.

  • Plan Provider

Plan Provider

Intuitively we know that Trust plays an important role in retirement savings. We now have data to measure and evaluate how well major service providers rate on this critically important issue.

In 2013, NARPP conducted a study with over 5,000 people saving for retirement to better understand the issue of trust. We asked people to rate their current plan provider on a variety of issues including trust.

The chart below shows the percentage of people who said they can trust their provider “Just About Always”.

 

About the study: The study was designed in collaboration with NARPP’s academic advisors and with Boston Research Technologies. The data were collected online, in a ten- minute survey. All profiled plan providers had a statistically valid sample. For those who did not, they were not included in the study. *

Our goal is to change how we think about saving.

I founded NARPP as a non-profit, because I believe that retirement savings should be about people— and making their lives better. Not about assets under management, sales goals and commissions. The process of saving for retirement has become so complex and confusing it is not surprising that people have a hard time figuring out what’s in their best interest.  It doesn’t need to be this way. At NARPP we are committed to simplifying the complex, delivering fair and transparent investment information, and giving people ownership and control of their retirement savings. Our singular mission is to help you succeed.

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