NU Online News Service, Oct. 25, 11:30 a.m. – Nearly half of Americans surveyed by CIGNA Retirement and Investment Services say they will pursue new investment strategies if their retirement-account performance doesn’t improve by the end of the year.
For their part, employers told researchers they are unprepared to provide the retirement-planning information employees need to make informed decisions.
These findings of the “Workplace Report on Retirement Planning” report were uncovered in two surveys commissioned by CIGNA Retirement, a unit of CIGNA Corp., Hartford, during the last two weeks in September.
One poll reached 1,000 consumers; the other collected responses from 504 human resource executives involved in administering retirement plans.