About 80% of financial and human resources executives are saying increased access to 401(k) plan investment planning advice is more important for employees now than it was a year ago.
Charles Schwab Corp., San Francisco, is reporting that finding in a summary of results from a survey of about 200 finance and human resources executives at employers with more than $100 million in annual revenue.
The company found that 66% of the executives polled said making more financial education available in the workplace is more important for employees now than it was a year ago.
Despite the recent market setbacks, 51% of the executives said they see no change in 401(k) plan participation rates.