Most experts agree that nearly all retirement plan providers will offer apps for mobile devices with functionality beyond that available on a web site. And nearly all plan providers will offer websites optimized for use on handheld devices.
These are key finding of “Transamerica Retirement Solutions Prescience 2017,” a study that examines trends in retirement plans with $25 million to $1 billion in assets. The Transamerica survey is based on the answers of 55 retirement plan experts from 45 organizations nationwide.
The survey reveals that nearly eight in 10 (78 percent) of survey respondents agree or strongly agree that most retirement plan providers will offer a service that shows if employees are on course to a full-funded retirement. A similarly large majority (84 percent) agree that plan providers will offer a service that tells participants the amount they need to save to reach a fully-funded retirement.