2023 MFS DC Plan Sponsor Survey

Last fall we conducted an insightful exploration into employer views on a wide variety of retirement issues through a robust survey of more than 140 plan sponsors.

This study gathered sponsor perspectives on retirement confidence, managing investment lineups in uncertain markets, retirement income and their views on an array of legislative issues and litigation concerns.

Our survey revealed three overarching themes:

1. Employers and Employees are Concerned About Retirement Readiness.
2. Investment Lineups are Being Re-Evaluated, Including Retirement Income Solutions.
3. 2024 Trifecta of Employer Concerns: Litigation, Legislation, and a Litany of Administration.

In this report, we complement our plan sponsor findings with data from the 2023 Global Retirement Survey “The Road to Better Outcomes” – which surveyed more than 4,000 plan participants in four countries - to highlight synergies and disparities between employer actions and employee expectations. 

Through this dual lens spanning participant and employer views, we believe industry practitioners can gain actionable insights to enrich their understanding of the retirement landscape and proactively address evolving retirement challenges in 2024 and beyond.