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DC plan sales expected to be 'considerably lower' the rest of 2020

from Insurance News Net

DC plan sales expected to be 'considerably lower' the rest of 2020 Insurance News Net The coronavirus pandemic is expected to drive down defined contribution plan sales for the remainder of 2020. Employers — many who are dealing with the potential of lower revenue and managing remote work arrangements and the uncertainty of when things will return to normal — may choose to delay or cancel plans to put their defined contribution (DC) plans out to bid. This would significantly impact DC plan sales in 2020. READ MORE

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