A majority of U.S. employers are using non-qualified deferred compensation plans for executive retention (68 per cent) and to support broader financial planning goals such as remaining competitive with peers (53 per cent) and helping participants save for retirement (52 per cent), according to a new survey by NFP Corp.

The survey, which polled more than 250 employers, found nearly nine in ten (87 per cent) said plan members are satisfied with the impact of deferred compensation plans on their retirement preparedness. READ MORE