
Shrinking workforce
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Russia would raise its retirement age for men to 65 by 2024, but life expectancy is projected to be 70 years.
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By Lynn Cavanaugh | July 01, 2025
While over half of annuity providers already offer a retirement in-plan solution, a majority believe that automatic plan defaults will be the most effective catalyst for broader adoption, according to a Goldman Sachs annuity survey.
By Lynn Cavanaugh | June 30, 2025
The Retirement Fairness for Charities and Educational Institutions Act of 2025 is supported by the National Association of Government Defined Contribution Administrators, which serves 15 million teachers, hospital workers, and nonprofit employees.
By Lynn Cavanaugh | June 23, 2025
A federal court overruled the Pension Benefit Guaranty Corporation’s decision not to offer financial assistance to the bakery fund, but it now opens the door to 100 other previously ineligible pension plans to apply for special financial assistance, says the risk advisory letter.
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