students walking Many academicand non-profit employers are trying to address the needs of thepresent employment marketplace with a retirement platform that isrooted in the past. (Photo: Shutterstock)

Recent news articles have noted that several colleges arejoining forces to pool their employee retirement accounts andlower administrative costs.

This trend reflects a simple fact: Academic and non-profitinstitutions, like all employers today, are facing workplacepressures due to rising costs, disruptive technology, and the needsof a new generation of employees. To attract and retain talent inthis environment, institutions must offer the most attractive benefits programs – withoutstraining their administrative or financial resources.

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