Plan sponsors "aren't seeing participants' full retirement picture." (Photo: Shutterstock)
No longer a straight path from employment to retirement with a pension, a U.S. employee's work history today is cobbled together from "a mosaic of past jobs, patchy defined contribution (DC) plan participation and a scattering of savings."
And that leads to holes in retirement strategy that aren't always getting filled in.
That's among the findings of State Street Global Advisors' latest Global Retirement Reality Report, which also points out that plan sponsors "aren't seeing participants' full retirement picture," which could prove disastrous to those participants in years to come.
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