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.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
