Industry experts around the world agree that retirement systems must be reformed, starting with a lowering of benefit expectations as people live longer, according to an Ernst & Young report on the state of pensions globally.
The report, "Building a Better Retirement World," noted that the aftermath of the global financial crisis created new challenges in efforts to tackle the costs involved with aging and longevity.
After reviewing 18 pension and retirement markets across the globe, E&Y identified several areas that need to be addressed to better meet the issues facing the retirement industry and retirees. Among them:
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- 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.
