Tag: retirement income
The brief’s key findings are: Defined benefit pensions are waning due to financial volatility, regulations, and a changing economy. In the UK, pension buyouts – whereby sponsors pay an insurance company to take over plan assets and liabilities – have emerged to help manage the decline. In the US, policymakers resist buyouts, as they would…
The brief’s key findings from a 2006 survey are: Employers expect many of their older workers will need to work longer, but are lukewarm about keeping them. Employers are failing to confront a potential disorderly retirement process. Firms more inclined to help workers plan for retirement or work longer tend to be large, fast-growing, and…
