Strategies to improve retirement outcomes

Retirement savings have decreased due to volatile markets and as businesses look for ways to help employees close retirement savings gaps, retirement plans are evolving. Streamlining and delegating retirement plan administration is a key way companies could better meet employees' needs and focus on their core business, says Aon. For several years, pooled employer plans and master trusts have been gaining momentum globally. As the name implies, these next generation defined contribution retirement plans allow employers to combine their retirement plans with other organizations. This means less...