Three things can be done to ease the uncertain future of younger workers' retirements: work longer; lower retirement benefits; and increase savings.
Author Michael S. Falk says health-care and retirement plans should be disconnected. "Employers aren't in the retirement business," Falk says.
A trifecta of headwinds is challenging the pension management industry today, said Mark J. Fuller, president and CEO of the Ontario Pension Board.
Nearly a third of workers globally say they want a flexible transition to their retirement, but only about 25% of employers have phased retirement programs.