Towers Watson

Increasing longevity and poor investment performance of superannuation funds during the global financial crisis has caused trustees and employers to rethink their approach to retirement. Trustees of DC schemes have seen their members’ retirement plans disrupted. Pensioners with account-based pensions saw their income drop. Employers with defined benefit arrangements saw their funding costs increase. How can benefit designs and investment arrangements be changed to reduce the effects of the next global financial crisis? It’s time to rethink the strategies for default investment options, post-retirement investment and planning for retirement.

Towers Watson can help trustees and employers help their members to plan for a more secure and better retirement. We have deep experience and knowledge of not just the investment issues but also the impact of various drawdown and implementation strategies on members’ accounts.