Towers Watson

The financial crisis has exposed significant flaws in existing retirement plans, forcing employers to ask some tough questions. Can we maintain our plans? What are the most viable alternatives? Do we understand the long-term costs and workforce implications? The right answers should balance risk to the organisation with risk to employees while delivering cost-effective benefits that attract, engage and retain the right people. Meanwhile, reform efforts in the U.S. and other potential government-backed solutions will have huge financial and workforce implications.