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RAPPORT

2016 Hot Topics in Retirement and Financial Well-Being

a marked shift

Throughout the 12-year history of Aon Hewitt’s Hot Topics in Retirement and Financial Well-Being reports, we have seen significant changes in the focus employers placed on financial benefits.

A dozen years ago - before phrases like “too big to fail” and “great recession” entered our lexicon - we saw that employers were concentrating on increasing workers’ perception of their defined contribution plan’s value. Then, as the dust was settling from the upheaval of the financial crisis, employers focused on mitigating risk and assessing the appropriateness of their retirement plan designs.

Now, we are on the verge of a tipping point. Over the next 12 months, we expect to see a marked shift in how employers are helping workers gain a solid financial footing:

  • Employers are offering workers a bevy of tools and services to improve financial well-being.
  • Employers are providing more assistance to near-retirees to help them navigate the retirement process.
  • Employers are casting a keen eye on ways to help workers preserve money earmarked for retirement income.

 

We applaud employers for evolving the landscape of the financial benefits available to workers, and thank you for your interest in our report.

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