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Sounding Board: How pension plans can evolve to support the next generation of employees
['Noam Sela']
News | Benefits Canada.com
But the latest findings from the Healthcare of Ontario Pension Plan’s Canadian retirement survey tell a different story.
The pension industry has been incredibly successful at delivering on its core promise: helping people achieve financial security in retirement.
But many pension plans were designed decades ago for a workforce and economy that looked very different from today’s.
The challenge for pension plan sponsors is whether they’re evolving quickly enough to meet today’s needs.
This new research shows the next generation is already asking for retirement security.