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Retirement

next issue no. 12: The future of defined contribution

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The evolution of benefits

In this edition of next we are proud to introduce our Benefits 2.0 research. This pioneering dataset, commissioned from Economist Impact, covers a range of benefits, including retirement programs, health insurance, life/disability insurance, paid time off, family support (e.g., parental leave, childcare, elderly care and family planning) and education and training. Through our survey, more than 1,500 people from industries across the country and various seniority levels were interviewed to gain their perspectives on what their companies offer and how benefits should continue to evolve. Our research establishes three significant themes: employee priorities are shifting, but businesses aren’t answering the call for tailored benefits; as such 70% of workers would consider switching jobs for better benefits; and two-thirds of workers say their organizations don’t tout benefits or train sufficiently, so benefits go unused.

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DEFINED CONTRIBUTION
View past issues of next, looking back on the evolution of defined contribution.
Topics covered
SECURE Act 2.0
Gender gap in retirement
Securing income through retirement
Retirement readiness
Strengthening the default
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Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA).

The views and opinions expressed are for informational and educational purposes only as of the date of production/writing and may change without notice at any time based on numerous factors, such as market or other conditions, legal and regulatory developments, additional risks and uncertainties and may not come to pass. This material may contain “forward-looking” information that is not purely historical in nature. Such information may include, among other things, projections, forecasts, estimates of market returns, and proposed or expected portfolio composition. Any changes to assumptions that may have been made in preparing this material could have a material impact on the information presented herein by way of example. Past performance is no guarantee of future results. Investing involves risk; principal loss is possible.

This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or an investment strategy, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her financial professionals.

This information does not constitute investment research as defined under MiFID.

Please note that this information should not replace a client’s consultation with a tax professional regarding their tax situation. Nuveen is not a tax advisor. Clients should consult their professional advisors before making any tax or investment decisions.

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