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Developing new strategies and solutions to address the global pension crisis
Pension organizations around the world must respond to unique social and economic trends and behaviors. Despite these differences, pension organizations share a common thread—the need to respond to the global pension crisis.
An aging population, longer life expectancies and changing employee demographics is wreaking havoc on these organizations’ ability to meet pension obligations. This shortfall is complicated by the economic realities of the post-recession global economy. It is clear that the delicate balance between contributions and payment distributions has reached critical mass. Even the underlying philosophies of many pension arrangements are being questioned.
In light of this environment, pension reform is a key issue for pension organizations, private and public sector employers and employees themselves. Pension transformation will require new strategies and new ways of working. Modernizing existing systems and improving efficiencies and flexibility are fundamental to responding to the crisis. In addition, leading pensions organizations will recognize that changes must address service delivery, operations and even organizational cultures.
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Accenture’s commitment to the human services industry is clear. As thought leaders and industry experts, our experienced teams ground our work in a deep understanding of top-of-mind issues, always considering the business perspective without losing sight of the human aspect of human services.
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Pensions Transformation
Integrated Service Delivery