CEO Julio Portalatin discusses what increasing life expectancy means for the world's retirement systems.
The future of financial security is digital
Mercer’s Healthy, Wealthy and Work-Wise: The New Imperatives for Financial Security examines the forces profoundly impacting how people live, work and save. Healthy, Wealthy and Work-Wise is Mercer’s initiative that equips all decision makers – governments, employers and individuals – with the insights, data and technology-driven solutions needed to create personalized plans and benefits to meet all employee’s needs. Download the global and country research reports to see where financial security risks are the greatest.
We have been exploring the role technology can play in boosting savings. Our latest paper, Technology: Driving a Revolution in Financial Fitness, examines why smart companies are using technology to deliver an employee experience that empowers the workforce and improves the physical and financial well-being of individual employees and their families.
Online financial tools are flourishing
- 85% of adults are interested in online financial tools
- Two-thirds are comfortable managing their savings using mobile banking, online tools or smart apps compared to only 36% being comfortable with robo-advisors.
- People want do-it-yourself technology tools that are easy-to-use, secure and personalized that empower them to make their own decisions.
- 79% trust their employers to deliver sound advice on planning, saving and investing.
How Mercer Can Help
The stress of financial security is impacting all countries, organizations and people and is the next global crisis. Leaders need to work together to ensure financial security does not become the next generation’s burden and the time to cultivate financial security is now.
Mercer’s retirement, investment and financial wellness programs help employees take action and reduce financial worries while employers increase workforce engagement and productivity.
By Renee McGowan. Published on 10 January on WEF.org as part of the World Economic Forum Annual Meeting.
We set out to understand the drivers of female advancement and identify the steps organizations can take to leverage this movement for change.
Mercer's Ilya Bonic, President of Careers, describes how technology is the key to enhancing the employee benefit experience.
Martine Ferland, President, EuroPac and Co-President, Health, Mercer discusses how technology can support employees through their full lifecycle.