Northern Trust, NEST Corporation, and The People's Pension cover sustainable investing approaches, how major UK pension funds integrate ESG into their investment processes, and a deep dive into climate change as an intergenerational risk transfer issue for DC plan participants.

Originating from DCIIA's Retirement Income Committee, this release announces a series of six white papers under the theme "Design Matters: The Retirement Tier," introducing the concept of a retirement tier as a framework for broadening DC plan goals beyond accumulation to also support participants nearing or in retirement. The series covers the retirement tier's potential components, benefits, challenges, and a roadmap for implementation.

Assess the pros and cons of a key retirement tier decision — whether, how, and to what extent to allow/not allow retirees to stay in the plan and take partial withdrawals.

Start here for an overview of the entire white paper series plus the infographic seen on this page.

The full white paper and all resources are available in one pdf.

“Retirement tier” is a broad term; for the purposes of this series, DCIIA has defined it as a range of products, solutions, tools and services, all of which allow a DC plan sponsor to broaden the plan’s goal from one wholly focused on savings to one that also accommodates and supports participants who are near, entering, or in retirement.

Find out why the need to assist retirees and near retirees is being elevated in importance. Reasons include the sheer number of people approaching retirement, the complexity of choices that need to be made and new developments that are making offering assistance and support at and during retirement easier.

Discover how a plan sponsor can create a retirement tier and learn from three hypothetical case studies that are designed to highlight how the process of developing a retirement tier need not be especially complex.

Learn how a retirement tier fits in with a plan's investment tiers. Common misconceptions about the retirement tier and potential components are discussed.