Defined contribution: top trends of 2024  

In 2024, change is coming. Conflicts across the world and climate change shifting  weather patterns may continue, and economies will continue to move away from fossil fuels in response. Inflation still dominates forecaster conversations, and employees everywhere are feeling the pinch on their pockets.

Whether it’s a new economic regime settling in, shifting employee expectations, rising financial stress, or massive regulatory change, it’s clear: the ground is shifting under our feet. In the year to come, change may be the only constant. 

To meet the moment, your organization must transform:

• If interest rates begin to fall, will the high-growth environment we knew before return? How can I prepare my defined contribution (DC) plan for the future?
  
  
• It’s harder than ever to save with confidence, with every generation in the workforce experiencing financial stress in a different way. How can I help my employees move from financial stress to financial confidence?
  
  
• The Capital Accumulation Plans (CAP) Guidelines have been unchanged since 2004 – and soon, for the first time in decades, new regulatory guidance is expected to be released. How can my organization be prepared for a shift in our regulatory responsibilities?
  
  
• Should I try to manage the transformations that are necessary on my own – or should I delegate to a trusted partner?
  

Change can be overwhelming, whether it involves anticipating the impact of falling interest rates, finding ways to inspire employee confidence in the face of rising living costs, or navigating the impending regulatory shift.

But organizations of all sizes have options. Download our new whitepaper, Defined Contribution Top Trends of 2024: Embracing Transformation  to gain insights to stay ahead.