February 21, 2018
Defined contribution schemes account for 48% of global pension assets.* As more individuals must convert those retirement savings into retirement income, plan sponsors and advisors can take part in solving this universal challenge. To support your efforts, MFS® recently conducted a global retirement income survey in which, for the first time, we spoke to participants and retirees in four regions – the United States, Canada, the United Kingdom and Australia. The survey results provide insights on threats to financial wellness, investment solutions needed and your role as a trusted resource in helping participants and retirees meet their retirement income goals.
FOR INSTITUTIONAL AND INVESTMENT PROFESSIONAL USE ONLY.
2017 MFS Global Retirement Income Survey Methodology.
Total Base: Global Members: 2,800; Global Retirees: 1,200. • Mode: 15-minute online survey. • Sponsorship: MFS was not identified as research sponsor. • Field period: May 30–June 13, 2017.
Weighting: Data were weighted in each country to reflect the age/gender balance of retiree and participant populations. US Base: 700 Members, 300 Retirees, US Census 2010 balanced gender within each age group; Participant, 2014 ERBI Databook balanced age/gender by participants in workplace plans.
UK Base: 700 Members, 300 Retirees, Office of National Statistics 2014 balanced gender within each age group: Participant is unweighted - no datasets available.
Canada Base: 700 Members, 300 Retirees, Statistics Canada 2016 balanced gender within each age group: Participant, Benefits Canada CAP Members survey 2013, balanced age/gender of participants.
Australia Base: 700 Members, 300 Retirees, Australian Bureau of Statistics 2016 balanced gender within each age group: Accumulator, Australian Bureau of Statistics 2009 balanced age/gender of participants in accumulation phase.
The views expressed are subject to change at any time. These views are for informational purposes only and should not be relied upon as a recommendation to purchase any security or as a solicitation or investment advice from the Advisor.
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