In Asia's rapidly evolving economy, employers face mounting pressures from aging populations, longer lifespans, and shifting workforce dynamics, making effective pension and retirement strategies crucial for business sustainability.
Mandatory schemes in Asia often replace less than 40% of income, leaving significant retirement gaps. By 2060, Asia will account for 60% of the world’s population aged 65+, intensifying talent competition and driving demand for competitive benefits. Limited access to formal retirement savings adds pressure on employers to mitigate risks such as income shortfalls, compliance, and rising operational costs—making robust retirement strategies essential for workforce stability and engagement.
At Lockton, the world's largest independent insurance brokerage, we draw on global expertise and local insights across Asia to deliver customized pension and retirement solutions.
Our team assists organizations across the region and beyond in navigating these complexities to enhance employee benefits for a competitive edge.
Plan Design and Review: Tailored retirement schemes, including pensions and executive benefits, to align with business objectives and employee expectations.
Provider Selection and Management: Collaboration with top trustees and managers for efficient administration and performance oversight.
Employee Education and Engagement: Programs to boost participation and awareness, empowering your workforce.
Regulatory Compliance and Insights: Guidance on fiduciary responsibilities and market trends to reduce risks.
Merger, Acquisition, and Project Support: Harmonizing benefits during transitions for seamless continuity.
Whether addressing sustainability in mature markets or expanding coverage in growing ones, Lockton's solutions help employers build resilient strategies.
Head of Human Capital Consulting - People Solutions, Asia
arvind.usretay@lockton.com
Our People Solutions team brings creative thinking and an entrepreneurial spirit to the insurance business and is uniquely positioned to help you succeed.
Talk to our team