Virtual launch of a series on empowering financial security and well-being with a focus on “Reframing Retirement”
NEW YORK, November 4, 2021 /PRNewswire/ — EY today announced the launch of EY Innovation Studio (EYIS): Enhancing Financial Security and Wellbeing. The program is a key part of the company’s broader focus on financial well-being and long-term value. Year 1 cohort focuses on “Reframing Retirement”, reflecting EY’s vision for the future of the retirement ecosystem and highlighting the fundamental challenges and shifts the industry needs to address to continue to meet the growing needs and expectations of its customers.
“COVID-19 has underscored the existing disparities within the current American retirement industry and has accelerated the changes that have surfaced in recent years,” said justin singer, Partner, Financial Services, Ernst & Young LLP and Head of US Retirement at EY. “The goal of ‘Reframing Retirement’ will be to focus on critical issues and inform the ecosystem to produce better financial results.”
EY management believes this is a critical time for the retirement industry and is committed to helping leaders move from reaction to reframing in this ever-changing landscape to improve the well -being financial to millions of Americans. Engaging the C-suite and other senior executives from across the retirement landscape – wealth managers, insurers, plan sponsors, asset managers, consultants, government, archivists, associations and technology companies – the program elevates diverse ideas and Actionable insights that influence programs related to social impact and improved consumer outcomes. This initial five-month program will provide insights for executives to think beyond established boundaries to envision tomorrow’s growth opportunities and conceptualize optimal strategies for success.
“The retirement industry is experiencing significant disruption and we expect this change to persist,” said David Kadio-Morokro, chief financial services innovation officer at EY Americas. “Our clients need to understand these changes across their broader ecosystem to create opportunities for their businesses and the future of the industry. We believe our unique EYIS program creates these avenues.”
The EYIS Financial Security and Wellbeing Event Series gives attendees the opportunity to:
- Creating a vision for the future of financial services and retirement
- Define the business case for change
- Understand the opportunities for sustainable innovation and strategic agility
- Explore accelerators and use cases that create long-term value for businesses and consumers
“Today, retirement industry leaders must navigate a rapidly changing environment while managing interactions with employers and ensuring the financial well-being of members, retirees and beneficiaries. The goal of the program This year’s EYIS ‘Reframing Retreat’ is to educate and explore new ways for these institutions to create value, security and trust for a wider set of stakeholders than ever before,” said Josef Pilgrim, EY Global Pension and Retirement Leader. Attendees of this year’s EYIS series of events will have the opportunity to connect with key influential industry leaders across the retirement ecosystem.”
For more information on EY Innovation Studio (EYIS): Building Financial Security and Wellbeing, visit ey.com/en_us/financial-services/ey-innovation-studio-empowering-financial-security-and-wellness
For more information about our retreat practice, visit ey.com/en_us/financial-services/reframing-retirement
EY is a global leader in assurance, tax, strategy, transaction and advisory services. The knowledge and quality services we provide help build confidence in capital markets and economies around the world. We develop exceptional leaders who team up to deliver on our promises to all of our stakeholders. In doing so, we play a vital role in building a better world of work for our people, our customers and our communities.
EY refers to the global organization and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information on how EY collects and uses personal data and a description of the rights of individuals under data protection legislation are available at ey.com/privacy. For more information about our organization, please visit ey.com.