Initial Findings from the Collaborative for Equitable Retirement Savings

With $10.4 trillion in assets, America’s defined contribution (DC) system is a powerful generator of retirement security for millions of households. Unfortunately, this system is not equitably creating security and wealth across all demographics. Aspen Institute Financial Security Program, DCIIA, and Morningstar Retirement have launched a joint initiative—The Collaborative for Equitable Retirement Savings (CFERS)—to examine the dynamics of DC retirement savings and identify disparities in outcomes based on race and gender. The analysis of anonymized plan data, coupled with qualitative, people-centered research, provides insights into specific actions toward racial equity within the DC system.

In this webinar, we will join a discussion with Jack VanDerhei, director of retirement studies at Morningstar Investment Management LLC, Yemi Rose, founder and CEO at OfColor, Robin Diamonte, chief investment officer at RTX, and moderated by Pamela Hess, executive director at the DCIIA Retirement Research Center as they examine and discuss the CFERS findings and what this can tell about the race and gender disparities that challenge the retirement industry today.