Longevity Unlocked: Retiring In the Age of Aging
Presented by Oliver Wyman
2024 Global Wealth and Asset Management report with Morgan Stanley
What are the challenges created by global aging and the shifting of the retirement burden onto individuals? In our 2024 Global Wealth and Asset Management edition with Morgan Stanley we explore the global industry outlook and how wealth and asset managers can capture the $400 billion incremental revenue opportunity arising from these dynamics. We also provide an update on the generative AI revolution and lessons learned over the last year.
The greatest value will accrue to those firms that can adopt a “retirement ecosystem mindset” and assemble client-centric solutions — either through partnerships, breaking down internal silos, or pursuing technology-driven platform plays — that cut across the asset management, wealth management and insurance industries.
Not only does solving the retirement challenge create a tremendous revenue opportunity for wealth and asset managers, but it will also provide a huge societal benefit as well.