International retirement, savings plans grow in popularity
International retirement and savings plans for participants working outside their home country have continued to grow in popularity around the globe, with assets increasing 8.9% in 2020 to $17.2 billion. These plans are finding new cohorts of participants, research by Willis Towers Watson found. Originally aimed at expatriates who were unable to remain enrolled in their home country arrangements, international pension plans — known as IPPs — and international savings plans — ISPs — are also growing in popularity among...
