Reshaping Retirement Security: Lessons from the Global Financial CrisisThe worldwide financial crisis has wrought deep changes in capital and labor markets, old age retirement systems, and household retirement and consumption patterns. Confidence has been shaken in both the traditional defined benefit and defined contribution plans. Around the world, plan sponsors, fiduciaries, policymakers, and households have gained a new awareness of retirement risk. When pressed to reform post crisis, many would recommend enhancing