PensionDCisions and FTSE Group have teamed up to create an objective benchmark for the UK's defined contribution pensions market.
The FTSE PensionDCisions DC index series is designed to reflect the asset allocation decisions made by DC plans in their default strategies and the subsequent return and risk these deliver to consumers. The indices reflect various points in the lifecycle of a DC scheme, comprising the growth phase, de-risking and at retirement. The series includes saving for retirement - Growth index; approaching retirement - De-risking index consisting of three target-dated indices; and point of retirement - At-retirement index. FTSE says these indices will allow DC plans to benefit from a multi-a...
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