Alex Beveridge looks at the protracted, troubled and delayed adolescence of DC schemes.
As coming of ages go, defined contribution has had one of the longest ever. The retirement vehicle has had, to say the least, a protracted and troubled adolescence as trustees and employers have largely focused on the risk posed by legacy defined benefit schemes. But, I genuinely think things are changing, and the change is coming from the ground up. What set me off on this train of thought was reading the results of a survey, done by Clear Path Analysis (http://www.professionalpensions.com/professional-pensions/news/1591918/schemes-sceptical-target-date-fund-suitability ) whic...
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