A report released on Tuesday by Schroders studied defined contribution plan design in several countries to try to determine the most effective design. While the report states that participants should be able to make their own decisions about their plans, it acknowledges that left to their own devices, few investors are able to actually make decisions that lead to good outcomes.
“Few are interested or engaged in pension planning and many do not have the financial education or personal data to help in these decisions. Given this reality, members must be helped,” according to the report.
Consequently, one of the main solutions for improving outcomes in defined contribution plans is simply forcing participants to save.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
