Investment - Articles - Generation Y - Impact on Retirement Planning 2025


Retirement provisions have seen major changes across the globe. Company sponsors and pension schemes' can no longer afford to pay the size of pensions promised to "Baby Boomers" and "Generation X." As a result, many countries are shifting from "DB" style pensions to "DC":

DB = Defined Benefit = Pension based on final-salary/average career earnings, often rising with rate of inflation. Investment risk is borne by pension scheme/sponsor rather than the individual.

DC = Defined Contribution = Pension based on an individual's contributions to their own retiement pot during their working life . Investment and inflation risk lies with individual members rather than scheme/sponsor.

 

Back to Index


Similar News to this Story

Schroders receive FM mandate from RNIB Retirements Scheme
Schroders Solutions today announces it has been awarded a £170 million Fiduciary Management (FM) mandate by the Royal National Institute of Blind Peop
Comments on the unexpected fall in inflation
Standard Life and My Pension expert comment as inflation unexpectedly falls to 2.5%
PIC complete full buyin for Holophane Retirement Scheme
Pension Insurance Corporation plc (“PIC”), a specialist insurer of defined benefit pension schemes, has concluded a £24 million full buy-in of the Hol

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.