Defined contribution benefit plans occupy a significant and growing proportion of the global pension market. The defined contribution marketplace is complex and constantly changing to meet the retirement challenges of participants.
The challenges faced in managing defined benefit (DB) pension risk have never been greater, with retired members living longer, gilt yields falling, investment returns continuing to be volatile, and governance and regulation issues.
The investment landscape facing pension fund trustees and corporate sponsors has changed significantly in recent years. The range of investment strategies now available is broader and more diverse than it has ever been.