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

Fantasy football and investing more similar than you think
The end of the football season is upon us. Managers of fantasy football teams are reflecting on their performance and considering how they might impro
15th anniversary of the Bitcoin pizza worth now over USD1bn
Bitcoin pizza day marks the 15th anniversary of the first recorded real-world Bitcoin transaction. Laszlo Hanyecz spent 10,000 Bitcoins on two pizzas.
Charting the course for open finance
The FCA reflect on their recent Open Finance Sprint and map a future of financial services led by adaptability, inclusivity and a user–driven approach

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.