Research

DC: The movie - It's a wonderful life or Oliver Twist

 

April 6, 2018

This paper - which builds on the stronger DC purpose paper and is written in the format of a movie script – puts the end saver at the heart of the defined contribution pension story. At present, the DC system is primarily a savings and investment structure, designed to take an individual only up to retirement. The journey continues long after retirement, as the savings need to last for literally a life time. This paper is about managing the whole of a member’s journey.