Pointers towards a better pensions landscape
As pension arrangements around the world increasingly shift the onus for making provision in retirement to individuals, the savings industry faces a set of unfamiliar issues. Whereas the management of defi ned benefi ts arrangements is fundamentally an investment challenge, the challenge in defi ned contribution (DC) is much more about emotion and psychology. In DC, sound investment principles are very likely to come into confl ict with the messy real-world human biases and preferences that characterize individual savers.
The views and opinions contained herein are those of Schroders' investment teams and/or Economics Group, and do not necessarily represent Schroder Investment Management North America Inc.'s house views. These views are subject to change. This information is intended to be for information purposes only and it is not intended as promotional material in any respect.