Collective DC: Risk sharing arrangements in Europe

Sponsors of occupational pension schemes around the world are trying to reduce expenses and volatility while remaining competitive and honoring their commitments. Differing regulatory regimes, tax structures and market practices have led to varying approaches, ranging from defined contribution schemes to hybrid schemes, such as "DC-plus-guarantees." In this article, Craig Burnett, the European DC consulting leader for Mercer's retirement business, discusses the growing popularity of Collective Defined Contribution schemes, which share risk across all members, regardless of generation.  (Access limited, Select News, 17 Aug 2009)

• Collective DC: Risk sharing arrangements in Europe

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