US - The majority of retirement income for defined contribution (DC) 401(k) plans is generated by investment return, not contributions, according to research from Russell Investments.
The research showed 90% of retirement benefits were accrued by investment returns, and two thirds of these were generated post-retirement. The report's authors referred to what they termed the ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date