UK - In 10 years' time, there will be no defined benefit schemes as we know them now, according to Gerald Hough, managing director for European and Middle Eastern pensions at Deutsche Asset Management (DeAM).
Speaking at DeAM’s ‘Investing with Insight’ conference in London, Hough said that final salary schemes are generally restrictive and many of them will change to a DC arrangement because of costs, r...
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