UK - Research shows the UK as the earliest and most active adopter of new investment strategies designed to reduce the volatility and risk related to defined benefit (DB) pension schemes, while actively preparing for a mass change-over to defined contribution (DC) schemes.
According to figures released by Greenwich Associates, 68% of UK DB schemes are closed to new employees, up almost 28% from four years ago, while 85% of employers have some kind of DC plan in place...
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