DC defaults 'bounced back' in 2023 providing positive returns for many

Barnett Waddingham finds all age cohorts benefited from rising equity markets and positive performance

Jasmine Urquhart
clock • 4 min read
Barnett Waddingham found DC governed defaults performed well last year after a 'turbulent' 2022
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Barnett Waddingham found DC governed defaults performed well last year after a 'turbulent' 2022

Returns from defined contribution (DC) default retirement plans “bounced back” in 2023, according to research from Barnett Waddingham.

The consultancy's research into 22 DC governed defaults across 18 providers found in the year to 31 December 2023, all age cohorts benefited from positive returns. One-year and five-year perform...

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Jasmine Urquhart
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Jasmine Urquhart

Senior Correspondent at Professional Pensions

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