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
Image:

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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Defined Contribution

DC Future Book highlights major growth in DC, with assets quadrupling since 2015

DC Future Book highlights major growth in DC, with assets quadrupling since 2015

DC Future Book shows median DC pot sizes reached £15,000 in 2024

Martin Richmond
clock 23 October 2025 • 3 min read
IFM Investors: Aligning pension capital with long-term growth

IFM Investors: Aligning pension capital with long-term growth

Cath Bowtell says the conversation between Australia and the UK around long-term investment is entering a new chapter

Cath Bowtell
clock 23 October 2025 • 4 min read
'Crucial' to consider savers' needs amid expansion in pension offerings

'Crucial' to consider savers' needs amid expansion in pension offerings

LCP says industry is at an ‘inflection point’ in UK pension provision

Martin Richmond
clock 22 October 2025 • 4 min read
Trustpilot