Thursday, 30 March 2017

    Jack Jones

    "Political risk is growing'"

    Jack Jones, Editor

    Jargon Buster: Defined Contribution

    Sometimes also called ‘money purchase’ schemes. In a defined contribution scheme, each individual holds his or her own ‘pot’ of money, which will be used after retirement to provide an on-going source of pension income. All the investment risk sits with the member, not the employer.

     

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