An Organisation for Economic Co-operation and Development (OECD) working paper, published this month, has found defined contribution members risk dramatic fluctuations in retirement income unless they adopt default strategies that reduce the impact of market shocks.
The supranational body's paper - written by Pablo Antolin, Stéphanie Payet, and Juan Yermo and entitled Assessing Default Investment Strategies in Defined Contribution Pension Plans - said similar ...
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