It's time to get behind DC

Helen Morrissey says Lord Hutton is right about defined ambition

Helen Morrissey
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At last week's SPC conference Lord Hutton urged the industry to stop "banging on" about defined ambition (DA).

While he admitted DC as it currently stands remains inadequate he believes it can be improved markedly with the use of more DB-like strategies such as liability driven investment. He added that ...

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Helen Morrissey
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Helen Morrissey

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