RT Journal Article SR Electronic T1 Defined Contribution Retirement Plans Should Look
and Feel More Like Defined Benefit Plans JF The Journal of Portfolio Management FD Institutional Investor Journals SP 61 OP 76 DO 10.3905/jpm.2017.43.2.061 VO 43 IS 2 A1 Antti Ilmanen A1 David G. Kabiller A1 Laurence B. Siegel A1 Rodney N. Sullivan YR 2017 UL https://pm-research.com/content/43/2/61.abstract AB Defined benefit (DB) pension plans are, in principle, the best vehicles for delivering retirement income, but the structure that is substituting for them—the defined contribution (DC) plan—has, to this point, delivered uneven and often inadequate results. The authors believe that DC sponsors can do much better in the future by adopting the best features of DB plans while maintaining many important advantages of DC plans. They show how outcomes for investors using DC plans can be greatly improved.TOPIC: Retirement