7/4/2013 – “Better” Business? (EBRI)

It has become something of a truism in our industry that defined benefit plans are “better” than defined contribution plans. We’re told that returns are higher and fees lower in the former, that employees are better served by having the investment decisions made by professionals, and that many individuals don’t save enough on their own to provide the level of retirement income that they could expect from a defined benefit pension plan.

However, a recent analysis by EBRI reveals that DB is not always “better,” at least not defined as providing financial resources in retirement.

Read the full article at the Employee Benefit Research Institute (EBRI).

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.