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Investment Vehicles in Pension Funds
Categories : Auto-enrolment Blog ETF Investment Vehicles Pension Funds
Author : Sagar
A majority of people do not save enough for retirement, and those who save, do so without understanding investment vehicles or without a goal and investment horizon. Many pension plans around the world are trying to address this by auto-enrolment, and default funds. Industry statistics in the US show that participation rates in pension plans has increased by around 15% as a result of auto-enrolment. While this is good, the default contribution rates for those auto-enrolled, however, are very low compared to those of the persons who elect to participate in pension plans.