A 401(k) or 403(b) account, in contrast, is a defined-contribution plan because you determine the amount you (and perhaps your employer) contribute to it — by specifying that, say, 5% or 10% of your ...
Companies shifting pension assets en masse to insurers seems to be a trend that will not buck anytime soon in the U.K., though an evolving marketplace, a new chance for firms to access their surpluses ...