Question: Pension Design There has been a movement from defined benefit pensions (DB) to defined contribution pensions (DC) over the past 25 years. 1. What are

Pension Design

There has been a movement from defined benefit pensions (DB) to defined contribution pensions (DC) over the past 25 years.

1. What are the pros and cons of each (DB and DC pension design)?

2. If you run a small business with a DC pension plan for your workers, discuss the strategies you will employ to help overcome its limitations

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