KiwiSaver

Japanese DC Broadens Appeals

Monday 9th of September 2002

The Japanese defined contribution (DC) system, introduced in October 2001, is gaining recognition as an alternative to the embattled corporate pensions sector. The recent approval of diversified models in the DC system, including the cash-balance type (approved in April 2002), is widening the business opportunities. Given Japan’s pensions crisis, in which dome...

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