NDC v. FDC: Pros, Cons and Replication

Blake, David

doi:10.2139/ssrn.1964726

Abstract

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NDC v. FDC: Pros, Cons and Replication

David P. Blake

City University London - Cass Business School - The Pensions Institute

September 13, 2011

Abstract:
This paper examines the advantages and disadvantages of non-financial defined contribution (NDC) pension plans relative to financial defined contribution (FDC) pension plans. It also shows how an NDC outcome can be replicated in a FDC framework.

Number of Pages in PDF File: 12

Keywords: non-financial defined contribution, financial defined contribution

JEL Classification: J11, J14

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Date posted: December 7, 2011

Suggested Citation

Blake, David P., NDC v. FDC: Pros, Cons and Replication (September 13, 2011). Available at SSRN: http://ssrn.com/abstract=1964726 or http://dx.doi.org/10.2139/ssrn.1964726

Contact Information

David P. Blake (Contact Author)

City University London - Cass Business School - The Pensions Institute ( email )

London, EC2Y 8HB
Great Britain
+44 (0) 20-7040-5143 (Phone)
+44 (0) 20-7040-8881 (Fax)