Market fluctuations have impacted the value of all defined contribution plans during 2020
The actual impact varied between members of the same schemes and depended on how individual members of DC plans reacted to the falls in the early part of the year.
In an article entitled “Volatility in Members’ Funds – Lessons from 2020”, John Grant of Fitzgerald Actuarial Limited looks at how members have reacted to market fluctuations in 2020 and provides insights for sponsors, trustees, members and those involved in the pensions industry.
https://fitzgeraldactuarial.ie/volatility-in-members-funds-lessons-from-2020/
This article is to be featured in the November edition of Irish Broker Magazine.