OECD recommendation for the good design of defined contribution plans
28 March 2022: The OECD has adopted a recommendation for the good design of defined contribution pension plans.
It is intended to assist governments in designing both occupational and personal pension plans in which retirement income depends on contributions paid, investment returns, and the way assets are paid out over retirement (defined contribution pension plans).
The recommendation incorporates the revised 2012 OECD Roadmap for the good design of defined contribution pension plans which has been updated to include insights acquired over the past few years.
Full details can be found on the OECD website here