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| Open Defined Contribution Plans Lead in United Kingdom, According to Hewitt Business Insurance; free registration required  May 24, 2005 Excerpt: A study of U.K. occupational pension plans has revealed that, of those plan studied, there are more open defined contribution plans than open defined benefit plans. Hewitt Associates in London studied 460 pension plans operated by 277 U.K. companies in various sectors and of various sizes. According to the study, 32% of plans operated by the employers studied were open defined contribution plans, while 26% were open defined benefit plans, a spokeswoman for Hewitt said. |
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