As part of its ongoing assessment of the global defined contribution (DC) savings industry, the Global Committee of the Defined Contribution Institutional Investing Association (DCIIA) conducted an initial survey of 10 key markets. This report summarizes basic information about the market size, structure, contributions, distributions, investment design, record keeping, management, retirement income, and taxes.

This summary focuses on large markets where multinational plan sponsors would normally consider adding DC plans for their foreign operations:

• Well developed DC systems (Denmark, Australia)
• Defined benefit (DB) systems in transition to DC (Netherlands, Canada, United Kingdom)
• Large markets with relatively low absolute levels of funded pensions (represented as a percentage of GDP), but with emerging public policies aimed at establishing new DC savings structures (Germany, France, Mexico, Japan, Hong Kong).

To review the report, download it here.