- Defined Contribution Plans in the US and the UK: Lessons From Across the Pond
- February 22, 2018 | Author: Adam B. Cohen
- Law Firm: Eversheds Sutherland (US) LLP - Washington Office
Eversheds Sutherland is pleased to announce that it has published a paper—“DC Plans in the US and the UK: Lessons From Across the Pond”—which addresses the differences between defined contribution (DC) plans in the US and the UK and the lessons that can be learned from these programs.The paper is a high-level overview of the legal, regulatory and policy framework governing DC plans in both jurisdictions. It provides an analysis of the shift away from defined benefit (DB) plans in the US and the UK, to the widespread use of DC plans by both countries as the primary way of providing workplace pensions—a trend which began in the US and then moved across the pond to the UK.