Pension trends show US private-sector DC plans growing, while public DB funds remain common. UK and Netherlands lead reform, de-risked DB and DC frameworks, with a shift toward equities for DC DB maintains listed bonds for inflation protection. In the Netherlands, the DB-to-DC transition accelerates mid-2026, hedging and shorter duration redefining allocations. Global commentary notes reliance on IG credit, linkers, and private assets within CDI structures as retirement near. Additional source facts to use if concrete back these trends across regions and markets.
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In the US, DC dominates private sector pension arrangements while federal, state and other public pension funds remain mostly DB. Allocations to private credit and infrastructure continue to rise, supported by lifecycle designs retaining equity exposure. This trend should be maintained in 2026. The €1.6trn Dutch pension system is transitioning from DB to DC under the Future Pensions Act. Over half of the participants will migrate by mid-2026, a pivotal year for reallocations and hedge...
www.axa-im.com.sgIn the US, DC dominates private sector pension arrangements while federal, state and other public pension funds remain mostly DB. Allocations to private credit and infrastructure continue to rise, supported by lifecycle designs retaining equity exposure. This trend should be maintained in 2026. The €1.6trn Dutch pension system is transitioning from DB to DC under the Future Pensions Act. Over half of the participants will migrate by mid-2026, a pivotal year for reallocations and hedge...
core.axa-im.comBy 2026, the UK and Netherlands will lead modern pension reform. The UK’s de-risked DB and scaled DC frameworks and the Dutch collective DC model will define global standards in governance and transparency Equities, despite high valuations, will remain a key DC accumulation component, globally diversified as home bias declines. DB portfolios will keep listed bonds at their core for duration and inflation protection, while DC plans rely on IG credit, linkers, and short duration as defensive...
www.axa-im.chGlobal pension trends: What to expect in 2026
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