retirement plan costs and investment choices provided, make it important to understand how people select their retirement plan … participant investment choices that resulted from the streamlining and how these changes might affect participants' eventual … rates and expense ratios, and we estimate this could lead to aggregate savings for these participants over a 20-year period …

market risk. Using Monte Carlo simulations on three different guaranteed returns to test the investment strategy of the SP … against a balanced investment portfolio, we measure their performance across a wide variety of capital market returns and risk … scenarios. The results show that the SP guarantees a minimal return on the pension savings portfolio and offers a higher …