Defined Contribution
Investment Design for Workplace Pension Plans
The landscape for defined contribution (DC) plans is constantly changing, and our investment solutions are evolving to anticipate the opportunities and challenges presented by the new retirement era.
Our Expertise
Experience
More than 30 years of defined contribution (DC) investments
Client focus
The client-centric approach that we pursue prioritises the development
of bespoke solutions to best realise the specific goals of members throughout their retirement journey.
Innovation
Our product design aims to solve for the main DC challenges (e.g. longevity risk, underfunded pensions pots) by focusing on achieving efficient growth and income adequacy at retirement.
Thought leadership
Comprehensive and ongoing research and insights into DC members’ behavioural patterns, market trends, public policy, ESG and sustainability.
Scale
State Street Global Advisors is one of the world’s largest asset managers with over $4 trillion of clients funds under management2. Anchored by a long history of innovation and pioneering products, we have been at the forefront change in the asset management industry and the breadth of our index and active strategies underpin our ability to create cost-effective solutions.
DC Plan Assets 2
Participants 3
Target Retirement AUM 2
Celebrating 10 Years of Timewise
November 2024 marked the ten-year anniversary of State Street Global Advisors’ Timewise Target Retirement Funds. The funds were launched to equip DC schemes with effective, well-governed default options that adapt to changing market conditions, regulations, and member behaviour, driving better outcomes for members.
Our Offerings
Target Date Funds
Unlocking the value of diversification by leveraging more precisely selected asset classes
Timewise Target Retirement Funds 2024 Annual Review – UK
Each year, the Defined Contribution Investment Group (DCIG) conducts a comprehensive review of its target retirement strategies.
Innovation in DC
Liquid Real Assets in DC Pension Plans
In this paper we discuss how a strategic exposure to liquid real assets can be a useful component in a DC default investment strategy, providing not only further diversification but also long term protection in different inflation environments.
Latest Insights
Our Research-
2024 – New Choices, Big Decisions - Unravelling the Impact of the Cost of Living Crisis
Early retirees are returning to work partly due to rising living costs, often choosing part-time, low-stress roles. An ongoing study, running since 2016 in collaboration with The People’s Pension highlights the need for financial strategies and retirement planning to address these challenges.
2023 – Global Retirement Reality Report - Regaining Retirement Confidence in a Post-Pandemic Environment
Fielded since 2018, the Global Retirement Reality Report (GR3) provides insight into how world events, government policy, economic trends, and societal attitudes impact retirement plan participants’ views on preparing for and living in retirement.
2022 – Pensions Policy Institute - How will future pensioners use guaranteed income products?
Sponsored by State Street and commissioned by PPI, the report explores the role that guaranteed retirement income products may play in the future.
2021 - New Choices, Big Decisions – 5 Years On
Five years on from the introduction of Pension Freedoms, new research by The People’s Pension and State Street Global Advisors has shown that mature savers are sleepwalking into retirement.
2016 - New Choices, Big Decisions - Pensions Personalities (Part 2)
Building on our earlier study of decision-making, this report by SSGA and The People’s Pension takes a deeper look into the future, analysing how personality traits could influence retirement income and expanding on the findings of the initial research.
2016 - New Choices, Big Decisions - Exploring Consumer Decision Making and Behaviours Under Pension Freedom and Choice (Part 1)
Following the introduction of pension freedoms, SSGA and The People’s Pension explored how people are making retirement decisions. Our research tracked each step of the decision-making process over six months, highlighting 10 key questions savers should ask themselves to make the most of their retirement savings.
Note : Please note that the following reports are historical in nature and do not reflect current market conditions. They provide insights into past trends and events, serving as a reference for historical analysis. Past performance is not indicative for future results.
DC Leadership
Defined Contribution
Investment Design for Workplace Pension Plans
Created for the individual, harnessing the expertise of many and informed by global insight, State Street’s retirement solutions are informing a new retirement era.
Our Expertise
Anchored in ongoing research and driven by more than 40 years1 of defined contribution (DC) investment, public policy, and behavioral insights, State Street takes an integrated approach to addressing the challenges surrounding retirement readiness. We serve relationships that span the retirement industry, including leading defined contribution plan sponsors, consultants, advisors and recordkeepers.
DC Plan Assets 2
Participants 3
Target Retirement AUM 2
Latest Insights
Our Offerings
Timewise Target Retirement Funds
Unlocking the value of diversification by leveraging more precisely selected asset classes
Target Date Funds Factsheet – One Fund for Life
Timewise Target Retirement Funds 2024 Annual Review – Ireland
Each year, the Defined Contribution Investment Group (DCIG) conducts a comprehensive review of its target retirement strategies
Our Research
2022 – The Retirement Prism: Seeing Now and Later
While the devastation of COVID-19 decelerated, employees contended with new challenges: inflation, Russia-Ukraine war impacts (including rising energy prices), and a changing relationship with work.
