Strong majority of sponsors say they have decided not to make any changes to DC contributions in the near future
Reform will largely be based on recommendations made in the Arthurs Report, Duncan says
Measures aimed at enhancing protection for plan member, reduce funding volatility for DB plans
Reforms could include allowing funds to carry a greater surplus
Funding levels improve thanks to investment gains and higher discount rates
Proportion of plan members in DB plans has declined from 86% to 77% over the last 10 years
Year-to-date results rise 14.3%
Mercer launches new global pension index
Typical balanced portfolio would have returned 6.4%