Bringing you live news and features since 2006 


Private DC assets expected to surpass USD6trn in 2018, says Cerulli


Total private defined contribution (DC) assets are expected to surpass USD6 trillion in 2018, according to new research from global analytics firm Cerulli Associates. 

"Our projections indicate that, by the end of the decade, total private DC assets will approach USD6.5 trillion, the majority of which will be in 401(k) plans," says Jessica Sclafani, senior analyst at Cerulli. "Private DC plans have emerged as one of the most important savings vehicles in the overall US retirement system, surpassing all other retirement channels, with the exception of the retail IRA market." 
"As defined benefit (DB) plans become rarer, particularly within the private sector, 401(k) accounts will likely be the primary savings vehicles for a large portion of US workers. Asset managers are sharpening their focus on defined contribution investment-only (DCIO) opportunities, refining their strategy and products, thereby creating an increasingly competitive marketplace," Sclafani explains.
These findings and more are from Cerulli's latest report, Retirement Markets 2014: Sizing Opportunities in Private and Public Retirement Plans, which examines the size and segmentation of public and private US retirement markets, including DB, DC, and IRA. This report is the twelfth report in an annual series. 
"The DC plan is emerging as the primary retirement savings vehicle for individuals. Contributions are anticipated to grow steadily and will approach USD500 billion by 2019, almost doubling what it was just three years ago," Sclafani continues.

Latest News

ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..
Investors urgently need greater access to diversified investment strategies aligned with the Paris Agreement on climate change if the world..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by