Divided societies and rising populism top the risk list at Davos



Divided societies, rising populism and fears for the world’s climate top the list of risks facing politicians, central bankers and business leaders gathering in Davos next week, says the WEF.

* Reuters

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Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

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Defined benefit and defined contribution schemes explained

Defined Benefit Plan (DB)

A defined benefit plan is where the benefit is defined by a formula, typically length of service to and salary at date of leaving.

Defined Contribution Plan (DC) 

A defined contribution plan is where the benefit depends on the amount of money put into the plan for an employee, and how much investment return is earned on those contributions.

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The specs
 
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