Defined Contribution Plan Advantages and Disadvantages || Cameron James Pension Transfer

Описание: Defined Contribution Plan Advantages and Disadvantages || Cameron James Pension Transfer
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The Defined Contribution Scheme is one of the most popular pension schemes apart from the Defined Benefit Pension Scheme. As we all know, there are advantages and disadvantages to every Pension Scheme, including the Defined Contribution Pension Scheme. In this video, Dominic James Murray, our CEO and Independent Financial Advisor explains thoroughly about the Defined Contribution Scheme and how can you maximize your pension out of it.

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Defined Contribution Plan Advantages and Disadvantages
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Key Points In This Video:
Defined Contribution Pension Scheme
Difference Between DC and SIPP

DC Pension Advantages:
• Automated Retirement Savings
• Potential Employer Match
• Tax-Efficient Way
• Dollar Cost Averaging

• DC Pension Disadvantages:
• Default Fund
• Limited Investment Options
• Difficult To Manage
• Disconnected With the Pension Assets

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Video Timestamp:
00:00 - Intro
00:21 - An Overview
00:53 - Difference Between DC and SIPP
01:09 - The Advantages of the DC Pension Scheme
02:22 - The Disadvantages of the DC Pension Scheme
05:00 - How Can You Improve Your Pension Investment
05:25 - Outro

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