Spanish insurer group Caser has launched a range of pension plans that follow a life cycle investing style, which is the process of adjusting the defined contribution (DC) pension fund members' asset allocation over time to reflect their changing risk attributes and financial goals. Caser Generación is a set of three pension plans named Generación 60, Generación 65 and Generación 70, in which the share of each asset class is automatically adjusted to lower risk as the desired retirement da...
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