Why Would It Be Expected That the Vast Majority of Newly

question 11

Essay

Why would it be expected that the vast majority of newly created employer sponsored private sector superannuation funds would be established as accumulation/defined contribution schemes instead of defined benefit schemes.

---

Definitions:

Authoritative

Being final or conclusive; a position of power where the holder is able to enforce rules or directives.

Policies

Formal guidelines or rules that govern actions and decision-making within an organization.

Grapevines

Informal channels of communication within an organization, often based on rumor or gossip, which can spread information quickly but sometimes inaccurately.

Transfer Information

The process of conveying data, facts, or knowledge from one person, place, or entity to another.