Distinguish between Defined-benefit and Defined-contribution Pension Schemes

According to the data from IFSL(International Financial Services, London), Pension funds increased rapidly in recent year. Pension funds always have different ways to build up. One form always from the institutional investment and the funds will build up during the working life by the worker’s company and then workers use the funds as the retirement income during workers retired. Alternatively some employees invest in a fund of their choosing and the money can be used to buy an annuity to obtain the pension funds. For this form, one of the important forms of stock market investments of pension funds is shares and bonds.