2023 D2C Market Snapshot

2023 D2C Market Snapshot

In this Q4 update, we comment on:

• The growing trend of increasing equity allocations particularly within the growth phase of DC defaults – is this based on long-term strategic views or is there a herding mentality unfolding across the provider market?
• Which providers are already investing in private market assets and which are still in the developing stage?
• The strong annual returns across the board in 2023, which have helped providers’ at-retirement strategies start to recover from the gilts crisis of 2022.
• The trends we expect to emerge over 2024 and which of them could be key differentiators in the market.