Results from the WOW.Com Content Network
Types of retirement plans. Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.
Investment Fund Services. Clearstream has developed the world's largest cross-border fund processing platform, called Vestima. It handles all types of funds, from mutual funds to exchange-traded funds (ETFs) and hedge funds. In addition to providing access to all fund types, Vestima supports their cross-border distribution.