... unexplored field of investment decisions made by pension fund trustees, an important subset of institutional investors, and identify future avenues of further exploration. Design/methodology/approach This paper starts by setting out the landscape in which pension fund trustees operate and make...

...Alistair Byrne; David Blake; Graham Mannion We examine the contribution and investment decisions made by members of a large UK‐based DC pension plan. We find that many employees appear to be relatively financially sophisticated and follow approaches consistent with economic and financial theory...