1. When is it tax advantageous for the firm to pay salary instead of an equivalent pension contribution? 2. What are the major differences between a defined contribution pension plan and a defined...

1. When is it tax advantageous for the firm to pay salary instead of an equivalent pension contribution?

2. What are the major differences between a defined contribution pension plan and a defined benefit pension plan?

3. Under what conditions will the returns on investing outside the pension fund be greater than the returns on investing inside the pension fund?