You wouldn’t think that 76% of the UK’s large employers are reviewing their DC pensions with CDC in mind. I think it is the biggest thing happening to pensions and I hope that Jamie does to
Reading Jamie’s vision for his time as Chair of the Pensions UK , I fear that Pensions UK has yet to fully embrace CDC 
The latest of Pensions UK’s regular columns looks at how The Pension Schemes Act and Pensions Commission are transforming how it thinks about adequacy, value, and the very structure of the market.
The issue is that CDC is not inside the Pension Schemes Act so on the face of it, it’s not on your agenda
I’ve spoken to you, Jamie. I know that you are not trying to cut CDC out of Pensions UK interest; but some who don’t – might!
This transition comes at a pivotal time for pensions. The sector is changing rapidly, driven by the Pension Schemes Act and the policy evolution being shaped by the Pensions Commission. Together, they are transforming how we think about adequacy, value, and the very structure of the market.
I quite agree, though there are other things on our minds right now. We might want to think about what pensioners get out of social care and how that is funded. I would put the commission on it right right up with the pensions commission. Can we broaden the scope to make sure that retirement outcomes are more than what we get from our pots!
There are three items on your agenda Jamie and I cannot disagree with anything on them other than to say they are a little high level , dare I say it – a little uncontraversial!
Focus one
The first must be a relentless focus on savers. As an industry, we have made significant progress over the past decade – not least through the success of auto-enrolment – but there is more to do to ensure the system is reaching its full potential and is alive to changes being brought by societal expectations and new technology. Ensuring we understand the needs and expectations of all savers needs to be integral to all our work.
I suspect that this has been a little worked by the Pensions UK PR team. Much of this could include a lot of things and I hope that it does include important things such as the Pensions Dashboard, small pots and (you’ve guessed it) how to deliver workplace CDC in 2027 and on.
Focus 2
I think there may be a typo here . We do not have the pensions bill quoted below
My second area of focus is on bringing people together and making the most of all of our industry’s collective expertise. My ambition is for Pensions UK to continue to be an organisation that not only convenes, but also more proactively leads in solving problems – working collaboratively to develop practical, evidence-based solutions to the challenges we face. It’s clear from the pensions bill and roadmap that we need to make fundamental changes to our infrastructure to deliver this change.
I have been through the top lawyer’s best endeavours to find a pensions bill. I’ve tried and and can find none outstanding in 2026.
Third focus
Thirdly, I am committed to ensuring Pensions UK remains a forward-looking organisation – one that anticipates change rather than reacts to it. That means supporting innovation, engaging constructively with government and regulators, and ensuring our collective voice is both strong and clear.
Here here Jamie, your predecessor was a bringer together of many different strands of thinking. You will do the same, but I think we need Pensions UK to be more representative. I hope that my Pension Scheme will become a member when we are authorised to do CDC business but I’d like to feel we were a member on the basis of our influence and service , not just that we are prepared to advertise our wares!
Pensions UK took a good step when moving to Pensions UK. There is nothing wrong with saving but the Pension and Lifetime Saving Association is no more, it become Pensions UK to emphasis pensions.
I am currently not going to the Autumn Conference , I understood that I am considered a provider but I would point out that we are yet to be authorise (opening of authorisation is Monday 3rd August!) we won’t be authorised until your Manchester event is done.
I have a very big soft spot for you Jamie Fiveash, I wish you well and hope that we can see CDC and the other matters mentioned firmly on the Pensions UK agenda in your time as Chair!