Join us at 10.30 am on Tuesday September 8th for a cracking conversation with two of Britain’s top CDC consultants.
I am aware of charge-out rates for top consultants at top consultancies and I’m amazed that two such – Helen Draper and Steve Taylor of LCP, are offering themselves for free for an hour on Tuesday of next week (September 8th).
We will be recording the session as we always do and for many, that will be the way to digest Helen and Steve’s answers , but I think the winners among those in the Pension PlayPen’s audience will be those who participate. So come along and join in the hour long conversation.
CDC is undoubtedly the most interesting development in the workplace and the concept of Collective Pensions the natural progression from the DC master trusts we have today.
I’ll ask a few questions to kick things off and I’m sure they will have some things to say, but this is a Pension PlayPen coffee morning to share experience and discuss the future.
Please add to your calendar and click here or post the link below into your diary. It’s at 10.30 am online. (Tuesday 8th September)
https://teams.microsoft.com/
It’s back from work and feet under the table and we’re having the first Coffee Morning since Maggie Rodgers and the AMNT at the end of July.
The great news is that the two LCP partners, Steven Taylor and Helen Draper will be talking with us and answering some of the questions that have been “sent in” below. I expect there will be many more from the coffee drinkers who assemble to participate (don’t worry you don’t need to if you don’t want to)!
We will not be constrained – we will venture into all aspects of this amazing topic.
What we’ll be discussing on Tuesday at 10.30 am is Collective Pensions (as the DWP would like us to know CDC as).
Is that a good name for CDC and what should Retirement CDC be known as? Callum Stewart has asked our opinion on CDC that won’t be with us till 2029 and which bifurcate opinion.
What do we think for the prospect of R-CDC as the experts call it? So far it’s WTW who say they’ll do it – do we think there’ll be more?
How do we feel about transfers of pots into pensions not just at retirement but before the pension is about to pay out? Should Trustees be agreeing bulk transfers and if so can such transfers be made without member consent? Does it matter if the pot is in a sole employer occupational scheme, master trust or maybe one day a group personal pension? How much authority in this does the employer have and what role does the union play?
And for all the talk, who’s walking the Collective Pension walk? TPT has put its name up and so has Pensions Mutual, a mysterious third CDC know variously as Arboreum and Collective Pension is lurking. Isio have made mutterings about getting authorised as a Proprietor and Aon are promising to get launch a workplace plan some time in 2028. We hope we have the Church of England joining the multi-employer CDC schemes that have been open to authorisation just over a month now.
What LCP think about this will be revealed at 10.30 am on Tuesday 8th September. The link to join will be posted on http://www.pensionplaypen.com (events) and on future versions of this blog so you can cut and paste it into your diaries.
If you don’t use a digital diary you can click through from one of the posted links and find yourself in others either expert or beginning their Collective Pensions (CDC) journey!
Please add to your calendar and click here or post the link into your diary. It’s at 10.30 am online. (Tuesday 8th September)
https://teams.microsoft.com/
