Category Archives: CDC

“Would you pay a social care premium?”


This was the question Radio Five Live’s Wake up to Money asked its audience this Monday morning. 2.5% off wages for the prospect of insurance against things going really wrong with your health in later life? The idea is being trailed … Continue reading

Posted in CDC, Change, Charity, pensions | Tagged , , , | 8 Comments

This week – we hope to be able to talk about the “benefit of pensions” again!


This is a blog about the economic utility of pension management. It’s written because the first thing that hit me this morning was this almost confessional comment from George Norval, Group Pensions Manager at Berensden. Is the DB Pensions Manager … Continue reading

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CDC – cons diminish confidence!


I am fairly confident that before the end of October, before even next week’s budget, the DWP will consult on CDC. We are told by the Pensions Minister , that the test case is Royal Mail but that legislation will … Continue reading

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Don’t pander to pension populism! Zurich big-wig hits out at “freedoms”


“I have no time for populism” , was the astonishing rebuttal of top Zurich Insurance shrink Stefan Kroepfl. Kroepfl, who is global head of life business analysis – is no lightweight, nor was the discussion that ensued at this Dutch … Continue reading

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Keating on Ralfe, CDC and morality


Last week’s Corporate Advisor’s Pensions Summit featured a debate on the merits of CDC pensions. Johan Ralfe presented the “case” against the introduction of CDC. In the main, with all the showmanship of Barnum and Bailey, this resurrected old and … Continue reading

Posted in CDC, pensions | Tagged , , , | 4 Comments

Why would management fees be any cheaper for #cdc than DC?


It’s a question posed by John Ralfe- to me – on twitter. It’s a serious question and one that Jeremy Cooper, doyen of the Australian Super system is clearly interested in too. The question cannot be simply answered with reference … Continue reading

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Other ways of doing CDC


  It’s great when you wake up – turn on your phone and get a really great couple of messages! This is what happened this morning to me Last night John Ralfe had been asking me where I felt CDC … Continue reading

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The Garden of pension delights!


Occasionally I should allow this blog to publish a vision of what pensions should be, rather than what they are – at least to justify it’s title! Here is my garden of pension delights , a place filled with the intoxicating … Continue reading

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Proper Pensions first! Say “No” to Inclusive Ownership Funds.


Talk this morning of compulsion on private sector employers to give shares to staff. It’s not a new idea and many companies do this already. I’m with Justin Urquhart-Stewart who told listeners to Wake Up To Money that (future) Governments … Continue reading

Posted in actuaries, CDC, pensions | Tagged , , , , , | 5 Comments

Pensions that make you want to live longer!


Nurse Rebecca is pleased with me. I’ve lost 19 lbs in my first month of recuperation from TapperTubby syndrome.  Regular access, reduced alcohol consumption and a cutting down on high cholesterol and high calorie food are apparently making a difference. … Continue reading

Posted in CDC, pensions | Tagged , , , , , , | 5 Comments