Category Archives: CDC

The financing of DC

As anticipated (in blogging), yesterday’s article on CDC attracted some vitriol, not just from my friend Con Keating, but from the inter-web of things. The idea that a #cdc plan could smooth outcones by borrowing is a load of #bollocks … Continue reading

Posted in age wage, CDC, pensions | Tagged , , , , , | Leave a comment

“Introducing Collective Defined Contribution (CDC) pension schemes in the UK” – CDC roundtables in Brighton and Manchester

This invitation came to me from the PMI (thanks Tim Middleton) and I imagine that many people who live in Brighton of Manchester might like to go to one of these meetings, if so – as they are public and … Continue reading

Posted in CDC | Tagged , , , | Leave a comment

“CDC could solve freedoms issue”-Boulding

Scanning the depressing progression of fake news on my linked in timeline, my eye was caught by a very odd post indeed. There’s a lot going on here and I decided to probe the link to what Adrian is saying.  … Continue reading

Posted in actuaries, age wage, CDC, pensions | Tagged , , , , , , | 2 Comments

Absolutely true (as I visited the Royal Mail)

  How the Royal Mail pension schemes are run Whether it be through its Final Salary Scheme (RMPP), the interim Cash Balance arrangement or its DC trust, Royal Mail Pension Trustees have consistently over-delivered to their organisation and the members … Continue reading

Posted in CDC, pensions, Royal Mail | Leave a comment

Convince or collapse – the options for small DB schemes in the next decade.

    We stand on the cusp of the third decade of the 21st century. That decade is likely to see small DB schemes collapse into consolidators or stand firm with renewed conviction. I wonder if I will still be … Continue reading

Posted in CDC, dc pensions, de-risking, defined ambition, defined aspiration, pensions | Tagged , , , , , | 2 Comments

Pensions for all -not just the public sector

Although I’m pleased that pension promises to the Firemen and Judges are to be extended to all public sector employees, I’m sorry for the millions of private sector employees now in DC savings plans whose reasonable expectations were for a … Continue reading

Posted in CDC, First Actuarial, pensions | Tagged , , , , | Leave a comment

From Osborne to CDC

Take one; – macro-economics at BlackRock Yesterday was a day of wild cycle rides accross the streets of London to the offices of Aon, Alliance Bernstein and the palatial conference rooms of the Rosebury Hotel. I was in search of … Continue reading

Posted in advice gap, age wage, CDC, pensions | Leave a comment

Can CDC offer private school pensions?

The Department of Education has a cunning plan. Put money behind pensions for teachers in state education and ransome private schools and colleges of higher education for higher pension costs. The policy is justified as an end to a tax-payer … Continue reading

Posted in CDC, pensions | Tagged , , , , | 2 Comments

Are IGCs and Trustees worth it?

      The best test of the value of an IGC or an occupational trust board is to imagine how things would work without one. Before 2015, insurers ran workplace pensions for multiple employers using the bald trust of … Continue reading

Posted in age wage, CDC, pensions | Tagged , , , , | Leave a comment

CDC – a silver wage not a silver bullet

  Yesterday Ros (Baroness) Altmann hosted a webinar on retirement income which prompted some interesting follow up on social media. Here’s Mark Ormston of Retirement Line. I thoroughly enjoyed listening to Ros Altmann on the ‘future of retirement income’ masterclass … Continue reading

Posted in actuaries, CDC, pensions, Pensions Regulator | Tagged , , , , , | 1 Comment