Category Archives: CDC

Pensions for all -not just the public sector

Posted on July 16, 2019 by

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 →

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From Osborne to CDC

Posted on May 23, 2019 by

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 →

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Can CDC offer private school pensions?

Posted on April 15, 2019 by

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 →

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Are IGCs and Trustees worth it?

Posted on April 14, 2019 by

      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 →

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CDC – a silver wage not a silver bullet

Posted on April 3, 2019 by

  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

Will master trusts go CDC?

Posted on January 21, 2019 by

  We have become a nation of pension savers without a clue what we are saving for This became apparent to me and I hope the audience of a recent DC event , when a senior representative of NEST told … Continue reading →

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Do we need to pay to get our money back?

Posted on December 29, 2018 by

Imagine going into a bank to withdraw money and being told to get advice before doing so. Imagine being told that the cost of that advice would run to many thousands of pounds. I very much doubt anyone would be … Continue reading →

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CDC – sharing risk in a bear market

Posted on December 28, 2018 by

This post is by the author of “launching CDC into a bear market” and again shows how CDC delivers a robust return in a bad times (a bear market). It does so by sharing risk and informs modelling by Aon … Continue reading →

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Launching CDC into a bear market.

Posted on December 28, 2018 by

The paper below is one of two that models what happens when CDC hits bad markets. I guess this one could be likened to launching a lifeboat into a stormy sea. CDC makes headway – but it’s tough. Imagine you’d … Continue reading →

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Coping with falling markets

Posted on December 26, 2018 by

It is a blessing that the first five years of auto-enrolment have seen world stock and bond markets rise. Low interest rates have had a lot to do with it, but we’ve also been in a period of comparative peace, … Continue reading →

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