Category Archives: CDC

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

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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

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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

Will master trusts go CDC?

  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?

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

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.

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

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

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“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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