Category Archives: CDC

The wealthy fool and everyman are one combined

  There ought to be an extra class of vulnerable customer in the FCA’s definitions – “the wealthy fool”. We all know that a fool and his (and it generally is a his) money’s easily parted but we have the … Continue reading

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Why this pensions bill matters

  A Pensions Schemes Bill has been included in the Queen’s Speech , which lays out the legislative plans for the forthcoming parliamentary session. This bill includes legislation to enable the pensions dashboard and collective defined contribution (CDC) schemes to … Continue reading

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A Tale of Two Pension Plans : Randy Bauslaugh

  This blog is based on remarks to the National Coordinating Committee for Multi-employer Plans, Miami, Florida, September 21, 2019.(Edited for Length.)  I have the original transcript , supplied by Dr Con Keating and published by C.D. Howe Institute’s Pension … Continue reading

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The politics of CDC

This morning I should be attending the CDC fringe meeting at Brighton’s Grand Hotel which forms part of the Labour Party Conference. If I can’t – I send my apologies to Royal Mail, CWU and the Shadow Pensions Minister – … Continue reading

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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

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“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

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“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

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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

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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

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