Category Archives: CDC
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
Posted in alvin hall, CDC, pensions
Tagged annuity, Blake, CDC, Financial economics, Newton, pensions, Tontine
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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
Posted in CDC, pensions
Tagged actuaries, Australia, CDC, Falco Calkenberg, Holland, Jeremy Cooper, John Ralfe, pension, pensions
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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
Posted in advice gap, CDC, pensions
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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 CDC, Claudia, DB, dc, pensions, Quietroom, Weight Watchers
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CDC guarantees nothing! If that freaks you out – CDC is not for you!
It being early on a Sunday morning, the coots playing around Lady Lucy and a wind rustling through the willows, I’m minded to turn my mind yet again to John Ralfe’s queries on CDC. Ok clever clogs. 10 easy #CDC … Continue reading
The “pensions industry” must speak for pensions – not the people who profit from them.
There is an assumption that for innovation to happen in the pensions industry, it needs to have the sanction of the “pensions industry”. Take this comment from Sam. CDC will be a disaster unless you can convince the pensions industry … Continue reading
Posted in advice gap, CDC, pensions
Tagged CDC, DWP, Guy Opperman, Pensions industry, Pensions Minister, WPC
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CDC has cross-party support, it also needs cross-departmental support.
I was at a CDC Forum yesterday with people from the DWP and various pension experts, I can’t say who or what they said but suffice it to say that this was “large employer stuff”. Necessarily this is where the … Continue reading
A common solution to the “retirement savings challenge”.
I recently published Con Keating’s thoughts on why the “at retirement” decision is to complex. It is indeed the nastiest, hardest problem in finance. The blog prompted my old friend Sandy Trust to point us to the paper he … Continue reading
Posted in CDC, pensions
Tagged CDC, Con Keating, Grant Thornton, Neo-liberalism, pensions, Retirement
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Thinking the unthinkable – Frank’s at it again!
For a third inquiry in a row, Frank Field and the Work and Pensions Committee (WPC) – are asking difficult questions that need proper answers. Firstly they asked if the pension freedoms were working – a question that led to … Continue reading