Tag Archives: CDC
The scandal of our “DB capitulation” to “de-risking”.
Meg Baynes’ piece in the Times which I featured on this blog is beginning to get some traction around the world Astounding. I think because investment literacy is so low in the UK and saving-via-homebuying is so embedded, people don’t … Continue reading
Posted in pensions
Tagged British Airways, BT, CDC, de-risking, LDI, Pensions, returns, Shell, USS
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Why unions should take CDC to employers and their under pensioned members
A large part of the British workforce have trade unions working for them to provide them with decent conditions at work, pay for work and benefits when work ends and retirement begins. We had in unionised companies a DB culture … Continue reading
Posted in pensions
Tagged CDC, David Pitt-Watson, Jackl Jones, Neil Walsh, Pensions, TUC, unions
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The FCA – less messing about – more action
In 2024 it announced 41 enforcement actions, and in the 2025 calendar year there were 33, both above its historic annual average of between 20 and 25. “We are conducting fewer investigations, faster,” Therese Chambers (one of two enforcement directors) … Continue reading
The Dutch pension system is about to get even better, (so is ours)
The Dutch are enjoying the last day of their old system and from tomorrow will be transitioning to a new pension system. The new pension system will define the contributions workers will get at a rate agreed to buy pension … Continue reading
Can Indian dairies show bosses how to make good business of pensions?
We are looking at the structures that could support the employers who would like to switch to UMES CDC and we are looking around the world for models that work. On December 2nd, the FCA opened it Mutual Unit which … Continue reading
The “musts”, “should” and “need to” ; TPR’s CDC regs.
We make a clear distinction between legal duties and our expectations within the draft code by using the word ‘must’ when referencing legal duties, and ‘should’ and ‘expect’ for our expectations. We use ‘need’ where the process is necessary … Continue reading
Innovators ; so much for yesterday – what of tomorrow?
I have reprinted the links to the video and slides from John Hamilton’s presentation yesterday. It is a mark of the interest the Stagecoach/Aberdeen (SASA) deal has had that the blogs surrounding John Hamilton’s appearance have had enormous interest. But … Continue reading
Employers should co-operate for CDC pensions to work best.
Industrial and provident societies always have a mutual ownership structure. The term “Co-operatives” describes a wider movement of mutual enterprises, which includes all Cooperative Societies and Community Benefits Societies. However, not all co-operatives use these legal structures – many are … Continue reading
David Pitt-Watson – Lord of CDC
David Pitt-Watson – Responsible Investment Expert. Co-founder and former CEO of the Equity Ownership Service and Focus Funds at Federated Hermes I know of nobody who has been so true to his belief that CDC can work for this country … Continue reading