Tag Archives: CDC
A day when CDC was dragged into PUK’s hall!
I make no defence for being in Edinburgh to right an unintentional bias in the conference agenda that neglects the arrival of CDC as a new force in Pensions UK. We have £1.2tr in funded DB pensions and future liabilities … Continue reading
The need for more money for PENSIONERS in the UK
We are guests of Pensions UK and I sometimes forget that it’s pensioners in the UK that we are looking after. I went to my friend Enid’s funeral last Tuesday. She was 98 and she lived off her pension happily … Continue reading
Hymans Robertson’s blue print for CDC success – (a mutual’s take on it)
I spent yesterday afternoon and early evening with Hymans Robertson discussing what success looked like for them in the provision of CDC. I have yet to see more than TPT and Pensions Mutual stick their heads above the rampart … Continue reading
Posted in pensions
Tagged CDC, Distribution, Early to Market, Hymans Robertson, Operations, Pensions, Scheme Design
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Is consolidation into Master Trusts inevitable for DC schemes?
I was interested in this conversation between Muntazir (Monty) Hadadi and a number of established DC faces. There is clearly going to be a lot of pressure from unions and other member groups to get the better pensions that are … Continue reading
A Pensions Mutual for a CDC.
It is good to launch a good news story and I can today. Last Monday, while talking “small pots” we got news from the FCA that the Pensions Mutual had been registered and sealed What is the Pensions Mutual? … Continue reading
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Tagged CDC, collective, FCA, Income, pension, Pensions Mutual, Retirement, Secure
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A Pensions Mutual which will launch a CDC Pension within a year
It is good to launch a good news story and I can today. Last Monday, while talking “small pots” we got news from the FCA that the Pensions Mutual had been registered and sealed What is the Pensions Mutual? … Continue reading
Posted in pensions
Tagged CDC, collective, FCA, Income, pension, Pensions Mutual, Retirement, Secure
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Does a DC plan really need to be big to provide a pension?
Millions of defined contribution (DC) savers now have access to in-scheme retirement options, signalling a shift from a savings system to a pension system, the latest data from The Pensions Regulator (TPR) reveals. So says Jonathan Stapleton in Professional pensions … Continue reading
Help for our past 50 years work, hope for pensions next half century!
The Pensions Regulator has made an announcement of a change of attitude towards private DB pensions. Here is John Hamilton, chair of the Stagecoach Pension Trust, that has led change in the past six months. My only comments here are … Continue reading
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Tagged CDC, Flex and Fix, fungibility, John Hamiolton, Pensions, Ros Altmann
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Why “up to 60% more pension” should be a focus of the debate on CDC.
It is funny what captures the imagination of the pension brother (and to a degree sister) hood. The Pensions Bill has become an argument about mandation of investments and whether Government can have power to implement it to increase funding … Continue reading
Can actuaries use AI and abandon conscience?
There’s a wonderful article in the FT today about whether AI should have a conscience. It concludes The shift to agentic AI — bots that don’t just assist but actually execute tasks and exert judgment — will raise the stakes. … Continue reading