Tag Archives: CDC

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

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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

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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

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I was ashamed of my pension colleagues


Yesterday, as a guest of CWU’s Deputy General Secretary , Terry Pullinger, I spent a morning at the Westminster City Forum’s conference on Next Steps for UK Pension Funds. The Conference dealt with the regulation of DB pensions, consolidation and the future … Continue reading

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The silent majority aren’t drawing down anything!


The proportion of full cash withdrawals and annuity plans sold with advice in the second half of 2017/18 fell to its lowest rate since the second half of 2015/16. This means that an increasing proportion of pots accessed through an … Continue reading

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The public debate on USS is elevated by King and Kay.


Exclamation: Master @JohnRalfe1! Mervyn King has now joined UCU and is spouting what you call “#USS #smokescreen and pure #UCU #bollocks“! Calling Bazooka @mikeotsuka and Plowman @henryhtapper https://t.co/OFuewk3ER7 — John Ralfebot (@Ralfebot) September 6, 2018 One of the joys of … Continue reading

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I want to choose my dashboard please!


Thankfully the Government has seen sense, it is not going to provide a one size fits all Volkswagon dashboard, it’s going to offer us a motor-show of choice! The Government is not going to build or maintain a pension dashboard. … Continue reading

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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

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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

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Don’t de-risk too early – says Aon!


I nearly fell off my sofa on Lady Lucy!! While all I’ve been hearing from Aon’s fiduciary unit is the importance of locking down the pension scheme through Liability Driven Investment – fully implemented by Aon, here is the American … Continue reading

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