Tag Archives: CDC

Is TPR setting too high a bar for CDC?

If you’re thinking of running a CDC scheme, make sure you have deep pockets. The application price alone is an eye-watering £77,000. This compares with £23,000 to apply for master trust authorisation. No one will make an application without being  … Continue reading

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The impact of inflation on those with lowest pensions.

Inflation is at a thirty year high. It will hurt the poor much harder than the rich. This is why. Woke up this morning to the radio talking about the cost of living rising a further 5%. It infuriates me … Continue reading

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2022 action plan for pensions

2022 has dawned rosy! There is optimism that the worst of the pandemic is behind us. Cases are at an all time high but we are building immunity through vaccinations Though many will find it harder to save as real … Continue reading

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McPhail is no seal-clubber.

  Coincidental to the FCA’s impending clampdown on “price-walking”, I’m presented with just the kind of problem that has beset pensions since we decided giving people a pot not a pension was a good thing (let’s say 1987). A very … Continue reading

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Not everyone can get a personalised pension – but that doesn’t make Per wrong!

Per Linnemann is asking whether  target date funds  might use his technology, the ‘iTDF,’ to create a seamless transition from pre-retirement savings to safe income during the first 20 years of retirement. This blog asks whether he is right or … Continue reading

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Stepping towards the “Pension Pathway”.

I am using this post-Christmas hiatus to think about how we could create a Pension Pathway for our retirement savings.  A Pension Pathway would pay us a reasonable wage in retirement without involving the need for financial advice. Here are … Continue reading

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Nest – the Government’s pension that can’t pay you a pension.

Nest’s normal retirement age is your state retirement age. Seven years before my Nest retirement, I got an email. This email has triggered me to explore my pension options with Nest – and to this blog I decided to make … Continue reading

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A USS CDC scheme “makes sense” – says the FT’s Martin Wolf

UK university pensions suffer from misplaced prudence https://t.co/F7woRK31aL @martinwolf_ calls for the USS to consider risk-sharing through CDC rather than insuring uninsurable risks. — Henry Tapper (@henryhtapper) November 15, 2021 This is the first time I have seen a mainstream … Continue reading

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Aon could look beyond the employer, for appetite for CDC

So what does Aon  mean by “the industry”? It’s in the nature of large consultancies that when they think  “collectively”, they think of employers.  Pensions have been “occupational” for generations and occupational pensions speak collectively as the “pension industry”. But … Continue reading

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20 questions we need to answer to make CDC mass-market

This is the first in a series of blogs which will address some of the questions being asked about CDC schemes. The 20 questions in this blog have been collated and  addressed  by Con Keating in the hope that we … Continue reading

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