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Tag Archives: CDC
What’s the fuss about CDC?
Readers may well ask why so much attention has been paid to a new type of pension called CDC. It is highly controversial but despite all the articles, seminars and legislation, not a single CDC scheme has been set up, … Continue reading
Is “drawdown” a viable pension option for Nest’s pensioners?
In my opinion , the answer to that question is no. It is a “no for the USA, for Australia, for the UK and it is a “no” for five reasons To achieve a sustainable advantage over a guaranteed pension … Continue reading
Does the “CDC” scheme have a future beyond Royal Mail?
Time will tell whether there weill be further applications to provide staff with CDC benefits, but for now we know that Royal Mail are pressing ahead – which is a huge achievment on its part. The Pensions Regulator confirmed yesterday … Continue reading
Charles Counsell hands on the poisoned chalice
It’s been a year since TPR appointed Sarah Smart as Chair and her anniversary is marked by news that Charles Counsell will not be seeking a second four year term as CEO. Sarah Smart brought youth and feminity to a … Continue reading
Posted in pensions
Tagged auto enrolment, CDC, Charles Counsell, DB funding, decumulation, Sarah Smart, TPR
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Guess what! USS isn’t bust any more!
To no great surprise for readers of this blog, the notional deficit on the USS pension scheme has all but gone away , at least according to an interim valuation of assets and liabilities in March this year. In two … Continue reading
CDC without the scheme – Stefan Lundbergh
Stefan Lundbergh Director Cardano Insights The global challenge in pensions is to solve the pay-out phase. A popular vision, among pension policy people, is to introduce a life-long income but without the drawbacks of annuities. In the UK, many advocate … Continue reading
A Super-Haven for DC pots? – Adrian Boulding
I was genuinely excited to attend the Pension Playpen interview with Edi Truell. As well as his work on Superfunds as a Buy Out vehicle for old final salary schemes, which is of only tangential interest to me, Edi also … Continue reading
Posted in pensions
Tagged Adrian Boulding, CDC, decumulation, Edi Truell, Pension Superfund
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Has Stephen Timms just thought the unthinkable?
I’ve had the pleasure of listening to Stephen Timms talk twice in two days and not only does he deliver what he has to say with dignity and feeling, what he says has a humanity about it that reminds … Continue reading
Posted in pensions
Tagged CDC, Drawdown, master trust, Master trust assurance, personal pension
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A way to manage pension freedom – from a land down under.
FCA and TPR. Please read below a post from an Australian actuary called Jim Hennington. It describes the regulatory requirements placed on providers of retirement income in Australia. I have only inserted links, to help readers not familiar with terms … Continue reading
Is CDC more threatened by regulation than markets?
CDC and Stochastic Investment Returns Con Keating and Iain Clacher In an earlier blog we examined the decumulation performance of CDC schemes under deterministic investment returns and inflation This blog considers the excessive volatility and the wildness of outcome introduced … Continue reading
