Tag Archives: CDC
These women are “Friends of CDC” and speaking out for it !
I’m interested in what Vidette’s Alison Hatcher thinks. Firstly, I worked with her when we were contracted to Pension Superfund, secondly, she is going to be a trustee of the Pension Trust’s CDC scheme, (subject to authorisation). The third reason … Continue reading
TPR are right to curb my exuberant promotion of CDC
As I now have a compliance officer at Pensions Mutual, I have been admonished for my over exuberant promotion of CDC as a way of delivering workplace pensions. I cannot name names but I’ve had meetings with TPR high-ups who’ve … Continue reading
The way clear for CDC to prosper as a workplace pension
It is something of an open secret that DWP see CDC working as a way of building up as well as getting paid a pension. Some doubt persisted that this could be done and that those who’d saved into A … Continue reading
BlackRock , Aon and TPT – CDC – the next generation of master trust.
I am pleased that Professional Pensions ran a one hour discussion on the workplace pension that runs with CDC. I phrase it like a car manufacturer would introduce a car that runs on electricity, it is still an idea that … Continue reading
Posted in pensions
Tagged Aon, BlackRock, CDC, master trust, professional pensions, TPT
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Is the curse of complexity upon us?
My immediate reaction to this headline was “if members have complex demands” they shouldn’t be in a CDC pension scheme, they shouldn’t be in a pension scheme full stop. If people have a need to flip-flop between income drawdown and … Continue reading
Major news from Nest which points to a pensions success.
It is easy to poke fun at consolidation and the establishment of megafunds. It is not easy to create a pension fund that invests nearly a quarter of its assets as Nest does in Britain, in its infrastructure and production. … Continue reading
Posted in pensions
Tagged assets, Business, CDC, DWP, Financial services, Government, Long Term Assets, National Employment Savings Trust, NEST, pension, Pensions, Retirement, Scale
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Gen Z say they want to be sold pension not products
Well – I can confirm that Gen Z is being mis-sold a pension at the end of their rainbow. Over a third of young people believe the pensions industry and the wider financial services sector do not adequately communicate the … Continue reading
When employers abandon pensions – what happens to deferred pay?
Only 790 employers pay into their own DC workplace pension. What role do employers have in their staff’s pensions? They are responsible to paying over contributions , enrolling and re-enrolling staff and choosing a workplace pension. But nowadays the core … Continue reading
Posted in pensions
Tagged CDC, Deferred Pay, employers, interest, National Insurance, Pensions
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Pension Thunderbirds are go! Richard Smith counts down
There are three things that will matter to people and their pensions in the first half of 2027 The arrival of the first multi-employer CDC plans DC pots default at retirement to lifetime retirement incomes Pension Dashboards what’s coming to … Continue reading
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Tagged CDC, default, Pension Dashboard, pots, Richrd Smith, Thunderbirds
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Employers can regain ownership of pensions with CDC
Some time ago we came to the conclusion that employers no longer had the same ownership of their pension funds. Ownership has passed to insurers who bought out what they once thought their pension funds, it has passed to the … Continue reading