Tag Archives: CDC

How far can we use AI in administering pensions?

Posted on April 13, 2026 by henry tapper

Bob Ward, someone who I’ve known as a deep thinking on pensions administration since the days of Papdis and our hopes of simplifying AE contributions, has this to say as a comment on a recent blog on CDC administration of … Continue reading →

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Pensions are a larger part of our wealth (IFS). Pension wealth is higher still under CDC.

Posted on April 10, 2026 by henry tapper

I’m not a great fan of the Institute of Fiscal Studies who have found it hard to understand  pension as “wealth” . But this report has taken a step in the right direction In this IFS report, pensions hold a … Continue reading →

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Should I be worried about the new CDC schemes going wrong?

Posted on April 7, 2026 by henry tapper

One of the discussions over Easter about my posts on CDC complained that I only made claims for CDC if a CDC pension scheme was “open”. I referred to the possibility of a CDC scheme entering an endgame and what … Continue reading →

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Can DC pensions invest for growth or should we move to CDC?

Posted on April 6, 2026 by henry tapper

The questions discussed on the VFM blog have so far been rather less than challenging. I posted my review of the latest podcast yesterday and got this question on my blog. John is an IFA who started in the mid … Continue reading →

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What’s unique about a pension? I don’t want to be in a cohort of one!

Posted on April 5, 2026 by henry tapper

Here is where the problem is. Large consultants are looking to create a new kind of retirement income service , where what is delivered is unique to each person. Let’s not get carried away.There is nothing unique about the state … Continue reading →

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The Dutch have taught us how to do CDC (we’ll learn from their mistakes!)

Posted on March 30, 2026 by henry tapper

The Dutch experience is often cited as a good reason not to use CDC to improve pensions. LCP say it’s a good reason for us to go CDC by learning from their mistakes. In the second of two essays from … Continue reading →

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How robust is CDC to different market conditions? – LCP looks at the last 80 years

Posted on March 30, 2026 by henry tapper

CDC investment strategy is twice as important as the contributions paid. – say LCP. I am understanding the history of money with them in the second part of their epic on the feasibility of CDC I am really pleased that … Continue reading →

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Why is WTW’s retirement CDC not getting the thumbs up?

Posted on March 25, 2026 by henry tapper

We always need analysis to help us make choices.  We are getting a lot from WTW about decumulation CDC and the numbers don’t look anything like 60% better for CDC if you wait to swap your pot for a CDC … Continue reading →

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TPT on the VFM podcast (DB, DC , mastertrust, superfund and CDC)

Posted on March 23, 2026 by henry tapper

I think I deserve a medal for lasting the full 83 minutes + of this blog  but I did and though it didn’t talk about what I wanted to know more about (CDC and superfunds), it was good to hear … Continue reading →

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DC offers flexible income while CDC provides deferred pay (the genius of Derek Scott)

Posted on March 22, 2026 by henry tapper

Here’s my friendly Scottish Accountant and Pension Trustee – Derek Scott, reminding me that for many people, the ideas of salary and pensions as “deferred pay” are old fashioned I think, since Barber vs GRE in 1990, you’ll find that … Continue reading →

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