Tag Archives: CDC

USS, its surplus, its increases and its DC scheme

It was only 8 years ago that the employer view was that USS could not stay open as it was too great a debt upon employers paying into it. There was a strike, an effort was made and despite not … Continue reading

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7/10 for the new DB pension timeline

To be frank, this is a disappointing timeline for Superfunds that will mean that the DWP regulations and TPR code will not come into force till well over ten years that superfunds were announced by  the then Pensions Minister Guy … Continue reading

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Risk Transfer in decline as Pension Schemes find “risk” is “growth”.

The numbers predicted by Standard Life for insurers taking on DB assets and liabilities are well down on estimates at the beginning of this year. Trustees are seeing risk as growth and questioning further de-risking. There will come a time … Continue reading

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DWP find that like Andy Haldane, we can’t make “the remotest sense of pensions”.

My conclusion from reading Corporate Advisers report on DWP’s latest research is that the happiest of retiring savers today  are being paid a defined benefit. The happiest in future will come from those  who are on their way  to a … Continue reading

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Pensions deferred for workplace DC schemes ; CDC exempted!

There are a range of headlines  about what the changes of the timeline to the Pension Schemes Act Timeline and what surrounds it. For the asset managers and those who manage commercial workplace pensions it is about “scale” and what … Continue reading

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31/07- a happy day for pensions , for Jo Cumbo and for fans of Nick Cave!

A Friday in July three weeks away sees the end of two things that I’ll celebrate by going to Brighton. Here are the two things The wait for the chance to get authorised for UMES CDC ends! The wait for … Continue reading

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Nest is a collective DC fund in all but name. It will remain the default for most employers.

Nest now has £13bn invested in the UK economy, according its latest annual report which was laid before Parliament today. This is an investment more akin to an open DB Scheme (LGPS or USS) or a CDC scheme aimed to … Continue reading

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Sam Burden ; a Professional Trustee on CDC

This article first appeared in Corporate Adviser; Sam Burden as a professional trustee with Zedra  Retirement in the UK is starting to feel out of reach for many workers. Not because people do not understand the importance of pensions, nor … Continue reading

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“Retirement Wage”; a better name for CDC

At a recent Professional Pensions webinar, Black Rock’s seminar saw Massi Delle Donnne point out that CDC is not a very catchy name. He called for a better one, well here it is Massi! CDC isn’t much good  and we … Continue reading

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Should lower-earners get more pension from the state when working?

The Pensions UK report is relevant to everyone. It will feed into the Pension Commission and so should thinking of people like David Warwick and Andrew Young, who feature in this blog. And so is this comment from Andy Young, … Continue reading

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