Tag Archives: CDC

What should employers make of CDC? Your views welcome!

  We are hosting a discussion with I hope an audience ranging from bosses who decide on pensions to consultants who advise them – with a few like me who quite “fancy a little more as a pension”. We will meet … Continue reading

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Millions need us to deliver on CDC by 2027 ; here’s why- here’s how!

Many of us (the three in the picture especially) have been waiting over a decade for a CDC plan to run and to be in. The three of us were at The CDC Forum CIC event on Wednesday when the … Continue reading

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Why keeping at retirement transfers separate from whole of life CDC makes sense

CDC creates pools of money that pay “aspirational” pensions.  Aspiration – the word that was dropped in favour of “ambition” by Steven Webb, reappears in the consultation that arrived yesterday, This is it… In whole-life CDC schemes, member and employer contributions are … Continue reading

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CDC expansion – we’ve heard it all before – is this time for real?

Holly’s is the most interesting of quotes. It is from David Brooks of Broadstone and starts in full Commenting on the government’s move, Broadstone head of policy David Brooks said: “CDC is a divisive solution but while it may not … Continue reading

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No more balanced diagrams please – we want 60% better pensions!

This morning I wroteabout taking CDC away from Lawyers and Actuaries. David Wrigley is a fine person and his approach is very balanced but we really need look no further than the obvious point, that CDC gives people better pensions … Continue reading

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CDC – we “stand like greyhounds in the slips, Straining upon the start”.

I am pleased with the news that Parliament will have legislation set before it on Thursday tomorrow, which will allow the CDC on a whole of life basis to go ahead. A consultation about at retirement CDC will follow shortly. … Continue reading

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LGPS – £147bn is an ECONOMIC MIRACLE – what should be done?

Where to do with the financial strength of Local Government Pension Funds? Let’s not be shy about this. LGPS employers have put a lot of money into their schemes over the past 20 years to keep their pension obligations. It … Continue reading

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DB, DC, CDC? Just “pensions” – judged by VFM

It is interesting to hear comments on the Pension UK Conference from Nico Aspinall and Darren Philp  I was aware that Nico was at the Conference but unaware of “the fringe” that Darren was at. To me, the Conference was … Continue reading

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The commercial advantage for employers of switching to CDC

I have argued for a long time that CDC schemes will provide more to savers than an annuity or individual drawdown. WTW has told us they expect members to get 60% more and now Hymans say the same. Members prepared … Continue reading

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From minnow to monster- will workplace GPPs become CDC?

It’s five years since WTW produced this research and it’s only now that the Government is taking it seriously. This second advert for CDC is rather easier to understand and is from our Pension Minister. If you run a workplace … Continue reading

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