Tag Archives: CDC
Hymans Robertson’s blue print for CDC success – (a mutual’s take on it)
I spent yesterday afternoon and early evening with Hymans Robertson discussing what success looked like for them in the provision of CDC. I have yet to see more than TPT and Pensions Mutual stick their heads above the rampart … Continue reading
Posted in pensions
Tagged CDC, Distribution, Early to Market, Hymans Robertson, Operations, Pensions, Scheme Design
Leave a comment
Is consolidation into Master Trusts inevitable for DC schemes?
I was interested in this conversation between Muntazir (Monty) Hadadi and a number of established DC faces. There is clearly going to be a lot of pressure from unions and other member groups to get the better pensions that are … Continue reading
A Pensions Mutual for a CDC.
It is good to launch a good news story and I can today. Last Monday, while talking “small pots” we got news from the FCA that the Pensions Mutual had been registered and sealed What is the Pensions Mutual? … Continue reading
Posted in pensions
Tagged CDC, collective, FCA, Income, pension, Pensions Mutual, Retirement, Secure
Leave a comment
A Pensions Mutual which will launch a CDC Pension within a year
It is good to launch a good news story and I can today. Last Monday, while talking “small pots” we got news from the FCA that the Pensions Mutual had been registered and sealed What is the Pensions Mutual? … Continue reading
Posted in pensions
Tagged CDC, collective, FCA, Income, pension, Pensions Mutual, Retirement, Secure
1 Comment
Does a DC plan really need to be big to provide a pension?
Millions of defined contribution (DC) savers now have access to in-scheme retirement options, signalling a shift from a savings system to a pension system, the latest data from The Pensions Regulator (TPR) reveals. So says Jonathan Stapleton in Professional pensions … Continue reading
Help for our past 50 years work, hope for pensions next half century!
The Pensions Regulator has made an announcement of a change of attitude towards private DB pensions. Here is John Hamilton, chair of the Stagecoach Pension Trust, that has led change in the past six months. My only comments here are … Continue reading
Posted in pensions
Tagged CDC, Flex and Fix, fungibility, John Hamiolton, Pensions, Ros Altmann
Leave a comment
Why “up to 60% more pension” should be a focus of the debate on CDC.
It is funny what captures the imagination of the pension brother (and to a degree sister) hood. The Pensions Bill has become an argument about mandation of investments and whether Government can have power to implement it to increase funding … Continue reading
Can actuaries use AI and abandon conscience?
There’s a wonderful article in the FT today about whether AI should have a conscience. It concludes The shift to agentic AI — bots that don’t just assist but actually execute tasks and exert judgment — will raise the stakes. … Continue reading
An endgame is not a fun game for a DB scheme – even for LGPS
Perhaps the most dangerous misconception floating around the “popular” Reform UK is that levelling down the LGPS to a DC scheme for new joiners will level up council tax payers (the popular Reform UK might see pensions as that … Continue reading
Posted in pensions
Tagged CDC, DB, Discount rate, George Graham, Open scheme, Pensions, Time horizon
Leave a comment
CDC’s been declared unfair; we say it’s up to 60% fairer for everyone!
This article, written by my colleague Chris Burford and me is a defence of CDC from accusations that it simply redistributes the same amount of money away from one group (the young) to another (the old). Our argument is that … Continue reading