Tag Archives: CDC

A proposal for strong DB pensions that worry about fairness

  Let me use a weekend to plant a thought in the heads of those who influence their company’s and their company’s pension’s strategy. By company’s strategy I mean schemes that pay pensions not pots that people can drawdown or … Continue reading

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Do you really think CDC folk haven’t thought through unfairness?

I don’t trust this headline; it repeats an unfair criticism of UMES “whole of life” CDC, confusing it with the kind of CDC Royal Mail are using.  This is not to criticise the Royal Mail CDC which works brilliantly . … Continue reading

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Can we guide different savers to their best retirement?

It is good to see sensible people looking at guided retirement from workplace pensions. Here is an example Well I’m grateful for my opinion and from the look of Johan Kriek , I suspect there’s a couple of decades of … Continue reading

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LCP on the the CDC Code of Conduct. Can CDC succeed if uncommercial?

TPR seeks views regarding amends to the CDC code to cover the authorisation and supervision of unconnected multiple employer schemes providing CDC benefits. It’s an important consultation. With a group of colleagues we have separately made a response and I will refer … Continue reading

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Schroders is now earned by TIAA . Will “Schroveen” now take on (C)DC pensions?

I have to admit to be shocked, Nuveen are not new to me but I had not realised who owned them. Here is my most mischievous fund manager commentator calling the deal a shake up of UK DC (and maybe … Continue reading

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What happens if a CDC pension goes wrong?

This is the way that CDC works and we’d hope that a CDC sees an infinite horizon for its future but…… If a DB gets into trouble it goes to its sponsor for more money and if in extremis the … Continue reading

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PASA’s thoughts on how TPR’s code of practice works for CDC

PASA – Pensions Administration Standards Association CIC PASA has submitted its response to The Pensions Regulator’s consultation on Extending the Collective Defined Contribution (CDC) Code of Practice. Our response focuses on the practical administration and operational considerations needed to support … Continue reading

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Claire Altman of Standard Life – serious about VFM as delivering pensions!

This week’s VFM podcast did not go as expected for Nico and Darren as it featured  Claire Altmann as Standard Life’s Managing Director: BPA & Individual Retirement  I have a very high regard for Claire. She is familiarly Clara and … Continue reading

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Scottish Widows’ DC counter to the CDC challenge.

There is no doubt that the Scottish Widows Master Trust is here to say. It will pick up the Lloyds Banking Group’s DC scheme (Your tomorrow) which will make the Master Trust a £1o bn scheme by 2030 (and well … Continue reading

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Performance evaluation for WTP (the Dutch pensions law)

Rogier Swierstra describes this blog as “A bonus post for English-language readers, but still largely incomprehensible”. You can find it in its original here. I thank him for his heroic modesty and have changed the title as most people don’t … Continue reading

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