Tag Archives: DB

“The Ship has sailed” – Con Keating on the Society of Pension Professionals CDC submission


On Saturday, on Radio 4’s Money Box programme, Hugh Nolan of the Society of Pension Professionals expressed the view that the “ship had sailed” for CDC pensions, and proceeded into the tired and repetitive narrative that it is too late … Continue reading

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Are you feeling DC sick?


Joy for DB is pain for DC!   I am sure I am painting too simple a picture and that I’ll be whacked over the head by my learned colleagues, but the general jubilation breaking out over UK pension scheme … Continue reading

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A measured look at Carillion’s pension problems from Adrian Duncan


  Carillion Plc (Carillion) Shareholder Dividends vs. Pension Deficit Repair Contributions (DRC) – who is responsible for this mess? I thought it would be useful to use the recent Carillion collapse as a case study in determining the complex problem … Continue reading

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Self-sufficiency for pensions.


  Whether you are in charge of the PPF , one of the 13 Carillion defined benefit schemes, or any one of the thousand or so “distressed” pension schemes that might no have a sponsor able to bale it out;-the term … Continue reading

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First Actuarial on CDC (submission to W&P Select).


First Actuarial is a partnership of consulting actuaries and administrators that offers the full range of pension services to both trustees and employers. Our clients’ pension schemes range in size from £0.5 million to nearly £2 billion in assets. However, … Continue reading

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CDC – the nuclear fission of the pension system.


  The way we safeguard our pensions today This blog looks at the different way people are protected from mischief depending on what type of retirement savings plan they are in. I’m thinking about this because I have various meetings … Continue reading

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10 best read blog posts of 2017


In search order Why some transfer values are ridiculously high?     2017 was a year when the cash equivalent transfer value became fashionable again. When we look back at what CETVs have done to Defined Benefit pensions over the past 24 months, … Continue reading

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Leave DB – we need proper DC


I don’t care if you fall it CDC, target pensions or “proper DC” as I call it in the title. What we need is an opportunity for everyone who has saved in a retirement plan to be paid a wage … Continue reading

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“Is CDC the viable alternative to DB?” Con Keating is on the case


  Con is on the Labour party’s pension policy group. I’m a Tory party member. We agree on this, we need innovation. In this article , Con explains how the principles behind CDC could enable some employers to carry on … Continue reading

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The FCA is quite right to be worried about DB transfers.


The FCA has published an interesting blog entitled Our work on DB transfers. The nub of its findings follow Since October 2015 we have reviewed a total of 88 DB transfers where the recommendation was to transfer. Out of these, … Continue reading

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