The foundational social contract of UK pensions was established under a clear compact: Exempt-Exempt-Taxed (EET). Savers agreed to sacrifice current…
We have to remember that from society's point of view, DC pension pots are the most inefficient way of providing…
[…] Yesterday morning I posted the Times article deriding “the guarantee of pensions for all”… […]
Crypto Scam Victim Guide: What to Do After You Have Been Scammed Cryptocurrency scams can happen through fake investment platforms,…
Tag Archives: dc
“Collective Pensions” going forward, CDC in the past.
The DWP will change the way they describe what till now has been called CDC Whether the DWP can change the way we describe the new way of turning contributions to pensions is a question only time will answer. I … Continue reading
DC is hard when you get to retire? You don’t say?
This article starts According to several Canadian defined contribution (DC) plans experts, DC plans were never designed to get members through retirement because they were built to accumulate assets during working years. As a result, that gap is now catching … Continue reading
AON why this DC/CDC hybrid mastertrust launched in 2028???
I’m sure I’m not the first to be bewildered by Aon delaying the launch of their workplace CDC plan till 2028. May I express my exasperation? I had hoped we would make people’s life with CDC but here is a … Continue reading
Posted in pensions
Tagged Aon, CDC, CDC pension, dc, Hybrid, master trust, Pensions, R-CDC
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As they approach guided retirement – for how much longer will master trusts de-risk?
I thought this a very interesting study of how far DC master trusts have come developing their investment strategies. Summary findings This analysis examines asset allocation across DC master trusts during the accumulation phase. Data reflects assets in 25 master … Continue reading
Posted in pensions
Tagged CDC, dc, Guided retirement, master trusts, Pensions Regulator, TPR
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For data reasons the lawyers can’t let us have a single DC savings regulator.
Hywel offers a fine observation based on the dim and distant days when he was a junior pension lawyer. It has been a long time since we had a “DC pension”. Not since the days of 226 plans where the … Continue reading
Another senior pension thinker breaks loose to tell it like it was
We have fine voices among our fine mature thinkers; among them Derek Scott. Here are comments he has made on this blog; prompted by Andrew Young who he grew with over 60 years ago. The comments are about state and … Continue reading
Will DC ever have a period of market “certainty”?
Another group of worthy souls worry about the market uncertainty that DC schemes find themselves in (report here from Corporate Adviser). Could I throw a spanner in the wheels and suggest that what those in DC schemes want is some … Continue reading
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
“Nothing new”on the triple lock is – “big news!
It amazes me that we find the triple lock front page news when we voted in a Government two years ago who clearly said there would be no change in how the state pension this parliament. There are three things … Continue reading
Posted in pensions
Tagged annuity, CDC, DB, dc, defaults, private pensions, state pension, triple lock
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Dear all, Regarding the potential acquisition of the "Lady Lucy" for £75,000, I have set down some initial thoughts on…