Tag Archives: pension

Royal Mail CDC – proof of concept or the real deal?


I am always amazed at the churlishness of the pension industry towards innovation. Here’s John Lawson suggesting that the Royal Mail should be spending £400m a year to satisfy his curiosity. I’d quite like one or two schemes to try … Continue reading

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Time for a DC upgrade?


I was wading through yet another long and technical explanation of CDC  when I got my Eureka moment! I don’t want a CDC plan, I want a DC upgrade! I’m not dissing legal eagle Sandeep Maudgil (who’s soon to appear … Continue reading

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Has the hardest nastiest problem in finance just got a little easier?


I enjoyed reading this serious and sensible argument by Steven Lowe of “Just”.  I suspect that most financial advisers reading it will conclude, as I do, that planning an income for the final years of someone’s life is so fraught that (if … Continue reading

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Some commercial considerations for CDC


So who’s going to “sell” CDC? What an odd question! I can see the friends of CDC choking over their cornflakes at my asking this question. In the gentile world of policy- it is rarely done to use the “s” word! … Continue reading

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Opting back into a pension scheme?!?


One of the uses of a CDC scheme could be to allow people who have opted out of a DB plan – to opt back into a scheme which pays them a wage for life – albeit one that isn’t … Continue reading

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New Improved Pension Statements on the way.


Ruston Smith and Quietroom   We need improved annual statements from our workplace pensions because…. Many annual statements are  too long, complicated and include jargon As people have savings with many providers, they get different statements at different times of … Continue reading

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Defined ambition – a trap avoided


This is a technical note from Con Keating that explains why mark-to-market accounting really doesn’t work for CDC. He sets out a more equitable basis for measuring funding. See if you can follow Con’s logic – I think I can … Continue reading

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Port Talbot and Scunthorpe IFA CHIVE (Community, Help, Information, Volunteer exchange)- Al Rush


Many of my readers won’t know Al except from what I’ve said about him, he’s not one for the publicity spotlight, but when it comes to mobilising advisers , it’s another story. This is a rare blog from Al published … Continue reading

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Con Keating’s vision for CDC


Recently the TUC published a study, commissioned from and executed by the Pensions Policy Institute, of the variability of DC outcomes. They consider the fund performance and (annuitized) pension income for individuals retiring in each of the years 2000 – … Continue reading

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“Transparency” needs to do some work.


I worry the work on transparency is hypothetical – that it lacks practical application – that it has no immediate value to the consumer. But then I think of the conversations I’ve been having with consumers – these past four … Continue reading

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