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Tag Archives: Royal Mail
Lecture: ‘Can CDC turn base metal into pensions gold?’ by John Ralfe
That friend to financial economics and foe to open pension schemes, John Ralfe, is delivering a public lecture on CDC on February 23rd. Register here for my @ImperialBiz on-line lecture. https://t.co/d23ex5RlH9 What does CDC “inter-generational risk sharing” really mean? How … Continue reading
Opperman – CDC makes pensions “more sustainable for employers”
Guy Opperman signs off his end of year vale dictum like this Finally, we’ve made significant strides in terms of introducing collective defined contribution schemes. We’ve outlined a legislative framework for them, which spreads the investment risk, allowing for greater … Continue reading
Now more than ever , Royal Mail’s CDC scheme looks a game changer
I was lucky to be among the participants in yesterday’s Westminster Business Forum and hear Jon Millidge and Terry Pullinger talk with pride of the CDC scheme they expect to launch for over 140,000 postal workers. At a time of … Continue reading
Posted in advice gap, CDC, DWP
Tagged CDC, CWU, Millidge, Pensions, Pullinger, Royal Mail
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CDC – a new type of pension provision coming to the UK
On Wednesday (October 8th), CDC will be debated in the house of commons and with a fair wind, legislation enabling employers and multi-employer master trusts to provide DB like benefits for defined contributions will be enacted by the end of … Continue reading
Posted in CDC, pensions, Royal Mail
Tagged CDC, first actuarial, Hilary Salt, Pension schemes Act, Royal Mail, Simon Eagle, WTW
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Time for some fresh thinking on CDC
The Pension Schemes Bill is making its way through the House of Lords but now seems unlikely to get Royal Assent before July. If it misses its target and we don’t get an Act till the Autumn, a Royal … Continue reading
Posted in advice gap, age wage, CDC, pensions
Tagged CDC, DB, employer, master trust, one trick pony, Pension Schemes Bill, pensions, Royal Mail
4 Comments
The politics of CDC
This morning I should be attending the CDC fringe meeting at Brighton’s Grand Hotel which forms part of the Labour Party Conference. If I can’t – I send my apologies to Royal Mail, CWU and the Shadow Pensions Minister – … Continue reading
Posted in CDC, pensions
Tagged CDC, dc pensions, Jack Dromey, Pension Freedoms, Royal Mail
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Do we need to pay to get our money back?
Imagine going into a bank to withdraw money and being told to get advice before doing so. Imagine being told that the cost of that advice would run to many thousands of pounds. I very much doubt anyone would be … Continue reading
CDC and the actuarial profession
I am not an actuary, I work with actuaries and I work for an actuarial firm. I stand up for actuaries and I praise them where praise is due. Yesterday saw an attack on the actuarial profession on twitter … Continue reading
Posted in actuaries, pensions
Tagged actuaries, Aon, CDC, first actuarial, IFoA, pensions, Royal Mail, transfers, WTW
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Is the tide turning in favour of pensions?
As we reach the last few weeks of the year, I’ve been looking at the stories that are dominating the pension landscape and increasingly they are positive. Despite UK and global equity markets being down on the year, pensions are … Continue reading
Posted in accountants, actuaries, auto-enrolment, pensions
Tagged auto enrolment, CDC, FABI, Freedoms, pensions, Royal Mail, tide turning, USS, woods and trees
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For the ripped-off steelworkers – today’s about doing it together!
This morning, around 15 Port Talbot steelworkers will make their way from Paddington to Westminster to meet MPs – keen to help them in their pension plight. They will be greeted at the Cromwell Gate by a lot of media … Continue reading
