Tag Archives: Whole of Life
Why does CDC pensions make sense for the whole of our lives?
We save for many things in our twenties. We save for a deposit on a house or to get married and have a family. We may have to start paying off student debt and big rent and council tax payments, … Continue reading
Can we AFFORD the flexibility of drawdown and the certainty of an insured annuity?
Not everyone can afford the flexibility of drawdown or a costly annuity. CDC is a better way for ordinary people to get “deferred pay”. We want to make retirement affordable for many more of us. The freedom we were … Continue reading
Posted in pensions
Tagged adequacy, annuity, CDC, Flex and Fix, Retirement CDC, UMES CDC, Whole of Life
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Why keeping at retirement transfers separate from whole of life CDC makes sense
CDC creates pools of money that pay “aspirational” pensions. Aspiration – the word that was dropped in favour of “ambition” by Steven Webb, reappears in the consultation that arrived yesterday, This is it… In whole-life CDC schemes, member and employer contributions are … Continue reading
Posted in pensions
Tagged CDC, Pensions, retired, Retirement CDC, UMES, Whole of Life, Whole of Life CDC
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Is demand for “Royal Mail” style pension deals increasing?
It is interesting that DB is creeping back into debates. I am surprised that there hasn’t been pressure for a more flexible approach to indexation and NPA (normal pension age) to reduce the risk of DRCs (Deficit Reduction Contributions) and … Continue reading