All Collective defined contribution (CDC) articles – Page 9
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Opinion
Will risk-sharing schemes ever take off in the UK?
The current pension schemes bill introduces a new shared-risk arrangement, in which at least some of the benefits can be provided through collective defined contribution plans. But what would the real-world application mean in the UK pensions market?
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Opinion
What could a Conservative government mean for pensions?
Today’s pensions landscape looks very different from five years ago. During that time, we have had a Budget that heralded the most significant pensions reforms for the past 30 years.
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News
SABMiller, Wolseley and Findel in 2014's top AE stories
Auto-enrolment ramped up a gear in 2014 as the reform began to sweep up medium and smaller-sized employers, highlighting new challenges around how to ensure employers had the support they needed.
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Opinion
When is halfway not halfway? Measuring the AE journey
We are in the middle of what appear to be momentous times in the UK's pension history.
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News
Webb defends 'revolutionary' CDC legacy against industry critics
Pensions minister Steve Webb told an industry event this week the “pendulum is going to swing back” from individual defined contribution pension provision, but delegates challenged the viability of risk-sharing schemes.
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News
Nest: understanding behaviour more important than product fixes
The UK’s state-backed pension scheme has led calls for understanding member behaviour in light of the incoming pension flexibilities, arguing such work is more important than developing new products for savers.
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Opinion
Altmann: New pension flexibilities will make it harder to attract members to CDC
As the pensions bill makes its way through parliament it is proposing a new class of shared-risk pension schemes, which aim to offer a compromise between defined benefit’s risk burden on the employer and defined contribution’s risk burden on the member.
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Opinion
Today at the NAPF annual conference – October 16 edition
The National Association of Pension Funds Annual Conference 2014 in Liverpool was in full swing today, with panel discussions on auto-enrolment, collective defined contribution, independent governance committees, to name just a few.
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Opinion
Webb: My pension schemes bill is focused on the saver's experience
Last week, I had the privilege of introducing the pension schemes bill to Parliament, and seeing it receive an unopposed second reading.
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Opinion
What you need to know from the pension schemes bill second reading
This week the new pensions bill had a second reading in the House of Commons, the first opportunity for members of parliament to debate its main principles.
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Opinion
The rise and rise of cash in lieu for FTSE 100 execs
It seems we have reached a tipping point where defined benefit is no longer the most common pension arrangement of FTSE 100 companies.
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Features
Unite mulls launching CDC scheme as unions back risk sharing
Unite is considering establishing a collective defined contribution scheme, as union groups voice their support for defined ambition benefit structures that share risk between employees.
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OpinionThe challenges facing Canada and UK's target benefit scheme
Last month, governments in London and Ottawa moved closer to implementing collective pension schemes, which share risk among members in the hope of proving better outcomes for savers.
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Features
How the DA pensions bill could affect your scheme
Schemes have been left pondering how their benefit structures would be considered under the the government’s latest pensions bill, which codified three types of pension scheme, including “shared risk” schemes.
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OpinionPensions bill looks to provide substance to 'defined ambition'
Editor's blog: The pensions reform hamster wheel is spinning again and the industry is rushing to see what surprises are hidden in the pensions bill laid before Parliament today.
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Opinion
Bee: Why I was pleased and horrified by the Budget changes
I was very pleased by the pension changes that were announced in this year’s Budget – but seem to be in a minority of one in that I was horrified by it all too.
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NewsAMNT: Oz-style 'supers' could emerge from latest UK reforms
The Association of Member Nominated Trustees has said ‘to-and-through’ retirement options could pave the way for Australian-style superannuation schemes, if employers are willing to take on any additional governance burden that a post-retirement commitment could create.
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Opinion
Why a lack of detail is holding up the defined ambition debate
Today, the Queen set out the government's legislative plan. Pensions were expected to take centre stage, with proposals for collective defined contribution schemes expected to be announced.
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Opinion
Webb makes bid to secure legacy with CDC
This week’s Queen’s Speech will bring about further reforms to the pensions’ landscape focusing on collective defined contribution proposals, according to reports.
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Opinion
Webb: we will enable risk-sharing to meet members' certainty demand
Our programme of pensions reform is gathering momentum, but there is more to come.