Better late than never. This is my contribution to the panel fringe on Collective Defined Contribution (CDC) pensions. Many thanks to Hilary from First Actuarial for organising and chairing. Also to Andy and Derek for their excellent contributions. It …Read more…
TUC Congress 2023: Day Three
Tuesday was a busy day for me. In the morning we had a great speech by guest speaker, the shadow Deputy Prime Minister (I love repeating this), Angela Rayner on Labour’s “New Deal for Working People”. During lunch I took part in a fringe pan…Read more…
COLLECTIVE PENSIONS: IMPROVING INCOME AFTER WORK – TUC Fringe 23
Next tuesday 12 September 2023 at 12.45 – 2pm I will be a panel speaker at a TUC fringe at Congress in Liverpool sponsored by First Actuarial LLP. I am at TUC as a UNISON NEC delegate but will be speaking at this fringe as a trade union pens…Read more…
“Royal Mail CDC pensions ‘could outperform DB as well as DC”
Recently I completed a research project into Pension Provision for Housing Association staff. In the project I mentioned the pros and cons on the new CDC (Collective Defined Contribution) schemes that have very recently been allowed to operate i…Read more…
Decent pension provision is not dying out – it’s being murdered
A headline in last Friday’s “Professional Pensions” was “DB surplus hits record high of £382bn on best estimate basis, says First Actuarial”
It is becoming increasingly clear that the the huge decline in decent pension provision in the UK (employ…Read more…
Should DB schemes open to new members get special treatment? (and why DC schemes are so rubbish in comparison)
I had a name check in this interesting article below. Modern defined benefit (DB) pension schemes are the only way that ordinary working people will be able to enjoy a secure retirement.
I recently pointed out to a journalist that in the DB Local Gov…Read more…
“Government to respond to petition challenging LGPS investment reforms”
From Professional Pensions website. (I must send them a new picture to use!)
“More than 10,000 people have signed a parliamentary petition launched by Unison to examine proposed changes to the Local Government Pension Scheme (LGPS) investment regula…Read more…