Collective Defined Contribution

Collective Defined Contribution

Collective Defined Contribution

Live Webcast: 13 December 2018

  • Overview
    • Advocates of CDC argue that sharing financial and demographic risks across a wide pool of individuals can help smooth ‘shocks’ and substantially reduce the risk of members experiencing very poor outcomes. But CDC is not without its critics, many of whom argue that it is no less exposed to the financial and demographic risks that have undermined other pension systems and the risk of future cuts to benefits will undermine their appeal.
  • Why attend
    • The Department of Work & Pensions has recently launched a consultation to “shape future legislation for Collective DC schemes. This comes against the background of Royal Mail Group wishing to establish a CDC scheme for its 160,000 workers. It therefore looks as if CDC will soon become a regulatory reality. Many employers will wish to consider whether they agree with the Government’s verdict that “CDC pension schemes are an important innovation which will provide more choice and flexibility for pension scheme members and employers”.
  • Who should attend
      • Head of Benefits
      • Head of Compensation and Benefits
      • HR
      • Finance
  • Speakers
    • Jim Doran - UK DC Governance Leader, Mercer 
      Glyn Bradley- Principal & Research Actuary, Mercer