Buzz: Letting savers cash in pots undermines CDC

clock

Almost half of Buzz respondents said letting defined contribution (DC) savers take their pots in cash would undermine plans to introduce collective DC.

"It seems to me that collective DC might conceivably be helped by this," said one respondent. "A scheme could offer a basic guaranteed drawdown income with an upside for good investment return." ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

SPP: Shining a light on ESG ratings

SPP: Shining a light on ESG ratings

Amanda Cooke says FCA framework on ESG ratings is welcome but must be proportionate

Amanda Cooke
clock 29 May 2026 • 3 min read
FRC issues finalised actuarial guidance on historic scheme rule changes

FRC issues finalised actuarial guidance on historic scheme rule changes

Guidance issued after Pension Schemes Act passed into law

Martin Richmond
clock 22 May 2026 • 2 min read
Industry welcomes 'breadth and ambition' of Pensions Commission's interim report

Industry welcomes 'breadth and ambition' of Pensions Commission's interim report

Interim report sets out the ‘key challenges’ facing the current pensions system

Holly Roach
clock 19 May 2026 • 4 min read
Trustpilot