CDC in decumulation - five key strategic areas for focus

Michael Jones lists what should be at the forefront of the government’s list of priorities

clock • 8 min read
Michael Jones: CDC could be the much-needed route to adequate income in retirement
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Michael Jones: CDC could be the much-needed route to adequate income in retirement

With the government expected to launch its first of two consultations on collective defined contribution (CDC) early next year, industry attention is demonstrably turning to CDC in decumulation and whether it could be a viable alternative to drawdown at retirement by turning pension pots into income for life.

Existing legislation covers employer-run CDC schemes (single or multiple employers who are part of the same corporate group), but so far, only Royal Mail have taken up the mantle. The Royal Mail mo...

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