CDC benefits may be 50% greater than those offered by DC, says LCP

Consultancy says multi-employer CDC schemes could come to market from 2026

Martin Richmond
clock • 3 min read
CDC benefits may be 50% greater than those offered by DC, says LCP

The expected benefits offered by collective defined contribution (CDC) schemes could be 50% greater than those offered by defined contribution (DC) schemes, research from Lane Clark & Peacock (LCP) finds.

The consultancy examined 2,500 simulations looking at a 43-year-old saver beginning a 25-year career, with the assumption of a 12% annual contribution rate. Its analysis compared the expected retir...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Contribution

Why we can't let the government dictate how we invest our pensions

Why we can't let the government dictate how we invest our pensions

Prioritising investments in illiquid assets risks leaving savers with poorer outcomes

Romi Savova
clock 06 December 2024 • 3 min read
Ten years of the DC Future Book

Ten years of the DC Future Book

How to build on the foundations of a decade of auto-enrolment

Professional Pensions
clock 28 November 2024 • 13 min read
Aviva Investors launches private debt LTAF

Aviva Investors launches private debt LTAF

Firm’s third LTAF aims to provide DC savers with range of investments from across private debt spectrum

Martin Richmond
clock 27 November 2024 • 4 min read
Trustpilot