Event: The ABC of CDC: A TUC Pensions Conference
TUC Congress House, Great Russell Street London WC1B 3LS
About the event:
With automatic enrolment bringing more low and middle earners into workplace pensions, attention is turning to how to improve the incomes savers can receive in retirement. Traditional defined contribution pensions are inefficient as they leave individuals bearing investment and longevity risk alone. Legislation making its way through Parliament will allow the introduction of collective pensions in the UK. Experts say that by pooling investment and longevity risk, collective defined contribution (CDC) pensions could boost retirement savings by as much as 30 per cent.
While CDC approaches are common in the Netherlands, Denmark and Canada, this is a relatively new concept in UK pensions. This conference will explore issues including the international experience of CDC, the prospects for CDC in the UK and whether CDC pensions match with what workers want for their retirement savings.
With speakers including Pensions Minister Steve Webb, Shadow Pensions Minister Gregg McClymont and a range of experts from the UK and overseas, this is an event for trustees, trades unionists and pensions and investment professionals to share information and experience.
- Steve Webb MP, Minister of State for Pensions
- Gregg McClymont MP, Shadow Minister for Pensions
- Mel Duffield, Deputy Director, Pensions Policy Institute
- Chris Driessen, Policy Advisor,FNV
- Morten Nillson, Chief Executive, Now: Pensions
- Kevin Wesbroom, Principal Consultant, Aon Hewitt
- Sandeep Maudgil, Partner, Slaughter and May
- Hilary Salt, Actuarial Director, First Actuarial
- David Pitt-Watson, Executive Fellow, London Business School
- Nigel Stanley, Head of Campaigns, TUC
- Stephen Bowles, Head of Defined Contribution, Schroders