Work

Collective Defined Contribution (CDC): the route to effective pension scheme design

Year: 2025

Type: article

Abstract: This paper has been prepared by the IFoA’s Collective Defined Contribution (CDC) working party. The purpose is to raise awareness within the actuarial community and pensions industry on the wide range of design options and considerations for CDC solutions, together with a set of principles for the design work, which we believe should apply in most cases. This should also aid understanding of why different designs are better in different circumstances, and why some designs might have certain features that others would avoid.

Source: British Actuarial Journal

DOI: 10.1017/s1357321725000078

Authors: James Franklin-Adams, Keith McInally

Institutions: Aon (United Kingdom), Willis Towers Watson (United Kingdom)

Language: English

Topic: Financial Literacy, Pension, Retirement Analysis

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid:

Funder: Centers for Disease Control and Prevention