Important, interesting, mathsy report on Collective DC pensions by PPI and KCL.
- Modelling shows downsides of CDC
- CDC performs similarly to flex then fix, at best
- New concept of Collective Drawdown (drawdown + longevity pooling) outperforms everything
- But isn't that neat a fit in UK pensions

At first blush, the Conservatives' First Job Bonus has some appeal in helping address the trade-off of saving for a home vs for retirement: tax cut for young people, no cost to employers or workers. *Still need to fix housing supply though!* And quite a few questions:

Rachel Reeves edited this 2011 pamphlet as Shadow Pensions Minister (I just found it in an office clearout). Progress made on some of these issues, but the Pensions Commission might be the first opportunity to grasp them holistically. The editor, helpfully, is now well placed to act upon them.

The FCA's consultation on Targeted Support is a big step forward, which should enable providers to guide customers to better decisions, esp about retirement. Also some big questions in the accompanying Discussion Paper - some of them familiar - about pension transfers and the SIPP market. (1/2)

So it looks like this site won, and I can delete my Mastodon account from when things started to go bad in the other place?