How much?! Looking beyond headline CDC uplifts
By Hymans Robertson
Much of the debate around Collective Defined Contribution (CDC) schemes has focused on their potential to improve retirement adequacy. But higher income is only one part of a good retirement outcome. Certainty, flexibility, an income for life and the ability to leave money to family can all matter too.
So, how much more income could CDC provide? It depends on what we compare it against, who the comparison is for and what outcome we’re trying to achieve.
In our latest publication, we explore: why headline CDC uplift figures can vary, how CDC compares with annuities and drawdown, the trade-offs between income, certainty, flexibility and inheritance, what different comparisons can tell us about good retirement outcomes and how our CDC AIR™ Outcomes Modeller can support more consistent comparisons between retirement solutions.
Get the report here
