Thursday, June 05, 2014

What is CDC? (and will it be contagious?)

Apologies for the tabloid style headline, but in the Queen's speech yesterday, she announced that the Government is looking to introduce Dutch style "Collective Defined Contribution" pensions (or CDC).

For the 99% of the population who don't have a clue about CDC (or pensions generally) please click on this link to a post by Nigel Stanley, in the TUC Touchstone site "What are CDC Pensions and why are they a good thing". 

For another alternative view see Michael Johnson's post for the Centre for Policy Studies called "Collective DC: the least worse option". 

Hat tip picture "Starry Night" by Vincent Van Gogh.
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