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In the UK, the idea of collective defined contribution (CDC) pension schemes is gaining more attention with the launch of the Royal Mail CDC scheme, the first of its kind in the UK. In this webinar Professor Catherine Donnelly investigates the performance of a defined benefit-like CDC scheme, by considering the income paid out in retirement to the scheme members. This builds on our previous webinar, which explained the different types of investment risk-sharing in such a CDC scheme. |
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