What is CDC and how might it work in the UK

Document type
Wilkinson, Lauren
Pensions Policy Institute
Date of publication
29 November 2018
Poverty Alleviation Welfare Benefits and Financial Inclusion, Older Adults
Social welfare
Material type

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Despite the fact that CDC has been discussed several times in recent years as a possibility for the UK, there is still confusion about exactly how it would work in practice. Collective schemes have been introduced in a variety of ways in different countries, and for that reason there is little clarity within the UK pensions industry about what CDC actually entails and what it might look like in practice in the UK context. This report seeks to demystify CDC and its implementation, drawing on existing literature and overseas experience.

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