Disclaimer: Views in this blog do not promote, and are not directly connected to any L&G product or service. Views are from a range of L&G investment professionals, may be specific to an author’s particular investment region or desk, and do not necessarily reflect the views of L&G. For investment professionals only.

05 Mar 2026
1 min read

CDC: Beyond the headlines

A focus on intergenerational risk transfer.

CDC 1

Collective Defined Contribution (CDC) is in the spotlight following the government’s publication of the multi-employer CDC regulations, with the first multi-employer CDC schemes potentially operating from early next year. Most of the commentary has focused on the headline benefits. But CDC schemes also come with challenges, in particular, intergenerational value transfer. In this article, we explore how thoughtful design could help to address this issue.

Key takeaways

Read our research: CDC: Beyond the headlines

 

John Southall24

John Southall

Head of Strategic Research, Asset Management, L&G

John is the Head of Strategic Research in L&G's Asset Management division. John used to work as a pensions consultant before joining L&G in 2011. He has a PhD in dynamical systems and is a qualified actuary.

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