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.
Podcast: Can CDC schemes resolve intergenerational unfairness?
Collective Defined Contribution (CDC) schemes are being described as the next evolution in pensions, yet innovation often comes with challenges.

John Southall, Head of Strategic Research within our Asset Allocation team, offers his perspective on some key issues, including:
- Who stands to gain and who carries the risk
- Key advantages and drawbacks of CDC
- How to think about intergenerational unfairness
- Unique challenges of retirement-only CDC
You can listen on Apple, Audioboom and Spotify.
This podcast was recorded on February 10, 2026 and is hosted by Sarka Halas, content manager.
For professional investors only. Capital at risk. Views expressed are of L&G as at February 2026.
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